Log In/Sign Up
4140-4148 Normal Ave
Los Angeles, CA 90029
Multifamily Property For Sale
·
12 Units
Investment Highlights
- The Neema Group of Marcus & Millichap is pleased to present 4140 Normal Avenue, a rare 12-unit bungalow-style investment opportunity.
- The majority of the units have been extensively renovated.
- Recent cap ex upgrades to the systems and common areas, including garage foundation upgrades, sewer line replacement, and new gate motor.
- The property sits on an expansive 15,501-square-foot lot and features eight spacious 1+1 bungalow units along with a two-story structure with four 1+1
- With effective renovations and proven rents, the property provides strong existing cash flow at a 5.65% CAP rate and 11.09 GRM on current income.
- The property features six parking spaces, two in the front and four private garages at the rear, generating $650 per month in additional income.
Property Facts
| No. Units | 12 | Building Size | 7,148 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1923 |
| Building Class | C | Parking Ratio | 0.83/1,000 SF |
| Lot Size | 0.36 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 7,148 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1923 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
- Yard
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 575 |
Property Taxes
| Parcel Number | 5539-013-032 | Improvements Assessment | $1,618,342 |
| Land Assessment | $2,440,778 | Total Assessment | $4,059,120 |
Property Taxes
Parcel Number
5539-013-032
Land Assessment
$2,440,778
Improvements Assessment
$1,618,342
Total Assessment
$4,059,120
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
