Log In/Sign Up
Your email has been sent.
1110 S Normandie Ave 8 Unit Apartment Building $2,092,800 CAD ($261,600 CAD/Unit) Los Angeles, CA 90006
INVESTMENT HIGHLIGHTS
- Central Koreatown location
- Future redevelopment potential (R4-1a Zoning)
EXECUTIVE SUMMARY
This Property presents an excellent investment opportunity in the dynamic Pico-Union neighborhood. Built in the 1920s, the structure offers approximately 6,460 sf of living space situated on a 5,906 sf lot, consists of eight units. Six of the units are one-bedroom/one bathroom, and two of the units are two-bedroom, one-bathroom apartments, which include on-site laundry facilities.
Current rents are below market value, and with strategic renovations, upgrades, and professional management, the new ownership can increase rental income and value.
Residents enjoy a convenient urban lifestyle due to the property’s proximity to Koreatown, an area renowned for its diverse dining, walkability, entertainment options, and access to public transit access, that blends historic charm with modern conveniences.
This investment opportunity is ideally positioned and located in an area experiencing ongoing new developments and presents a compelling investment for steady cash flow and long-term value appreciation.
Please contact Lauren Mara at 310.402.4180 with any questions or to discuss.
DO NOT DISTRUB TENENTS!
Current rents are below market value, and with strategic renovations, upgrades, and professional management, the new ownership can increase rental income and value.
Residents enjoy a convenient urban lifestyle due to the property’s proximity to Koreatown, an area renowned for its diverse dining, walkability, entertainment options, and access to public transit access, that blends historic charm with modern conveniences.
This investment opportunity is ideally positioned and located in an area experiencing ongoing new developments and presents a compelling investment for steady cash flow and long-term value appreciation.
Please contact Lauren Mara at 310.402.4180 with any questions or to discuss.
DO NOT DISTRUB TENENTS!
PROPERTY FACTS
| Price | $2,092,800 CAD | Lot Size | 0.14 AC |
| Price Per Unit | $261,600 CAD | Building Size | 6,480 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | LAR4 | ||
| Price | $2,092,800 CAD |
| Price Per Unit | $261,600 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,480 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1929 |
| Opportunity Zone |
Yes |
| Zoning | LAR4 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 5078-020-024 | Improvements Assessment | $357,407 CAD |
| Land Assessment | $309,887 CAD | Total Assessment | $667,295 CAD |
PROPERTY TAXES
Parcel Number
5078-020-024
Land Assessment
$309,887 CAD
Improvements Assessment
$357,407 CAD
Total Assessment
$667,295 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1110 S Normandie Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.