Lyon Stahl Investment Real Estate is pleased to present 4901 S Normandie Avenue in the City of Los Angeles. The property is near the 110 and I-10 Highways offering tenants easy access to Downtown Los Angeles and the Westside. This 2,380 SF duplex was… Read More built in 1995 and is exempt for Los Angeles City Rent Control. The property sits 6,440 SF corner lot and is composed of two, 3-bedroom/2-bathroom units. The owner recently tastefully remodeled the property. The upgrades made include remodeling the kitchens and bathrooms, new fencing, new storage, new concrete for the exterior of the property, new water heaters for both units, new painting on the interior and exterior, new flooring and new window bars with bedroom releases. 4901 S Normandie Avenue offers an astute investor or owner-user the opportunity to own a turnkey asset in one of Los Angeles’s strongest rental markets. Without the restrictions of Los Angeles City Rent Control, 4901 S Normandie Avenue presents an amazing investment that will offer strong long-term cashflow in an appreciating market of Los Angeles. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Nico Rosmarin 303-819-5225
Listing Snapshot
Days Online
7
Last Updated
Property Type
Duplex
Lot Size
0.12 Acres
Year Built
1995
MLS Number
SB25199166
30 Days Snapshot Of 90037
$639k
-8%
(avg) sold price
5
-16%
homes sold
57
+21%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1995, Building area total: 2,380, 2 buildings, Common walls: NoCommonWalls
Community
Urban
Expenses
Operating expense: $19,818
Income
Gross income: $62,400, Net operating income: $40,711
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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