This Multifamily Property is no longer advertised on LoopNet.com.

745 S Normandie Ave
Los Angeles, CA 90005
Prime Koreatown | 6.35% Cap & 8.9 GRM · Multifamily Property For Sale · 48 Units

Investment Highlights

  • Stunning Art Deco Architecture
  • Substantial Remaining Rental Upside
  • 6.35% Cap Rate & 8.9 GRM on Current Income
  • Prime Koreatown Location & $196 Per Sq. Ft.

Property Facts

No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.17 AC
Building Size 37,440 SF
No. Stories 6
Year Built 1930
Zoning LAR5 - 0550 - 5 Or More Apts or Units

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Hardwood Floors
  • Oven
  • Range

Site Amenities

  • Laundry Facilities
  • Property Manager on Site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 31 $1,270 400 - 500
1+1 17 $1,439 800

Property Taxes

Property Taxes

Parcel Number
5094-004-003
Land Assessment
$6,481,074
Improvements Assessment
$2,778,007
Total Assessment
$9,259,081
  • Listing ID: 32288610

  • Date on Market: 6/28/2024

  • Last Updated:

  • Address: 745 S Normandie Ave, Los Angeles, CA 90005

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