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ResidentialIncome — 132 N Normandie, Los Angeles, CA

$1,945,000

132 N Normandie, Los Angeles, CA

$1,945,000 — 132 N Normandie, Los Angeles, CA — photo 1 $1,945,000 — 132 N Normandie, Los Angeles, CA — photo 2 $1,945,000 — 132 N Normandie, Los Angeles, CA — photo 3 $1,945,000 — 132 N Normandie, Los Angeles, CA — photo 4 $1,945,000 — 132 N Normandie, Los Angeles, CA — photo 5
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About this property

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.

Property details

Year built
1958
Property type
ResidentialIncome

Location

132 N Normandie • Los Angeles, CA 90004

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Listed by

Ashkan Etemad-Sadati · Re/Max Luxe

Listing courtesy of Re/Max Luxe. Information deemed reliable but not guaranteed.

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