1815 Normandie Ave
Los Angeles, CA 90027
The Saxon Parc Apartments · Multifamily Property For Sale · 15 Units
PROPERTY FACTS
No. Units | 15 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.26 AC |
Building Size | 11,430 SF |
Average Occupancy | 93% |
No. Stories | 2 |
Year Built | 1959 |
Parking Ratio | 1.31/1,000 SF |
About 1815 Normandie Ave , Los Angeles, CA 90027
Sean Nami, the exclusive listing agent, has been selected to market for sale the Saxon Parc Apartments at 1815 North Normandie Avenue, a fifteen (15) unit building in the highly sought-after Los Feliz Submarket. Positioned north of Hollywood Boulevard and just south of Franklin Avenue, the incredibly coveted location caters to a diverse mix of established young creatives, professionals from the entertainment industry, and families alike, in a very densely populated neighborhood. Built in 1959, the property consists of twelve (12) large one-bedroom/one-bathroom units, two (2) two-bedroom/one-and-half-bathroom units, and a studio unit. Saxon Parc Apartments also consists of a community pool, fifteen (15) on-site covered parking spots, and laundry facilities. The 11,430 square foot building has had recent upgrades with updated copper plumbing and an updated roof, but still represents a true value-add opportunity for the new ownership, with significant upside in rents. Saxon Parc Apartment allows an investor to acquire a property in a highly desirable and charming Los Feliz submarket, with an incredible amount of new trendy retail shops and vibrant restaurants within walking distance, all while providing an opportunity to add immense value to the asset as well.
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 1 | $1,600 | - |
1+1 | 12 | $2,100 | - |
2+2 | 2 | $2,700 | - |
PROPERTY TAXES
Parcel Number | 5544-012-008 | Improvements Assessment | $1,310,591 |
Land Assessment | $2,546,899 | Total Assessment | $3,857,490 |
zoning
Zoning Code | R3, Los Angeles (Limited Density Multiple Residence) |
Learn More About Investing in Apartment Buildings
Listing ID: 15800878
Date on Market: 4/22/2019
Last Updated:
Address: 1815 Normandie Ave, Los Angeles, CA 90027
The East Hollywood/Silver Lake Multifamily Property at 1815 Normandie Ave, Los Angeles, CA 90027 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS
- Koreatown Apartment Buildings
- Northeast Los Angeles Apartment Buildings
- East Hollywood Apartment Buildings
- Mid-Wilshire Apartment Buildings
- Westlake Apartment Buildings
- Greater Culver City Apartment Buildings
- Downtown Los Angeles Apartment Buildings
- West Adams Apartment Buildings
- South Central LA Apartment Buildings
- Harvard Heights Apartment Buildings
- Mid-City Apartment Buildings
- Arlington Heights Apartment Buildings
- Hollywood Hills Apartment Buildings
- Valley Glen Apartment Buildings
- Vermont Harbor Apartment Buildings
Nearby Listings
- 4071 Melrose Ave, Los Angeles CA
- 833 S Mariposa Ave, Los Angeles CA
- 429 S Union Ave, Los Angeles CA
- 2384 Loma Vista Pl, Los Angeles CA
- 1442 E Maple St, Glendale CA
- 1926 Vista Del Mar St, Los Angeles CA
- 851 Serrano Pl, Los Angeles CA
- 543 N Heliotrope Dr, Los Angeles CA
- 1143 Irolo St, Los Angeles CA
- 801 N Alexandria Ave, Los Angeles CA
- 6454 Lexington Ave, Los Angeles CA
- 650 S La Jolla Ave, Los Angeles CA
- 1156 N Cahuenga Blvd, Los Angeles CA
- 3330 Chapman St, Los Angeles CA