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713 N Normandie Ave
Los Angeles, CA 90029
Multifamily Property For Sale
·
8 Units
Executive Summary
8-unit apartment building located near Koreatown and Hollywood.
Attractive unit mix consisting of:
Four 1-bedroom/1-bathroom units
Three 2-bedroom/1-bathroom units
One 3-bedroom/2-bathroom unit
LARD1.5 zoning with Tier 2 TOC designation, offering possible long-term development or value-add potential, subject to city approval and buyer verification.
Centrally located with convenient access to public transportation, employment centers, shopping, dining, and entertainment throughout Central Los Angeles.
Excellent opportunity for an investor seeking a well-located multifamily asset with multiple unit types and long-term appreciation potential.
Attractive unit mix consisting of:
Four 1-bedroom/1-bathroom units
Three 2-bedroom/1-bathroom units
One 3-bedroom/2-bathroom unit
LARD1.5 zoning with Tier 2 TOC designation, offering possible long-term development or value-add potential, subject to city approval and buyer verification.
Centrally located with convenient access to public transportation, employment centers, shopping, dining, and entertainment throughout Central Los Angeles.
Excellent opportunity for an investor seeking a well-located multifamily asset with multiple unit types and long-term appreciation potential.
Property Facts
| Price Per Unit | $212,500 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Gross Rent Multiplier | 6.87 | Lot Size | 0.20 AC |
| No. Units | 8 | Building Size | 5,812 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1961 |
| Zoning | LARD 1.5 - Tier 2 TOC | ||
| Price Per Unit | $212,500 |
| Sale Type | Investment |
| Gross Rent Multiplier | 6.87 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 5,812 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Zoning | LARD 1.5 - Tier 2 TOC |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
Property Taxes
| Parcel Number | 5520-001-003 | Improvements Assessment | $295,406 |
| Land Assessment | $451,453 | Total Assessment | $746,859 |
Property Taxes
Parcel Number
5520-001-003
Land Assessment
$451,453
Improvements Assessment
$295,406
Total Assessment
$746,859
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