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For SaleSingle-Family Home

9819 S S. Normandie

Los Angeles, CA 90044

$900,000
$346/sq ft
Bedrooms
3
Bathrooms
1
Interior
2,600 sq ft
Year Built
1951

About this residence

Mixed-Use Commercial +3BD Home (Ready for Occupancy) | Located in the heart of Los Angeles, is a fully stabilized mixed-use investment opportunity offering nearly an 8% CAP rate and strong in-place cash flow. The property consists of two retail storefronts facing S. Normandie Avenue, each approximately +/-800 square feet, and a detached single-family residence in the rear with its own private driveway and direct access to Normandie Ave., +/-1,000 square feet. The property is 50% occupied with long-term leases in place: The Mini Market pays $1,700 per month (lease expires March 1, 2027), the Storefront#2 (lease is MTM), and the Residential Unit-Vacant can be leased for +/-3,000.00 per month or used as a primary residence. This turnkey asset offers investors a rare opportunity to acquire a well-maintained, income-producing property with diversified retail and residential income in a strong Los Angeles rental market.

Neighborhood0 parking

Features & finishes

  • WalkInPantry

Property details

Status
For Sale
Property type
Single-Family Home
Price per sq ft
$346/sq ft
Days on market
119 days
Year built
1951
HOA fee
$0/mo
View
Neighborhood
Parking
0 spaces
Furnished
No
Waterfront
No
MLS number
IG26042419

Location & neighborhood

9819 S S. Normandie, Los Angeles, CA 90044

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Mortgage calculator

Down payment20% · $180,000
Interest rate6.50%
Loan term30 years
$6,291
per month
  • Principal & interest$4,551
  • Property taxes$1,365
  • Insurance$375
  • HOA / fees$0
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Estimate only. Taxes, insurance and HOA are approximate.

Listing courtesy of Keller Williams Realty · MLS IG26042419. Information deemed reliable but not guaranteed; buyers should independently verify all details.

Equal Housing Opportunity. LA Condo HQ is committed to compliance with all federal, state, and local fair housing laws. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, or any other protected class. All measurements, square footage, and financial figures are approximate and provided for informational purposes only.

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