7835 S Normandie Ave | Los Angeles, CA 90044
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- LoopNet Team
7835 S Normandie Ave
Los Angeles, CA 90044
Multifamily Property For Sale · 5 Units
Investment Highlights
- Great High Vacancy Property in Los Angeles, CA 90044
- Ideal Unit mix for today's renters (4) 1-Bed/1-Bath Units with RTI plans for (1) 3-Bed/2-Bath ADU
- Cap Rate of 7.80% after adding ADUs with Costs of Construction included
- RTI Plans for an additional (1) 3-Bed/2-Bath ADU
- Day 1 Cap Rate of 5.65% prior to building ADUs
- Growing submarket of LA, just minutes from Inglewood's new SoFi Stadium and the new Clippers Arena.
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 2,051 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Single Family Home | Year Built | 1952 |
| Building Class | C |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single Family Home |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,051 SF |
| No. Stories | 2 |
| Year Built | 1952 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,388 | - |
| 3+2 | 1 | $2,995 | - |
PROPERTY TAXES
| Parcel Number | 6018-025-023 | Improvements Assessment | $357,000 |
| Land Assessment | $535,500 | Total Assessment | $892,500 |
PROPERTY TAXES
Parcel Number
6018-025-023
Land Assessment
$535,500
Improvements Assessment
$357,000
Total Assessment
$892,500
zoning
| Zoning Code | LAR3 (Limited Density Multiple Residence) |
| LAR3 (Limited Density Multiple Residence) |
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