This is the opportunity of a lifetime. Buy the Corner and Hold if for the Future!!!!! There are very few buildable commercial 1 acre lots in the area. The subject property actually sits on the inside corner of this particular lot and is their missing piece needed for a potentially spectacular development at this location. Subject property is a duplex in Hollywood area, 1424 N. Normandie Ave. and 1424 1/2 N. Normandie Ave. Zoning is LAC2, and the structural use is residential. The subject property consists of two, single story, detached homes! Main home is newly remodeled. Both homes are 2 bedrooms with a full bathroom each. Easy walk to all of the hip and trendy shops and restaurants on Hollywood Blvd and Sunset Blvd. Seller is MOTIVATED! Don't hesitate to submit. Seller is the listing agent and is also a licensed real estate agent in the State of California.
For sale
Listed by: HPS Real Estate Investments • Gary Demiraiakian • 760-275-9785
$2,250,000
1425 N Normandie Ave, Los Angeles, CA 90027
--beds
--baths
--sqft
Multi Family
Built in 1923
-- sqft lot
$753,400 Zestimate®
$--/sqft
$-- HOA
What's special
Private outdoor space
- 872 days |
- 6 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Gary Demiraiakian DRE #01481996 760-275-9785,
HPS Real Estate Investments
Source: CRMLS,MLS#: 219109450DA
Originating MLS: California Desert AOR & Palm Springs AOR
Originating MLS: California Desert AOR & Palm Springs AORFacts & features
Interior
Rooms
- Room types: Other
Heating
- Natural Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Gas Water Heater, Water Heater
Features
- Flooring: Wood
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: Shared Driveway
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,052 Square Feet
- Features: Front Yard, Landscaped, Near Public Transit, Rectangular Lot, Yard
Details
- Parcel number: 5544037015
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow,Traditional
- Property subtype: Multi Family
Materials
- Foundation: Raised
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1923
Community & HOA
Community
- Subdivision: Not Applicable-1
Location
- Region: Los Angeles
Financial & listing details
- Tax assessed value: $508,945
- Date on market: 4/3/2024
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Submit
- Tenant pays: Cable TV, Electricity, Gas
Estimated market value
$753,400
$655,000 - $859,000
$3,611/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2025 | Price change | $2,250,000-10% |
Source:  Greater Palm Springs Realtors #219109450 Report a problem | ||
| 4/4/2024 | Listed for sale | $2,500,000+163.2% |
Source: Greater Palm Springs Realtors #219109450 Report a problem | ||
| 5/22/2019 | Listing removed | $950,000 |
Source: HPS Real Estate Investments #218023536 Report a problem | ||
| 8/25/2018 | Listed for sale | $950,000 |
Source: HPS Real Estate Investments #218023536 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $508,945 +2% |
| 2025 | $6,335 +1.4% | $498,967 +2% |
| 2024 | $6,249 +1.9% | $489,184 +2% |
| 2023 | $6,132 +4.7% | $479,593 +2% |
| 2022 | $5,854 +1.3% | $470,190 +2% |
| 2021 | $5,780 -0.9% | $460,971 +1% |
| 2020 | $5,835 | $456,245 +2% |
| 2019 | $5,835 +5.7% | $447,300 +2% |
| 2018 | $5,522 | $438,530 +2% |
| 2017 | $5,522 +2.2% | $429,932 +2% |
| 2016 | $5,403 +2.5% | $421,503 +1.5% |
| 2015 | $5,273 +0.9% | $415,173 +2% |
| 2014 | $5,225 | $407,042 +5.3% |
| 2010 | -- | $386,562 -0.2% |
| 2009 | -- | $387,481 +2% |
| 2008 | -- | $379,884 +2% |
| 2007 | -- | $372,436 +2% |
| 2006 | -- | $365,134 |
| 2005 | -- | $365,134 +258.2% |
| 2004 | -- | $101,936 +1.9% |
| 2003 | -- | $100,068 +6.1% |
| 2000 | -- | $94,299 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Hollywood
Nearby schools
GreatSchools rating
- 7/10Ramona Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Joseph Le Conte Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Helen Bernstein High SchoolGrades: 9-12Distance: 0.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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