Description
We are pleased to present 1321-1325 N Normandie Ave - a (6) unit multifamily development opportunity situated in East Hollywood. The proposed project consists of two separate APN's (1321 N Normandie is available for sale next door) and will be sold with RTI plans in place, making it the perfect opportunity for a potential investor to begin construction immediately. Each of the properties consists of a vacant 3 Bedroom / 1 Bath Single Family Residence in the front and a detached Duplex in the rear with (2) 1 Bedroom / 1 Bath units. The proposed RTI plans, which consist of 7,612 SF of living area on a combined 10,816 lot, modify the current property and feature a phenomenal unit mix of: (1) 3 Bedroom / 2.5 Bath unit, (2) 3 Bedroom / 3 Bath units and (3) 4 Bedroom / 3 Bath units. The modification of the current structures with the RTI plans that are in place allow an investor to avoid demolition costs and ground up construction, resulting in significant time and financial savings!
-
4BEDS
-
0.12ACRES
-
0BATHS
-
01/2 BATHS
-
3,724SQFT
-
$389$/SQFT
School Ratings & Info
Description
We are pleased to present 1321-1325 N Normandie Ave - a (6) unit multifamily development opportunity situated in East Hollywood. The proposed project consists of two separate APN's (1321 N Normandie is available for sale next door) and will be sold with RTI plans in place, making it the perfect opportunity for a potential investor to begin construction immediately. Each of the properties consists of a vacant 3 Bedroom / 1 Bath Single Family Residence in the front and a detached Duplex in the rear with (2) 1 Bedroom / 1 Bath units. The proposed RTI plans, which consist of 7,612 SF of living area on a combined 10,816 lot, modify the current property and feature a phenomenal unit mix of: (1) 3 Bedroom / 2.5 Bath unit, (2) 3 Bedroom / 3 Bath units and (3) 4 Bedroom / 3 Bath units. The modification of the current structures with the RTI plans that are in place allow an investor to avoid demolition costs and ground up construction, resulting in significant time and financial savings!
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-17T23:42:25.877. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.