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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$1,350,000

Est. payment - /mo

9 Beds

9 Baths

3,684 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,684 sqft

Price per Sqft $366

MLS Listing ID DW26061060

Bedrooms 9

Full Baths 9

HOA Y/N No

Year Built 1905

Lot Size 6,616 Sqft

Property Sub-Type Single Family Residence

Property Description

This beautifully renovated property offers an investment opportunity for those interested in student housing or short-term rentals like Airbnb. The two-story building features 9 bedrooms and 9 bathrooms across 3,684 square feet of living space, set on a 6,617 square foot lot. With all bedrooms rented within a range of $1350-$1600 per month and a combined a potential monthly gross income of $11920, this an excellent investment opportunity located in the historic Adams-Normandie HPOZ. Originally constructed in 1905, this charming and spacious classic structure is well-suited for comfortable living. Ideally situated just minutes from USC, Downtown LA, L.A. Live, the L.A. Coliseum, BMO Stadium, Trader Joe's, Exposition Park, the Natural History Museum, and with easy access to the 10 and 110 freeways. Additional conveniences include a long driveway and ample parking. Ideally located on South Normandie Avenue, the property is conveniently located near the University of Southern California with school perks such being within the USC patrol zone, a short distance from both the Staples Center and LA Live. Its proximity to key local amenities further enhances its appeal as a high-potential investment.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Rooms

Main Level Bedrooms 3

Interior

Cooling Ductless

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Street Lights

View Y/N Yes

View City Lights

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5054005015

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA

Listing Terms Cash, Cash to New Loan, Conventional, FHA

Special Listing Condition Standard

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Listed by Ixbalanque Garcia Won Suk Kim Real Estate, Inc. 323-202-5885, DRE #02035537

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

2636 S Normandie Los Angeles, CA 90007