259 S Normandie Ave | Los Angeles, CA 90004
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- LoopNet Team
259 S Normandie Ave
Los Angeles, CA 90004
12 Units Value-Add in Koreatown · Multifamily Property For Sale · 12 Units
Investment Highlights
- Residents are Within Close Proximity to Popular Local Amenities Such as The LINE Hotel, Chapman Plaza, City Center on 6th and More
- The Government Required Seismic Retrofit Work has Already Been Completed by Current Ownership
- Approximately 69% Rental Upside Through Interior and Exterior Renovations
- 259 South Normandie Offers a Low Entry Point to Acquire a Well Located Koreatown Building
PROPERTY FACTS
| No. Units | 12 | Building Size | 7,638 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Lot Size | 0.18 AC |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,638 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.83/1,000 SF |
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 533 |
| 1+1 | 6 | - | 708 |
| 2+2 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 5518-001-012 | Improvements Assessment | $501,981 |
| Land Assessment | $1,617,500 | Total Assessment | $2,119,481 |
PROPERTY TAXES
Parcel Number
5518-001-012
Land Assessment
$1,617,500
Improvements Assessment
$501,981
Total Assessment
$2,119,481
zoning
| Zoning Code | LAR3 |
| LAR3 |
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