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1405 N Normandie Ave
Los Angeles, CA 90027
The Villas at Normandie · Multifamily Property For Sale
·
8960 Units
Investment Highlights
- 1989 Construction - Only Subject to AB1482 - 5% + 3.8% CPI Annual Increases - Total of 8.8% Allowed
- Units Feature Central AC & Heat, Gas Fireplaces, Views of Observatory & Hollywood Sign, Many Units with Balconies
- 7 2+2.5 Townhouse Units Totaling 1,280 SF Each + Plans to Convert NC Studio to Studio ADU + Additional 1+1 ADU
- 16 Garage Parking Spaces, Units Separately Metered for Gas & Electric, Individual Water Heaters
Property Facts
| No. Units | 8960 | Building Size | 8,960 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1989 |
| Building Class | C | Parking Ratio | 1.79/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations | ||
| No. Units | 8960 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,960 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1989 |
| Parking Ratio | 1.79/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Fireplace
- Washer/Dryer
- Heating
Site Amenities
- 24 Hour Access
- Smoke Free
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $2,000 | 487 |
| 2+2.5 | 7 | $3,750 | 1,280 |
| 1+1 | 1 | $2,200 | 554 |
Property Taxes
| Parcel Number | 5544-037-032 | Improvements Assessment | $900,000 |
| Land Assessment | $1,850,000 | Total Assessment | $2,750,000 |
Property Taxes
Parcel Number
5544-037-032
Land Assessment
$1,850,000
Improvements Assessment
$900,000
Total Assessment
$2,750,000
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