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About This Home
This 0-bedroom, 0-bathroom commercial at 9819 S Normandie in Los Angeles, CA is listed for $900,000 ($346 per sqft). Built in 1951, the home offers 2,600 sqft of living space on a N/A lot.
Mixed-Use | Investment Opportunity- Two Storefronts + 3BD Home. 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. All units have been remodeled in recent years, showcasing true pride of ownership. The property is 100% occupied with long-term leases in place: The Mini Market pays $1,700 per month (lease expires March 1, 2027), the Smoke Shop pays $1,700 per month (lease expires December 1, 2027), 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.
Key Features
- Built in 1951
Property Details
Monthly Cost Estimate
$4,813/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
9819 S Normandie
Los Angeles, CA 90044
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 9819 S Normandie is listed at $900,000 ($346/sqft). The estimated monthly payment is $3,900 based on 20% down at 6.5% interest.
Key features include: Built in 1951.
This property is listed by Kanani Stallings and can be reached at 9513840094 or k.stallings@kw.com.
