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Image 1 - 1217 N Normandie Ave, Los Angeles, California, 90029 - House for sale

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Home For Sale In Los Angeles, California

1217 N Normandie Ave, Los Angeles, California, 90029

Home For Sale In Los Angeles, California

house for sale

7 views

Listed: 03/27/24

1217 N Normandie Ave, Los Angeles, California, 90029

3 Bed:

1 Bath:

1,222 Sq Ft Living Area:

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Price

$ 1,2M

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About This House

A great opportunity for owner-occupied or developer/investor. Please drive by only. The Property is upgraded and remodeled, with 3 bedrooms and 1.50 baths.(per appraiser) Convenient location, near Hollywood, Korean Town, Thai Town, and Downtown Los Angeles. It sells with the next door property ( which has 2 units, 1 bedroom and 1 bath each) together 2 lots, Total lot size approximately of8, 458Sq. Ft, (per tax assessor information) Zoning isLARD1.5 -XL,It possible to build up to 8 units with Transit Oriented Communities-Tier 1, The property is located in opportunity Zone(Investor might be benefit for a special tax zone, verify with the city and state ) the price of two properties is$2, 400, 000Buyer to do their owns investigation. The seller's agent, broker, and sellers do not guarantee any square foot of the lot size or buildable units.

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East Hollywood Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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