606 Normandie Avenue, Los Angeles, California 90004, Los Angeles, 90004 - 4 bed, 3 bath
ACTIVE$1,095,000
606 Normandie Avenue, Los Angeles, California 90004
4Beds
3Baths
3,382Sqft
7,505Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: This stacked duplex offers an excellent opportunity for both investors and owner-users, providing potential for dual income streams or owner-occupancy with rental income.
Top Cons:
Incomplete Upper Unit: The upper unit requires significant construction work in the kitchen and bathroom, necessitating immediate capital investment and delaying its full income potential.
Compared to the nearby listings
Price:$1.09M vs avg $1.10M ($-5,000)33%
Size:3,382 sqft vs avg 3,382 sqft50%
Price/sqft:$324 vs avg $32450%
More Insights
Built in 1921 (104 years old).
Condition: The property was built in 1921, making it over 100 years old. While the lower unit is described as 'rent-ready' with wood flooring, images reveal dated features including floral wallpaper, older kitchen cabinets and appliances, and an older style bathroom. The upper unit explicitly 'requires completion of construction work in the kitchen and bathroom,' which is evident in the images showing stripped-down walls, exposed plumbing, and missing fixtures in these critical areas. This indicates substantial repairs and rehabilitation are needed for a significant portion of the property, aligning with the 'poor' condition criteria.
Year Built
1921
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$324
HOA
-
Days on market
-
Sold On
-
MLS number
P1-24131
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
Located in the vibrant East Hollywood neighborhood of Los Angeles, this stacked duplex offers an excellent opportunity for both investors and owner-users. The lower unit is rent-ready and features 2 spacious bedrooms, 2 bathrooms, attractive wood flooring, and the convenience of an in-unit laundry room--ideal for immediate occupancy or income generation. The upper unit also boasts 2 bedrooms and 1 bathroom, along with wood floors and a dedicated laundry area. While the top unit requires completion of construction work in the kitchen and bathroom, it presents a blank canvas for customization or value-add potential. With its central location and strong rental demand, this duplex is a compelling asset in a dynamic and growing part of the city.
Condition Rating
Poor
The property was built in 1921, making it over 100 years old. While the lower unit is described as 'rent-ready' with wood flooring, images reveal dated features including floral wallpaper, older kitchen cabinets and appliances, and an older style bathroom. The upper unit explicitly 'requires completion of construction work in the kitchen and bathroom,' which is evident in the images showing stripped-down walls, exposed plumbing, and missing fixtures in these critical areas. This indicates substantial repairs and rehabilitation are needed for a significant portion of the property, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Income-Generating Duplex: This stacked duplex offers an excellent opportunity for both investors and owner-users, providing potential for dual income streams or owner-occupancy with rental income.
Prime East Hollywood Location: Situated in a vibrant and central East Hollywood neighborhood of Los Angeles, benefiting from strong rental demand and potential for appreciation in a dynamic area.
Rent-Ready Lower Unit: The lower unit is immediately rent-ready with 2 bedrooms, 2 bathrooms, wood flooring, and in-unit laundry, allowing for immediate occupancy or income generation.
Value-Add Potential: The upper unit, requiring completion in the kitchen and bathroom, presents a blank canvas for customization, allowing a buyer to add significant value and increase future rental income or equity.
In-Unit Laundry: Both units feature convenient in-unit laundry facilities, a highly desirable amenity that enhances tenant appeal and marketability.
Cons
Incomplete Upper Unit: The upper unit requires significant construction work in the kitchen and bathroom, necessitating immediate capital investment and delaying its full income potential.
Age of Property: Built in 1921, the property may have aging infrastructure (e.g., plumbing, electrical, roof) that could lead to higher maintenance costs or require substantial upgrades in the near future.
Renovation Management Required: The buyer will be responsible for managing or overseeing the completion of the upper unit's renovation, which can be a time-consuming and complex process.