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7233 S Normandie Ave
Los Angeles, CA 90044

Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 0.18 AC
Building Size 1,887 SF
Average Occupancy 75%
No. Stories 1
Year Built 1950
Parking Ratio 2.12/1,000 SF

About 7233 S Normandie Ave , Los Angeles, CA 90044

EXCELLENT INVESTMENT OPPORTUNITY with development potential on huge R3 lot! This terrific well maintained 4-plex with nice curb appeal consists of 4 charming 1 bedroom units and detached 4 private 1-car garages. It provides tremendous 35% upside potential in rents and very low maintenance. One of the units will be delivered vacant at close of escrow. The property has been well maintained and it has new landscaping. Each unit has it's own washer/dryer hook ups. The units are separately metered for gas and electricity. There are additional open parking spaces in the back of the building. It is located in fast growing neighborhood of South West Los Angeles near Downtown LA Live Hub, USC, public transportation, new metro lines, schools, libraries, hospitals, shopping centers, entertainment and easy access to all major freeways. Drive by only, offers subject to interior inspection. Please DO NOT disturb tenants and DO NOT walk on the property.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6018-008-019
Land Assessment
$673,200
Improvements Assessment
$51,000
Total Assessment
$724,200

zoning

Zoning Code R3
R3
  • Listing ID: 17332248

  • Date on Market: 9/30/2019

  • Last Updated:

  • Address: 7233 S Normandie Ave, Los Angeles, CA 90044

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