541 S Normandie Ave, Los Angeles, CA, 90020
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Property Details
8
12
Multi-Family
Description
Property Details: • Type: Multi-Family • Bedrooms: 8 • Bathrooms: 12 • Square Feet: 7481 • Lot/Size: 7,509 sqft lot
Description: Excellent 12-unit investment opportunity located in the highly desirable Mid-Wilshire/Koreatown area of Los Angeles. 541 S Normandie Ave offers strong current income with significant rental upside potential. The property consists of a unit mix of eight 1-bedroom/1-bath units and four studio units situated on a 7,509 SF lot with LAR4 zoning. Seismic retrofit has already been completed, adding substantial value and reducing future capital expenditure concerns. Property also includes plans for additional ADU units, creating a rare opportunity for increased density and future income growth. Seller may offer favorable seller financing terms with as little as 25% down, featuring a 10-year interes
Location
Address
541 S Normandie Ave, Los Angeles, CA, 90020
City
Los Angeles
Features and Finishes
Year Built: 1955; [object Object]; [object Object]; [object Object]
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