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142 S Normandie Ave
Los Angeles, CA 90004

Multifamily Property For Sale · 7 Units

Investment Highlights

  • Great Mid-Wilshire/Koreatown Location
  • Located in an Opportunity Zone
  • Well-Maintained, Gated Property Features Fresh Paint, & Fenced-In, Grassy Front Yard
  • Built in 1985- Not Subject to LA Rent Control (Subject to AB1482) Only Subject to Statewide Rent Control Allows for 5%+ Inflation Increases Annually
  • Strong Rental Upside Potential
  • Each Unit Comes with Covered Parking On-Site

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.13 AC
Building Size 5,510 SF
Average Occupancy 100%
No. Stories 2
Year Built 1985
Parking Ratio 1.27/1,000 SF

Unit Amenities

  • Balcony

Site Amenities

  • Security System
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $913.00 -
1+1 5 $1,301 -
3+2 1 $1,912 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5518-006-025
Land Assessment
$1,273,449
Improvements Assessment
$530,604
Total Assessment
$1,804,053

zoning

Zoning Code R4, Los Angeles
R4, Los Angeles
  • Listing ID: 21702997

  • Date on Market: 12/9/2020

  • Last Updated:

  • Address: 142 S Normandie Ave, Los Angeles, CA 90004

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