4901 S Normandie Ave - Multi-Family FOR SALE


Los Angeles, CA 90037- South Central LA
$879,000 USD
424-226-9449
4901 S Normandie Ave, Los Angeles, CA for Sale
$879,000 USD
Multi-Family - FOR SALE
1/7
null | 4.63% Cap Rate

4901 S Normandie Ave
Los Angeles, CA 90037
South Central LA


HIGHLIGHTS

  • Perfect for Owner-User
  • 1995 Construction
  • No Los Angeles City Rent Control

OVERVIEW

Lyon Stahl Investment Real Estate is pleased to present 4901 S Normandie Avenue in the City of Los Angeles. The property is near the 110 and I-10 Highways offering tenants easy access to Downtown Los Angeles and the Westside. This 2,380 SF duplex was built in 1995 and is exempt for Los Angeles City Rent Control. The property sits 6,440 SF corner lot and is composed of two, 3-bedroom/2-bathroom units. The owner recently tastefully remodeled the property. The upgrades made include remodeling the kitchens and bathrooms, new fencing, new storage, new water heaters for both units, new painting on the interior and exterior, new flooring and new window bars with bedroom releases. 4901 S Normandie Avenue offers an astute investor or owner-user the opportunity to own a turnkey asset in one of Los Angeles’s strongest rental markets. Without the restrictions of Los Angeles City Rent Control, 4901 S Normandie Avenue presents an amazing investment that will offer strong long-term cashflow in an appreciating market of Los Angeles.

FOR SALE DETAILS

PRICE

$879,000 USD

PRICE/SF

$369 USD /SF

# OF UNITS

2

PRICE/UNIT

$439,500

CAP RATE

4.63%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,440 SF

ZONING

LAC2

APN/PARCEL ID

5016-030-031

ASK ABOUT THIS PROPERTY

Nico RosmarinLyon Stahl Investment Real EstateMore Info
424-226-9449

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Nico RosmarinLyon Stahl Investment Real EstateMore Info
424-226-9449

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