About 1007 N Normandie
First time on market in 50 years. A Fourplex plus duplex - Six units - Four units 2 bed 1 bath and Two units 1 bed 1 barh - each with its own laundry and ample closets for storage A unique multifamily located in East Hollywood, Freeway close and convenient to entertainment, KTTV Studios, Paramount Studios, Netflix, Kodak Theater, Greek Theater, Griffith Park, minutes from Downtown Los Angeles. Pride of ownership with three 2024-2026 upgraded units in upscale architectural and design features and amenities. No expense was spared in upgrading the three units to Architectural Digest standards. New plumbing, new electrical in two units and partial new electrical in one unit, new flooring, new kitchen and bath fixtures. Owner user for one unit and long term hold with income from rentals with potential for a future redevelopment for multifamily project (to be verified with City of Los Angeles). Five units will be delivered vacant. Buyer will be able to rent the vacant units at market or start plans for a redevlopment without the extreme cost of relocating tenants. All income and expenses are estimated and proforma based on the renovated upgraded units and market rents for such units. Building will be delivered with five vacant units. Buyer to perform its own due diligence. Broker does not warranty any of the information. Broker has not verified any of the information nor will broker verify any of the information. Vacant units can be rented at market rents of up to $2,800 for the one bedroom units and up to $3,650 for the two bedroom units. Four detached garages that can produce a
