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132 N Normandie Ave

Los Angeles CA 90004

5
4
5751 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

5 bedrooms
4 bathrooms
5751 sq. ft. lot size
Multi-Family

Property history for 132 N Normandie Ave

2001
Sold
Undisclosed
07 Jun 2001

Happy sellers in Los Angeles

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Local market activity for 5 bedroom multi families in Los Angeles

In the last 12 months, 1 five-bedroom multi family similar to 132 N Normandie Ave, have been sold.

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