632 Normandie Ave - Apartments FOR SALE
Los Angeles, CA 90004 |
632 Normandie Ave
Los Angeles, CA 90004
HIGHLIGHTS
- Fully-leased at an exceptional 6.24% cap rate!
- Boasts built-in annual rent increases, management already in place, and a multi-year rental contract.
- Generates $290,784 in gross annual income.
- Prime East Hollywood location walking distance to Melrose and minutes from the heart of Hollywood Four modern 4-bed, 4.5-bath townhome units.
- Rented by the room under a housing program for stable, subsidized income.
- On-site manager ensures seamless operations, with management easily transferable to the buyer.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
2024 Hollywood Fourplex | 6.24% REAL CAP
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
7274
STORIES
3
YEAR BUILT
2024
PARKING SPACES
8
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5520-003-045
