8915 S Normandie Ave - Multi-Family FOR SALE


Los Angeles, CA 90044- South Central LA
$665,000 USD
310-467-6741
8915 S Normandie Ave, Los Angeles, CA for Sale
$665,000 USD
Multi-Family - FOR SALE
1/3
null | Request Cap Rate

8915 S Normandie Ave
Los Angeles, CA 90044
South Central LA


OVERVIEW

CASH-FLOW! 100% occupied. We are pleased to offer for sale this two (2) unit investment opportunity. The subject property was constructed on an oversized lot of approximately +/-4,500 square feet with frontage directly off Normandie Ave. Consisting of approximately 1,620 square feet of living space with a unit mix of (2) - 1/bed +1/bath. Ample on-site parking with a new perimeter fence allows tenants both secure access and out door recreation area. New water heaters and separately metered for gas & electric supports straightforward operations making this a great opportunity to enter the investor market or add to a growing portfolio. Located in a high-demand rental area, this property offers both stability and upside in a rapidly appreciating neighborhood. With the increasing demand for additional living space in Los Angeles, there is potential for an ADU conversion with its multi-car garage. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on their own findings.

FOR SALE DETAILS

PRICE

$665,000 USD

PRICE/SF

$410 USD /SF

# OF UNITS

2

PRICE/UNIT

$332,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8915-8917 S. Normandie Ave.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,500 SF

ZONING

LAC2

APN/PARCEL ID

6037-019-016

ASK ABOUT THIS PROPERTY

Matt MarracciniGateway Business PropertiesMore Info
310-467-6741

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Matt MarracciniGateway Business PropertiesMore Info
310-467-6741

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