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1165 N Normandie Ave
Los Angeles, CA 90029
Multifamily Property For Sale
·
30 Units
Investment Highlights
- High demand Los Angeles (Hollywood) location just north of Santa Monica Boulevard
- Blocks from the massive 610,000 SF Echelon Studios, now under construction
- First time on the market for sale since 1990
- Under 10 GRM & 6% Cap+ on currents
- Huge upside in rents upon turnover
- High-demand, affordable, workforce housing
Property Facts
| No. Units | 30 | Lot Size | 0.35 AC |
| Property Type | Multifamily | Building Size | 16,542 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 2.18/1,000 SF |
| Zoning | LARD1.5 - restricted Density Multiple Dwelling | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 16,542 SF |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 2.18/1,000 SF |
| Zoning | LARD1.5 - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 13 | - | 500 |
| 1+1 | 15 | - | 700 |
| 2+2 | 2 | - | - |
Property Taxes
| Parcel Number | 5537-017-025 | Improvements Assessment | $2,511,346 |
| Land Assessment | $524,333 | Total Assessment | $3,035,679 |
Property Taxes
Parcel Number
5537-017-025
Land Assessment
$524,333
Improvements Assessment
$2,511,346
Total Assessment
$3,035,679
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