1405 N Normandie Avenue, Los Angeles, CA 90027

About this property

An "1989-constructed", perfectly-located building, between Sunset and Fountain, in the dynamic East Hollywood submarket. Huge, townhome-style, 2-story units, grassy frontage, and lots of on-grade parking in the secured parking structure. Long-term, single family ownership - loooooow current rents. Compelling 6% cap upside, over time, for a savvy Buyer. An 'always-in-demand' rental market surrounded by employers of all types and in the shadow of Griffith Observatory, as well. The Studio unit may be a converted, non-conforming unit (BTV) .

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$2,350,000

Sold October 2023 · listed $2,799,000, on market June 2023 · MLS #23280703 · Source: CRMLS

Listing Agent: Brice Head · Listing Office: CBRE, Inc. · Contact: 310-363-4900 · Bought with: Brice Head · CBRE, Inc.

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