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Additional details
$ 1,945,000
Est. payment /mo
Active
132 N Normandie Los Angeles, CA 90004
5 Beds
4 Baths
5,751 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26094522
Bedrooms 5
Lot Size 5,751 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Nestled in the heart of prime Koreatown, this 8-unit property offers an attractive investment opportunity with a versatile unit mix comprised of 1 studio unit, 6 one-bedroom units, and 1 two-bedroom unit, appealing to a wide range of tenants. Spanning approximately 6,080 square feet on a 5,749-square-foot lot, the property also features 7 to 8 tandem parking spaces. Currently generating a gross annual rent of approximately $145,224, the asset presents strong upside potential in rents. With a permit already pulled for the soft-story retrofit, a new roof underway, and several units recently updated, this property combines current income with clear value-add opportunities. Ideally located in a vibrant, walkable neighborhood near shops, dining, and public transit, this is a prime opportunity to invest in one of Los Angeles most dynamic and in-demand rental markets.
Location
State CA
County Los Angeles
Zoning Assessor
Direction East on Beverly Blvd, South on Normandie Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5518005029
Listed by Ashkan Etemad-Sadati, DRE#01994702 Re/Max Luxe
NEARBY SCHOOL & BUSINESS
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