
Los Angeles, California 90007
This High-Potential Investment Opportunity is a Triplex listed at $1,199,000, positioned well below the $1,200,000 Fair Market Value by 0.08%. Featuring Full Vacant Delivery and LAR1.5 Zoning, this asset offers immediate rental flexibility or development potential. While the property maintains a Condition Rating of 4, its proximity to USC and Downtown Los Angeles ensures strong long-term demand. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage vacant possession for immediate occupancy or market-rate leasing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2710 South Normandie Avenue Subject 0 bd · 0 ba · 2,928 sqft · $410 | $1,199,000* List Price | 0 | 0 | 2,928 | $410 | - |
A 2422 Juliet Street Sold 7 bd · 4 ba · 2,856 sqft · $341 · 0.4 mi | $975,000 | 7 | 4 | 2,856 | $341 | 0.4 mi |
B 1340 1342 W 25th Sold 0 bd · 0 ba · 1,954 sqft · $499 · 0.6 mi | $975,000 | 0 | 0 | 1,954 | $499 | 0.6 mi |
C 3000 Kenwood Avenue Active 0 bd · 0 ba · 3,264 sqft · $397 · 0.2 mi | $1,295,000 List Price | 0 | 0 | 3,264 | $397 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1924, this century-old triplex shows significant age despite a partial remodel. The interior images reveal basic, dated bathroom finishes and older flooring that likely exceed 15 years in age. While functional and delivered vacant for immediate occupancy, the property's age and standard of finishes suggest that systems and cosmetics require updates to meet modern standards.
All three units will be delivered vacant at the close of escrow, providing a rare opportunity for the buyer to immediately set market-rate rents or occupy the units without tenant relocation issues.
Proximity to USC, Exposition Park, and Downtown Los Angeles ensures high rental demand from students and professionals, making it a prime asset for long-term appreciation.
The generous 6,012-square-foot lot and LAR1.5 zoning offer significant potential for future development, expansion, or the addition of ADUs to maximize the property's density and income.
Built in 1924, the property likely requires significant capital expenditure for modernizing major systems such as plumbing, electrical, and roofing to meet current standards.
With two of the three units being 1-bedroom configurations, the total income potential may be lower compared to other multi-family properties with larger unit counts in this price range.
PRIME INVESTMENT OPPORTUNITY | ALL 3 UNITS DELIVERED VACANT AT COE | NEAR USC | MOTIVATED SELLER Located in the highly desirable Adams-Normandie neighborhood of Los Angeles, 2710 S. Normandie Avenue presents an exceptional investment opportunity for investors and owner-occupants alike. A MAJOR HIGHLIGHT OF THIS PROPERTY IS THAT ALL THREE RESIDENTIAL UNITS WILL BE DELIVERED COMPLETELY VACANT AT CLOSE OF ESCROW (COE), PROVIDING THE BUYER WITH FULL VACANT POSSESSION OF THE PROPERTY UPON CLOSING. Buyers are encouraged to contact the listing agent for additional information regarding the vacant delivery process. The property consists of two separate buildings with three existing residential units: a spacious 4-bedroom, 2-bathroom front unit, a remodeled 1-bedroom, 1-bathroom upstairs unit, and a detached 1-bedroom, 1-bathroom rear unit. ALL THREE UNITS TO BE DELIVERED 100% VACANT AT CLOSE OF ESCROW. This presents an excellent opportunity for buyers to take possession of the entire property without assuming existing tenant occupancy. Additionally, the property may offer potential for future development or expansion, subject to verification of zoning, permits, and all applicable city approvals. Originally built in 1924, the property offers approximately 2,928 square feet of building space on a generous 6,012-square-foot lot, zoned LA-R1.5. Enjoy convenient access to the University of Southern California, West Adams, Exposition Park, Downtown Los Angeles, Crypto.com Arena, L.A. LIVE, the Metro E Line, major freeways, restaurants, shopping, and entertainment. MOTIVATED SELLER! THREE UNITS. TWO BUILDINGS. FULL VACANT DELIVERY AT COE. Don't miss this exceptional opportunity to acquire a multi-unit property in a sought-after Los Angeles location. Contact the listing agent today for additional details regarding vacant delivery.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,928 | 2,090.331 |
| Lot Size | 6,012 | 5,852.908 |
| Price | $1.20M | $830.9K |
| Price per sq ft | $409 | $394 |
| Built year | 1924 | 1928 |
| HOA | $0 | $0 |
| Days on market | 31 | 87 |
Oct 30, 2026
$1,199,000
$1,200,000
+0% Price Increase
Initial Listing
Oct 9, 2026
$1,200,000
Initial Listing
Jan 6, 2021
$850,000
Public Record
Sep 7, 2016
$550,000
Public Record