CA > Los Angeles
Los Angeles, CA 90004,254 S Normandie AVE
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Los Angeles, CA 90004,254 S Normandie AVE
Los Angeles, CA 90004,254 S Normandie AVE
Los Angeles, CA 90004,254 S Normandie AVE
Los Angeles, CA 90004,254 S Normandie AVE
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Julian Park

Julian Park

+1(818) 390-3265
$ 2,675,000
Est. payment /mo
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Active

254 S Normandie AVE Los Angeles, CA 90004

7,501 Sqft Lot

UPDATED:

12/20/2024 05:57 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 a 40% increase in the Net Operating Income which equates to a 7.33% capitalization rate at market rents. Parking consists of 3 garages, 4 tuck-under spaces, and 4 carport spaces, totaling 11 parking spaces. Master metered for utilities; ownership has instituted a RUBS program to stabilize expenses.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LAR4

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features 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

California Regional MLS (CRMLS)
Listed by Mike Marcu • Mike Marcu, Broker • 562-260-0940

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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254 S Normandie AVE