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525 N Normandie Ave 6 Unit Apartment Building $4,495,000 ($749,167/Unit) Los Angeles, CA 90004
Investment Highlights
- 6-Unit 2022-Built Townhome Asset — Rare opportunity to acquire multifamily property with strong curb appeal, low-maintenance operations
- Private Balconies and Rooftop Decks with expansive city views, providing desirable outdoor space for relaxing and entertaining.
- Spacious 3+3 Townhome Residences featuring high ceilings, open concept living areas, luxury interior finishes, in-unit laundry, private 2 car garages
- Prime location - minutes from Larchmont Village, surrounded by some of the city’s best dining, shopping, and entertainment destinations
Executive Summary
Kidder Mathews is pleased to present the exclusive opportunity to acquire 525 N Normandie Avenue, a 2022-built, six-unit townhome-style multifamily property located in East Hollywood. The property is comprised entirely of spacious three-bedroom, three-bathroom residences totaling approximately 10,420 square feet. Each residence features a thoughtfully designed three-story floor plan, high ceilings, contemporary interiors, abundant natural light, in-unit laundry, private balconies, a rooftop deck with city views, and a secure two-car garage.
The property offers a compelling alternative to traditional apartment living, combining the privacy and functionality of a single-family residence with the convenience of an urban multifamily community. The large-format floor plans appeal to families, professionals, roommates, and tenants seeking modern living accommodations with generous interior space and private outdoor areas. Chef-inspired kitchens, stainless steel appliances, open-concept living areas, luxury finishes, and manicured landscaping further enhance the property’s strong rental appeal.
With its newer construction and limited near-term capital improvement requirements, 525 N Normandie Avenue provides investors with a turnkey, low-maintenance ownership opportunity in one of Los Angeles’ most supply-constrained housing markets. The property is ideally situated in East Hollywood, minutes from Larchmont Village, with convenient access to Koreatown, Hollywood, Downtown Los Angeles, and some of the city’s best dining, shopping, entertainment, and employment destinations. Its combination of modern construction, spacious unit layouts, premium amenities, and desirable location positions the asset for continued tenant demand and long-term appreciation.
The property offers a compelling alternative to traditional apartment living, combining the privacy and functionality of a single-family residence with the convenience of an urban multifamily community. The large-format floor plans appeal to families, professionals, roommates, and tenants seeking modern living accommodations with generous interior space and private outdoor areas. Chef-inspired kitchens, stainless steel appliances, open-concept living areas, luxury finishes, and manicured landscaping further enhance the property’s strong rental appeal.
With its newer construction and limited near-term capital improvement requirements, 525 N Normandie Avenue provides investors with a turnkey, low-maintenance ownership opportunity in one of Los Angeles’ most supply-constrained housing markets. The property is ideally situated in East Hollywood, minutes from Larchmont Village, with convenient access to Koreatown, Hollywood, Downtown Los Angeles, and some of the city’s best dining, shopping, entertainment, and employment destinations. Its combination of modern construction, spacious unit layouts, premium amenities, and desirable location positions the asset for continued tenant demand and long-term appreciation.
Property Facts
| Price | $4,495,000 | Building Class | B |
| Price Per Unit | $749,167 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 10,420 SF |
| No. Units | 6 | Average Occupancy | 84% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2022 |
| Apartment Style | Townhome | Parking Ratio | 1.15/1,000 SF |
| Zoning | LAR3 - Limited Density Multiple Residence | ||
| Price | $4,495,000 |
| Price Per Unit | $749,167 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 10,420 SF |
| Average Occupancy | 84% |
| No. Stories | 3 |
| Year Built | 2022 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | LAR3 - Limited Density Multiple Residence |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Kitchen
- Refrigerator
- Deck
- Double Pane Windows
- Freezer
- Island Kitchen
- Patio
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 6 | - | - |
1 1
Very walkable
80/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5520-012-009 | Improvements Assessment | $3,121,200 |
| Land Assessment | $2,184,840 | Total Assessment | $5,306,040 |
Property Taxes
Parcel Number
5520-012-009
Land Assessment
$2,184,840
Improvements Assessment
$3,121,200
Total Assessment
$5,306,040
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