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Koreatown Triplex - Pico & Normandie 1225 S Normandie Ave 3 Unit Apartment Building $999,000 ($333,000/Unit) 7.70% Cap Rate Los Angeles, CA 90006



Investment Highlights
- CAN BE DELIVERD 100% VACANT
- SHOPS AND RESTAURANTS NEARBY
- CLOSE TO 10 FWY
Executive Summary
NOW WITH $100,000.00 PRICE DROP TO SELL FAST!!
DON'T MISS THIS OPPORTUNITY!!!
AMAZING OPPORTUNITY FOR INVESTORS AND/OR OWNER-USERS. CAN BE Delivered 100% vacant or 100% leased. IMPECCABLE CONDITION(please note photos). TURN-KEY PROPERTY. PRICED TO SELLER!! LESS THAN MARKET VALUE. Extra income possible with coin laundry. Accepting offers now.
DON'T MISS THIS OPPORTUNITY!!!
AMAZING OPPORTUNITY FOR INVESTORS AND/OR OWNER-USERS. CAN BE Delivered 100% vacant or 100% leased. IMPECCABLE CONDITION(please note photos). TURN-KEY PROPERTY. PRICED TO SELLER!! LESS THAN MARKET VALUE. Extra income possible with coin laundry. Accepting offers now.
Property Facts
| Price | $999,000 | Apartment Style | Low-Rise |
| Price Per Unit | $333,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 7.70% | Building Size | 2,239 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1895/2019 |
| Property Subtype | Apartment | ||
| Zoning | LAR4 | ||
| Price | $999,000 |
| Price Per Unit | $333,000 |
| Sale Type | Investment |
| Cap Rate | 7.70% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 2,239 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1895/2019 |
| Zoning | LAR4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 3+1 | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 5078-036-006 | Improvements Assessment | $259,995 |
| Land Assessment | $790,599 | Total Assessment | $1,050,594 |
Property Taxes
Parcel Number
5078-036-006
Land Assessment
$790,599
Improvements Assessment
$259,995
Total Assessment
$1,050,594
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Koreatown Triplex - Pico & Normandie | 1225 S Normandie Ave
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