422 Normandie Place
Los Angeles, CA, 90004
$825,000
MLS: SB25202445
Beds
5
Baths
3
Sq Ft
1,538
Lot
0.10 ac
Year Built
1922
MLS #
SB25202445
Days on Market
117
Listed
Sep 12, 2025
Description
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!
Location
Los Angeles, Los Angeles County, CA 90004
Open on Google Maps ↗Listed by: Lianne Gallardo · Keller Williams South Bay
Payment estimate
$6,031
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $82,500 · Loan: $742,500
- Principal & Interest
- $4,562
- Property tax (1.25%)
- $859
- Homeowners insurance
- $300
- Mortgage insurance
- $309
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $28,875 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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