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$2,000,000
Listing Price9beds
6baths
4,972sqft
6,400sqft lot
926 S Normandie Ave, Los Angeles, CA 90006
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Positioned in the crown jewel of Koreatown, near the iconic intersection of Normandie Avenue and Wilshire Boulevard, this exceptionally rare 100% vacant triplex presents one of Los Angeles' most compelling value-add investment opportunities. Comprised of three spacious 3-bedroom units, this LAR4-zoned property offers a true blank canvas with significant repositioning potential, allowing the next owner to immediately renovate, modernize, reposition, or explore future development and entitlement opportunities (buyer to verify). Delivered completely vacant at the close of escrow, this is a rare opportunity to maximize rental income from day one without the challenges of tenant relocation or existing rent-control restrictions. Whether you're an experienced investor, developer, contractor, or owner-user with a vision, the possibilities are endless. Ideally situated just moments from Wilshire Boulevard, Metro stations, Downtown Los Angeles, world-class dining, shopping, entertainment, and major employment centers, this premier location continues to experience strong rental demand and long-term appreciation. Opportunities to acquire a fully vacant triplex in the heart of Koreatown are extraordinarily scarce. Bring your vision, unlock the tremendous upside, and capitalize on this rare opportunity to create a premier income-producing asset in one of Los Angeles' most sought-after investment corridors..
Interior Details
4972
9
6
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Basement (unspecified)
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6400
Yes
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Triplex
N/A
N/A
N/A
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$4,133
$213,618
$91,877
--%
$305,495
2019
$4,133
$209,430
$90,076
--%
$299,506
2018
$3,990
$205,324
$88,310
--%
$293,634
2017
$3,913
$201,299
$86,579
--%
$287,878
2016
$3,767
$197,352
$84,882
--%
$282,234
2014
$3,750
$190,581
$81,970
--%
$272,551
2013
$3,745
$189,720
$81,600
--%
$271,320
2012
$3,779
$122,918
$149,371
--%
$272,289
Average Home Price in 90006
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles



