$ 2,675,000
254 S Normandie AVE Los Angeles, CA 90004
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,675,000
Est. payment /mo
Active
254 S Normandie AVE Los Angeles, CA 90004
7,501 Sqft Lot
UPDATED:
10/16/2024 06:18 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24214288
HOA Y/N No
Year Built 1957
Lot Size 7,501 Sqft
Property Description
The Le Roi Apartments is located in a solid infill Los Angeles location within the northern section of Koreatown. Featuring 5 studio and 7 one-bedroom apartments, approximately 6 of which have been renovated, the property offers an opportunity to capture as much as 40% increase in the Net Operating Income of the property. Parking consists of 3 garages, 4 tuck under and 4 carport spaces, totaling 11 parking spaces. And while master metered for utilities ownership has instituted a RUBS program to stabilize the cost.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LAR4
Interior
Fireplace No
Laundry Common Area
Exterior
Garage None
Garage Spaces 3.0
Carport Spaces 8
Garage Description 3.0
Pool None
Community Features Sidewalks, Urban
Total Parking Spaces 11
Private Pool No
Building
Lot Description 21-25 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5518007022
Energy Description 3338.0
Acceptable Financing Cash, Cash to Existing Loan
Listing Terms Cash, Cash to Existing Loan
Special Listing Condition Standard
Listed by Mike Marcu • Mike Marcu, Broker • 562-260-0940