Sold
7861 S Normandie Avenue
Los Angeles CA, 90044
$1,165,000
$542.36 per sqft
Sold
2,148 sqft
Commercial
Built in 1960
Listed by Dario Svidler with Keller Williams Beverly Hills 310-432-6400
Partners CRE is proud to exclusively present for sale a perfect owner-user property that has been used for many years as a Children's Daycare but can serve well as offices and much more. Very well maintained over the years by long-term family owners, everything is in good working order. The property features two structures, the larger of which consists of open areas, a kitchen, two bathrooms and direct access on two sides to the open outside spaces. The smaller of the structures features a separate fenced-in area, an open room with an entrance at opposite ends and a bathroom. With the 7,065 SF C2-1VL lot, build 17+/- Units by Right or 25+/- Units by Density Bonus. Purchase the property as a land-bank for its current use and plan for future development! The property and an owner-user Buyer may qualify for an SBA loan. An outlier currently used as a business, the corner lot is surrounded by single family homes, apartment buildings and schools. The property will be delivered vacant with no Rent Control concerns or any requirement for replacement residential units. The 13+/- Parking Spaces are currently being used as a children's play area. DO NOT GO ON SITE. DO NOT DISTURB OCCUPANTS. Children on site.
23240659
MLSⓇ ID
February 10, 2023
Listed
March 28, 2024
Updated
Map
7861 S Normandie Avenue
Los Angeles CA, 90044
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.16 Acres
Other Property Details
Area Name
C36 - Metropolitan Southwest
Days on Market
87
Garage
No
Parking Total
13
View
No
County
Los Angeles
Pool
No
Zoning
C2-1VL-CPIO
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
1/30/2024 | Price Change | $1,165,000 -11% |
1/30/2024 | Sold | $1,165,000 |
5/23/2023 | Under Contract | — |
Listing Contact: 310-432-6400
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Data last updated on 3/28/2024 at 3:14 PM UTC