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$1,249,900

Listing Price

10beds

9baths

3,630sqft

6,881sqft lot

2705 S Normandie Ave, Los Angeles, CA 90007

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1920

Year built

Home Details

Immediate cash flow! Currently leased at $10,543/month through July 2027 with 7.98% cap rate, 9.88 GRM and ADU potential. We are pleased to offer the opportunity to acquire this high yield Duplex, featuring 10-bedroom + 9-bathroom Student Housing investment opportunity, blocks to the University of Southern California (USC). The duplex is approximately 3,630 rentable square feet on a 6,881 square feet lot, was fully remodeled in 2020 with city permit, featuring brand new exterior stucco/paint, completely updated bathrooms with new electrical, plumbing, sewer and gas lines, brand new portable AC systems, and in-unit washer & dryer on each floor. The investment is 100% occupied with students/graduates and fully leased for the 2025-2026 academic school year. With a consistent 100% occupancy rate, this asset offers a low-risk, stable investment with strong potential for continued growth and excellent operating fundamentals. The property generates a gross income of $12,000 per month, with tenants responsible for all utilities, including water/gas/electricity. Additionally, the large 6,881 SF (LARD1.5 zone, TOC Tier 2) lot presents an opportunity for further cash flow enhancement by constructing ADUs. DO NOT DISTURB THE TENANTS. Showing by Appointment only.

Interior Details

Square Feet
  • 3630

Bedrooms
  • 10

Bathrooms
  • 9

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6881

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • N/A

Style
  • Duplex Single

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$5,940

$243,904

$232,286

--%

$476,190

2019

$5,940

$239,122

$227,732

--%

$466,854

2018

$5,834

$234,434

$223,267

--%

$457,701

2017

$5,714

$229,838

$218,890

--%

$448,728

2016

$5,549

$225,332

$214,599

--%

$439,931

2014

$3,160

$135,208

$104,479

--%

$239,687

2013

$3,154

$134,597

$104,007

--%

$238,604

2012

$3,113

$131,958

$101,968

--%

$233,926

percent-home-icon

Average Home Price in 90007

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percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,249,900
$
Down payment
249,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
7,499.40
$
HOA (Monthly)
0
$
PMI
0
$
$8,091
Your Payment
Total Monthly Payment:$8,091
Percent of Income:139%
Affordable:No

Details for 2705 S NORMANDIE AVE

Property Debt

Foreclosure Contact Details