Overview
- Residential
- 3
- 1
- 0
- 2600
- 704727
Description
3BD Home +Two Storefronts .Mixed-Use | 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 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.
Details
Updated on May 5, 2026 at 11:08 pm Listed by Kanani Stallings, Keller Williams Realty- Property ID: 704727
- Price: $900,000
- Property Size: 2600 Sqft
- Land Area: 3723 Square Feet
- Bedrooms: 3
- Bathroom: 1
- Garage: 0
- Year Built: 1951
- Property Type: Residential
- Property Status: Active
Features
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