1185 North Normandie Avenue 1185 North Normandie Avenue Los Angeles, California 90029 United States

OPPORTUNITY ZONE PROPERTY. Vacant duplex and detached studio available . According to city records, the main house is around 1256 sq ft and comprises two units, each with 2 bedrooms and 1 bathroom; however, in reality, one unit has 2 bedrooms and 1 bathroom, and the other has 1 bedroom and 1 bathroom. The detached structure features a 360 sq ft studio with an unpermitted bathroom, suitable for use as an office, storage, etc. There is side parking available for three cars. The owner is in the process of getting RTI to demolish the detached studio and build a detached two-story building with two 1-bedroom, 1-bath ADUs, each measuring 400 sq ft. The property has been vacated by the tenants through the Ellis Act. Buyers are advised to conduct their own investigations regarding the property's rental potential. To learn more about the opportunity zone benefits search "opportunity zones irs faq"

Listing Courtesy of Vladimir Rozumny