1964 Normandie, Los Angeles, California 90007, Los Angeles, 90007 - 0 bed, 0 bath
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Los Angeles, California 90007
This Residential Income Triplex is a strategic Asset in a Prime Koreatown Location, listed at $1,450,000. Positioned near its $1,391,548 Fair Market Value, the property offers a stable entry into a high-growth submarket. Built in 2004, the Townhouse-Style Units provide modern structural standards compared to older local inventory but carry a Condition Rating of 4 due to dated finishes. This presents a clear Value-Add opportunity to increase ROI through cosmetic updates. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to capitalize on strong rental demand and area appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1964 Normandie Subject | $1,450,000* List Price | 0 | 0 | 4,000 | $348 | - |
A 1445 W 20th Street Sold | $1,370,000 | 9 | 3 | 4,098 | $334 | 0.7 mi |
B 2955 Van Buren Place Active | $1,200,000 List Price | 0 | 0 | 4,436 | $271 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 20 years old. While generally well-maintained, the interior finishes, particularly the kitchens and bathrooms, feature dated oak-style cabinets, laminate countertops, and gold-framed shower doors. The presence of window AC units suggests a lack of central air conditioning. These elements are functional but show clear signs of being outdated, requiring minor updates to meet current aesthetic and comfort standards.
The property boasts a prime location in Koreatown, offering excellent proximity (15 minutes) to major employment and entertainment hubs like Downtown LA, Hollywood, and Beverly Hills, enhancing its appeal for tenants and investors.
Built in 2004, this property is relatively new construction, suggesting modern building standards, potentially lower immediate maintenance needs, and contemporary appeal compared to older housing stock in the area.
As a residential income property with a triplex configuration, it offers significant potential for rental income and cash flow, making it an attractive investment opportunity.
The claim that the property is 'priced well below market value' is not supported by comparative data in the provided details and requires thorough independent market analysis to verify.
Crucial information for an income property, such as individual unit configurations (bedrooms/bathrooms), current rental income, and operating expenses, is absent, making a comprehensive financial assessment difficult.
The `on_market_date` (2025-09-17) and `modified_timestamp` (2026-02-01) are in the future, which contradicts the 'Active' status and suggests potential data entry errors or a pre-listing scenario that needs clarification.
KOREA TOWN PRIME LOCATION!!! Great income property built in 2003 townhouse style units price well below market value! Lots of new modern units being built in the area 15 minutes away from downtown la Hollywood and Beverly Hills hurry these won’t last!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.5 | 50% |
| Baths | 0.0 | 1.5 | 50% |
| Square foot | 4,000 | 4,049 | 50% |
| Lot Size | 5,500 | 5,696 | 50% |
| Price | $1.45M | $1.41M | 50% |
| Price per sq ft | $362 | $348 | 50% |
| Built year | 2004 | 1999 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 217 | 325 | 50% |
Sep 17, 2025
$1,450,000
Initial Listing
Dec 13, 2002
$90,000
Public Record