132 N Normandie, Los Angeles, CA 90004
132 N Normandie, Los Angeles, CA 90004
132 N Normandie, Los Angeles, CA 90004
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,945,000
Est. payment /mo
5,749 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26094522

HOA Y/N No

Year Built 1958

Lot Size 5,749 Sqft

Property Sub-Type Apartment

Property Description

Nestled in the heart of prime Koreatown, this 8-unit property offers an attractive investment opportunity with a versatile unit mix comprised of 1 studio unit, 6 one-bedroom units, and 1 two-bedroom unit, appealing to a wide range of tenants. Spanning approximately 6,080 square feet on a 5,749-square-foot lot, the property also features 7 to 8 tandem parking spaces. Currently generating a gross annual rent of approximately $145,224, the asset presents strong upside potential in rents. With a permit already pulled for the soft-story retrofit, a new roof underway, and several units recently updated, this property combines current income with clear value-add opportunities. Ideally located in a vibrant, walkable neighborhood near shops, dining, and public transit, this is a prime opportunity to invest in one of Los Angeles' most dynamic and in-demand rental markets.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks

Private Pool No

Building

Lot Description No Landscaping

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5518005029

Energy Description 3240.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Ashkan Etemad-Sadati Re/Max Luxe 818-917-8459, DRE #01994702

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