We are pleased to present 1321-1325 N Normandie Ave - a (6) unit multifamily development opportunity situated in East Hollywood. The proposed project consists of two separate APN's (1325 N Normandie is available for sale next door) and will be sold with RTI plans in place, making it the perfect opportunity for a potential investor to begin construction immediately. Each of the properties consists of a vacant 3 Bedroom / 1 Bath Single Family Residence in the front and a detached Duplex in the rear with (2) 1 Bedroom / 1 Bath units. The proposed RTI plans, which consist of 7,612 SF of living area on a combined 10,816 lot, modify the current property and feature a phenomenal unit mix of: (1) 3 Bedroom / 2.5 Bath unit, (2) 3 Bedroom / 3 Bath units and (3) 4 Bedroom / 3 Bath units. The modification of the current structures with the RTI plans that are in place allow an investor to avoid demolition costs and ground up construction, resulting in significant time and financial savings!
Based on the average sale price from the Oxnard, CA office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
1321 N Normandie Avenue Los Angeles, CA is a Single Family Home for sale at $1449500 with 3948 sqft and a lot size of 5,663 SqFt Acre(s). 1321 N Normandie Avenue Los Angeles has 0 bedrooms, 0 baths and was built in 1913. The property's zip code is 90027 which is in Los Angeles, CA
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.