$ 2,200,000
-
$2,200,000
Price -
7
Bed -
12
Bath -
7,552
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing X80570 - C112789
JNM Realty exclusively presents 254 S. Normandie Avenue, a well-maintained 12-unit apartment community featuring an attractive unit mix of five (5) studio units and seven (7) one-bedroom, one-bathroom units. There are fifteen (15) onsite parking spaces including three (3) attached garages, eight (8) tandem spaces, and four (4) detached covered spaces. Soft-story retrofit was completed in 2024. The property offers approximately 33% upside to current rents and more than 115% upside potential among the non-renovated units. The six (6) renovated units feature upgraded electrical including subpanels, copper plumbing, and a full high end renovation of the entire unit. Property upgrades include an upgraded electrical master panel and a new multi-layer elastomeric roof coating. The property has been meticulously maintained throughout the current ownership's tenure of more than 10 years. A detached parking area may also provide additional development potential through constructing accessory dwelling units. Located near the high-traffic intersection of Normandie Avenue and 3rd Street, the property is within walking distance of neighborhood retail, dining, and multiple Metro bus lines. 254 S. Normandie Avenue presents an exceptional opportunity to acquire a well-located multifamily asset with strong in-place fundamentals and meaningful long-term upside.
Listing Highlights
Interior Details
- Bedrooms: 7
- Bathrooms: 12 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 15
- Zoning: LAR4
- Roof:
- Others:
- Sewer:
- Parking Features: Driveway Gate,Garage Is Detached,Tandem,Covered Parking
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
254 S Normandie Ave Los Angeles, CA 90004
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
