422 Normandie Place Los Angeles, CA 90004
East Hollywood NeighborhoodEstimated payment $4,921/month
Highlights
- Laundry Room
- Paved or Partially Paved Lot
- 1-Story Property
About This Home
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!
Listing Agent
Keller Williams South Bay Brokerage Phone: 310-918-0020 License #01965012 Listed on: 09/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,705
Year Built
- Built in 1922
Lot Details
- 4,346 Sq Ft Lot
- 1 Common Wall
- Paved or Partially Paved Lot
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,538 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- Parking Available
- Driveway
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 5 / 18
- Assessor Parcel Number 5520013005
- $330 per year additional tax assessments
Community Details
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Gross Income $56,628
Additional Features
- 2 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,705 | $379,443 | $304,141 | $75,302 |
| 2024 | $4,705 | $372,004 | $298,178 | $73,826 |
| 2023 | $4,620 | $364,711 | $292,332 | $72,379 |
| 2022 | $4,415 | $357,560 | $286,600 | $70,960 |
| 2021 | $4,352 | $350,550 | $280,981 | $69,569 |
| 2019 | $4,224 | $340,154 | $272,648 | $67,506 |
| 2018 | $4,118 | $333,485 | $267,302 | $66,183 |
| 2016 | $3,927 | $320,537 | $256,923 | $63,614 |
| 2015 | $3,870 | $315,723 | $253,064 | $62,659 |
| 2014 | $3,894 | $309,539 | $248,107 | $61,432 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $850,000 | -- | $553 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $180,000 | Provident Title | |
| Interfamily Deed Transfer | -- | Gateway Title | |
| Quit Claim Deed | -- | Stewart Title | |
| Corporate Deed | $170,000 | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $144,000 | Negative Amortization | |
| Previous Owner | $25,000 | No Value Available | |
| Previous Owner | $153,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25202487
APN: 5520-013-005
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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