Get the App

732 S Normandie Avenue, Los Angeles, CA 90005

Property

732 S Normandie Avenue, Los Angeles, CA 90005 Sold November 2023 CRMLS
$4,100,000Sold November 2023

Listing Agent: Michael Dixon (DRE #01004121) · Listing Office: NAI Capital, Inc. · Contact: 818-905-2400 · Bought with: Michael Dixon · NAI Capital, Inc. · MLS #23301953 · Source: CRMLS

9
Bedrooms
38
Bathrooms
22,556
Sq Ft
7,518 sqft
Lot Size
1927
Year Built
Property
Type
None
Cooling
WallFurnace
Heating

About this property

Prime location and high cash flow, the Kent Apartments enjoy an enviable location that puts the best of the Koreatown district at your fingertips. The building has 38 units. the steady stream of rental income is just the beginning, as the Kent Apartments also offer substantial upside in rents. This is a great investment for those investors seeking to enhance their portfolio's value while enjoying stable returns. The Kent Apartments stand as an iconic cornerstone in Koreatown's thriving landscape. With its prime location, historical significance, and future potential, this property encapsulates the essence of what makes this district a sought-after haven for investors. A blend of history, modernity, and financial promise converge at the Kent Apartments, inviting investors to partake in a truly unique and rewarding opportunity. Kent Apartments are 38 units operating as 37 on-site manager occupies 2 units. Seller motivated, major price reduction.

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

Sale history

$4,100,000
Sold November 2023 · listed $5,100,000, orig. $6,100,000, on market August 2023 · MLS #23301953 · Source: CRMLS
Listing Agent: Michael Dixon · Listing Office: NAI Capital, Inc. · Contact: 818-905-2400 · Bought with: Michael Dixon · NAI Capital, Inc.
See homes for sale in Los Angeles Open the Nalren App

Explore Los Angeles