9819 S S. Normandie
Property Overview
Mixed-Use Commercial +3BD Home (Ready for Occupancy) | Located in the heart of Los Angeles, is a fully stabilized mixed-use investment opportunity offering nearly an 8% CAP rate and strong in-place cash flow. The property consists of two retail storefronts facing S. Normandie Avenue, each approximately +/-800 square feet, and a detached single-family residence in the rear with its own private driveway and direct access to Normandie Ave., +/-1,000 square feet. The property is 50% occupied with long-term leases in place: The Mini Market pays $1,700 per month (lease expires March 1, 2027), the Storefront#2 (lease is MTM), and the Residential Unit-Vacant can be leased for +/-3,000.00 per month or used as a primary residence. This turnkey asset offers investors a rare opportunity to acquire a well-maintained, income-producing property with diversified retail and residential income in a strong Los Angeles rental market.
Home Details
- Property type
- Residential - Mixed Use
- Year built
- 1951
- Living area
- 2,600 sq ft
- Lot size
- 3,723 sq ft
- Parking
- 2 spaces
- Days on market
- 119
- MLS status
- Active
Community, Schools & Utilities
Community
- View
- Yes
Schools
- School district
- Los Angeles Unified
Location & Neighborhood
Frequently Asked Questions About 9819 S S. Normandie
Property type: Residential
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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