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$1,090,000
Listing Price3beds
2baths
1,575sqft
5,905sqft lot
1029 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
New Listing
Off Market
Home type
Price / sqft
Year built
Home Details
ORIGINALLY PRICED AT $1,700,000 NOW, IT'S PRICED TO SELL. SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. BRING YOUR 1031 EXCHANGE HERE. ** NOW WITH NEW LOWERED PRICE, LOOKING FOR A SERIOUS BUYER.** NO BETTER LOCATION & ACCESSIBILITY IN TOWN. OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT & TAKE IT QUICKLY THAN ANYONE ELSE. Current ownership purchased this property for $1,100,000.00 back in 2018. Motivated Seller. All serious offers will be considered. This DUPLEX, WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. REMODEL TO GET HIGHEST RENT POSSIBLE OR REDEVELOPMENT OPPORTUNITY!! LOCATION, LOCATION, LOCATION!! R-4/1 Zoning, Center of Normandie and Olympic Blvd. Great Location with Great Possibilities!! Land Value. 14 Units By-Right Buildable sq footage 9,720sf. & 26 Potential Units with TOC Tier 3, Maximum Buildable square footage: 17,310 sf., refer to attached Document. Buyer to verify all information. There are no approved plans or RTI. Buyer/developer to draw a new plan.
Interior Details
1575
3
2
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5905
No
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
Duplex Single
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$13,608
$853,128
$291,312
--%
$1,144,440
2019
$13,608
$836,400
$285,600
--%
$1,122,000
2018
$4,227
$226,888
$102,097
--%
$328,985
2017
$4,141
$222,440
$100,096
--%
$322,536
2016
$269
$218,079
$98,134
--%
$316,213
2014
$4,009
$210,597
$94,767
--%
$305,364
2013
$281
$209,646
$94,339
--%
$303,985
2012
$293
$205,536
$92,490
--%
$298,026
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





