1121 N Normandie Ave - Apartments FOR SALE


Los Angeles, CA 90029- Little Armenia
$1,200,000 USD
707-332-5204
1121 N Normandie Ave, Los Angeles, CA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/2
null | 6.63% Cap Rate

1121 N Normandie Ave
Los Angeles, CA 90029
Little Armenia


HIGHLIGHTS

  • Seven units in prime East Hollywood location.
  • Strong value-add investment opportunity for buyers seeking long-term growth.
  • Located within an Opportunity Zone, providing potential tax advantages for investors.
  • One unit delivered vacant at close of escrow.
  • Ideally situated near schools, shopping centers, LA City College, and the Metro Red Line.
  • Tenants enjoy easy access to popular neighborhoods including Silver Lake, Hollywood, Los Feliz, and Downtown Los Angeles.

OVERVIEW

We proudly present 1121 N Normandie Ave, a seven-unit property with strong value-add potential located in prime East Hollywood. Situated within an Opportunity Zone, it provides potential tax advantages for investors. One unit will be delivered vacant at the close of escrow, offering immediate upside in rents. Ideally positioned near schools, shopping centers, LA City College, and the Metro Red Line, the property offers tenants convenient access to popular neighborhoods such as Silver Lake, Hollywood, Los Feliz, and Downtown Los Angeles.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$317 USD /SF

# OF UNITS

7

PRICE/UNIT

$171,429

CAP RATE

6.63%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,005 SF

ZONING

LAR1.5

APN/PARCEL ID

5537-017-019

ASK ABOUT THIS PROPERTY

Tyler FarrarKW Commercial Beverly HillsMore Info
707-332-5204

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Tyler FarrarKW Commercial Beverly HillsMore Info
707-332-5204

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.