422 Normandie Place
Los Angeles, CA, 90004
$750,000
Original list price: $850,000
MLS: SB25202445
Beds
5
Baths
3
Sq Ft
1,538
Lot
0.10 ac
Year Built
1922
MLS #
SB25202445
Days on Market
364
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 Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,745
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $75,000 · Loan: $675,000
Average 30-yr fixed rate 6.76% as of Sep 10, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,383
- Property tax (1.25%)
- $781
- Homeowners insurance
- $300
- Mortgage insurance
- $281
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 Sep 10, 2026
- 30-year fixed
- 6.76%
- 15-year fixed
- 6.09%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $26,250 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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Local Market Stats
See Los Angeles, CA 90004 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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