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1184 N Normandie Ave, Los Angeles, CA 90029 1184 N Normandie Ave 5 Unit Apartment Building For Sale Los Angeles, CA 90029
INVESTMENT HIGHLIGHTS
- High Cap Rate, Low Maintenance, Brand New Build
- 10 Parking Spaces Available
- 1 Unit is Currently Leased; Seller Can Work with Buyer to Lease Remaining Units During Escrow
- All Units are Separately Metered
- Paid-Off Solar Panels
- No Rent Control
EXECUTIVE SUMMARY
Introducing a newly built five-unit property offering modern design and exceptional features. Spanning 8,977 square feet on a 6,750 square foot lot, this property is situated in a no rent control area and includes paid-off solar panels for enhanced efficiency. Currently, one unit is leased, while four units are vacant, providing an excellent opportunity for customization or immediate leasing. Each unit is separately metered for water, gas, and electricity, ensuring streamlined management and tenant convenience. The projected rental income offers strong investment potential, with spacious layouts designed for comfort and functionality. This is an ideal property for investors seeking a prime, low-maintenance asset in adesirable location.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 3,895 SF |
| No. Units | 5 | Average Occupancy | 20% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2024 |
| Apartment Style | Low-Rise | Parking Ratio | 2.57/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 0.15 AC | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 3,895 SF |
| Average Occupancy | 20% |
| No. Stories | 3 |
| Year Built | 2024 |
| Parking Ratio | 2.57/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Microwave
- Heating
- Kitchen
- Oven
- Sprinkler System
- Views
SITE AMENITIES
- 24 Hour Access
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+4 | 2 | $4,200 | - |
| 4+5 | 3 | $4,700 | - |
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (72)
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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1184 N Normandie Ave, Los Angeles, CA 90029 | 1184 N Normandie Ave
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