2622 S NORMANDIE Avenue, Los Angeles, CA 90007

About this property

3 out of the 4 Units delivered VACANT!!!! A Great Investment Opportunity 4plex available for sale within the USC Patrol Zone (24/7 365 days) located in the USC student housing area and close proximity to other great neighborhoods for Los Angeles living. Easy access to the fun and lively Koreatown, DTLA, Silverlake, and the new stadium in Inglewood. The subject property is by major roads and the amenities of being so close to the great spots LA has to offer. These units total an amazing space of 4,644 sq. ft. and a Huge lot size of 7,937 providing more than plenty of parking space for residents and guests. Property has gone through mild renovations and has been well-maintained. Perfect for 1031 Exchange or Investment! When do small multifamily properties come delivered mostly vacant at the close of escrow? Gross potential rents are reflective of standard per bedroom rates leveraging the USC student housing income. This will NOT last. Do not miss this opportunity!!

Listing description from the September 2019 sale, as reported to CRMLS.

Sale history

$1,175,000

Sold September 2019 · listed $1,200,000, orig. $1,155,000, on market June 2019 · MLS #19475604 · Source: CRMLS

Listing Agent: John C. Pak · Listing Office: Philco Realty · Contact: 310-880-3013 · Bought with: Carmela Jacobs · Carmela G. Jacobs, Broker

$635,000

Sold February 2016 · listed $650,000, orig. $700,000, on market October 2015 · MLS #15946919 · Source: CRMLS

Listing Agent: Andrew Cha · Listing Office: Andrew Cha · Contact: 213-305-5636 · Bought with: Lynn Choi Kim · Bee Investment, Inc.

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