
Los Angeles, California 90004
Analysis of 422 Normandie Place, Los Angeles, California 90004 is currently available with a list price of $825,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1922, this property is over 100 years old. While described as having 'well-maintained units' and generating 'immediate rental income,' the listing explicitly notes 'outdated infrastructure, systems' and suggests interiors 'may be dated and require investment.' The exterior image shows an aged but functional duplex with visible wear on the concrete and older windows. No interior images are provided, but the description strongly implies that kitchens, bathrooms, and other interior features are likely outdated, requiring significant updates to meet current standards. This aligns with the 'Fair' condition, indicating an aged home that is maintained but shows signs of being outdated and requires updates or repairs.
Located on a highly desirable R3 lot, the property offers significant potential for expansion, adding additional units, or complete redevelopment into a multi-unit property.
Adjacent to Koreatown, residents benefit from easy access to trendy restaurants, shopping, public transit, and major freeways, making it highly attractive for renters and future development.
The existing duplex features two well-maintained units, providing immediate rental income and cash flow for investors.
Built in 1922, the property may have outdated infrastructure, systems, and require significant capital expenditure for modernization or ongoing maintenance.
With 5 beds and 3 baths across 1538 sqft, the living spaces are relatively compact, which might limit appeal for tenants seeking more spacious accommodations.
While units are described as 'well-maintained,' the description does not highlight recent renovations or modern updates, suggesting interiors may be dated and require investment to maximize rental value.
Prime investment opportunity! This duplex, located adjacent to Koreatown in a highly desirable R3 lot, offers incredible potential for both immediate rental income and future development. This property provides the perfect opportunity to expand, add additional units, or redevelop into a multi-unit property. The existing duplex features two well-maintained units and provides a blend of privacy and practicality. This prime location allows residents to enjoy easy access to trendy restaurants, shopping, public transit, and major freeways, making it highly attractive for future development. Whether you're looking to generate income now or take advantage of the zoning for future expansion, this property is a rare find in a high-demand area. Don't miss out on this value-packed investment opportunity—schedule a viewing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 67% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,538 | 3,382 | 33% |
| Lot Size | 4,346 | 7,505 | 33% |
| Price | $825.0K | $1.00M | 33% |
| Price per sq ft | $536 | $318 | 67% |
| Built year | 1922 | 1922 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 222 | 222 | 67% |
Jan 8, 2026
$825,000
$850,000
-3% Price Drop
Initial Listing
Sep 12, 2025
$850,000
Initial Listing
Sep 24, 2002
$180,000
Public Record