612 N Normandie Ave
Los Angeles, CA 90004
RTI 12 Unit Res. Project in East Hollywood · Land For Sale
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0.17 AC
Investment Highlights
- 12 Unit Ready-to-Issue Project
- Very Walkable per Walk Score
- Less Than a Mile to Vermont / Beverly Metro Subway Station
- Opportunity Zone
- 8,394 SF of Rentable / Living Area
- 1 Bed + Loft + 1.5 Baths + Terrace
Property Facts
Description
Partners CRE | Compass Commercial are proud to exclusively present for sale a Ready-to-Issue 12 Unit Non-Rent Controlled Construction Project in East Hollywood. Conveniently located off the 101 Freeway and less than one mile away from the Vermont / Beverly Metro Subway Station, this beautifully designed construction project will put your future tenants in the middle of it all, surrounded by Koreatown, Silver Lake, Hollywood and Downtown. Consisting of twelve 1 Bedroom & 1.5 Bathroom townhouse-style units, each with their own Loft and Terrace well-suited to the work-from-home lifestyle. Each home will have a spacious kitchen open to a generous living room/dining room, a walk in closet and a washer/dryer nook. The building will have 9 parking spaces but will be able to count on the Subway Station and a Very Walkable rating from Walk Score. The property is located in an Opportunity Zone and the building will have one Extremely Low Income restricted unit. The building will have a rentable / living area of around 8,400 SF over a semi-subterranean garage podium.
Property Taxes
| Parcel Number | 5520-003-020 | Improvements Assessment | $1,106,300 |
| Land Assessment | $1,179,426 | Total Assessment | $2,285,726 |
Property Taxes
