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1736 N Normandie Ave
Los Angeles, CA 90027
Multifamily Property For Sale · 8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 5,430 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 1.47/1,000 SF |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,430 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.47/1,000 SF |
Site Amenities
- Laundry Facilities
About 1736 N Normandie Ave , Los Angeles, CA 90027
MAJOR PRICE REDUCTION!! Specialized Realty, Inc. is proud to present for sale 1736 N. Normandie Avenue, an incredible 8-unit investment opportunity in the heart of Hollywood that hasn’t been on the market in over 45 years. Coral Reef Apartments are situated in the highly desirable Los Feliz area, steps away from Hollywood Blvd and blocks away from the Hollywood/Western and Vermont/Sunset Metro Stations. The property represents a true value-add opportunity with current rents well below market value in an area that is truly up and coming with a projected Cap Rate of almost 6% . The two story property features covered parking, on site laundry, pool and a backyard patio & BBQ area. The 101 and 5 major freeways are easy to access and the property is surrounded by LA’s hottest neighborhoods. The booming area features a diverse demographic, with continued population growth and nearby developments.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 1+1 | 7 | - | - |
PROPERTY TAXES
| Parcel Number | 5589-037-009 | Improvements Assessment | $692,962 |
| Land Assessment | $1,286,641 | Total Assessment | $1,979,603 |
PROPERTY TAXES
zoning
| Zoning Code | LAR3 |
| LAR3 |
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