Active
254 S Normandie AVE
LOS ANGELES CA, 90004
$2,675,000
$368.46 per sqft
Active
1 Bed
2 Baths
7,260 sqft
Multi-family
Built in 1957
The Le Roi Apartments is located in a solid infill Los Angeles location within the northern section of Koreatown. Featuring 5 studio and 7 one-bedroom apartments, approximately 6 of which have been renovated, the property offers an opportunity to capture as much as a 40% increase in the Net Operating Income which equates to a 7.33% capitalization rate at market rents. Parking consists of 3 garages, 4 tuck-under spaces, and 4 carport spaces, totaling 11 parking spaces. Master metered for utilities; ownership has instituted a RUBS program to stabilize expenses.
OC24214288MR
MLSⓇ ID
October 14, 2024
Listed
December 20, 2024
Updated
Map
254 S Normandie AVE
LOS ANGELES CA, 90004
Interior Features
Total Stories
2
Bedrooms
1
Total Bathrooms
2
Laundry Description
Laundry Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.17 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Mid-Wilshire
Days on Market
65
Garage
Yes
Garage Spaces
3
Parking
None
Parking Total
11
View
No
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LAR4
Listed by Mike Marcu with Mike Marcu, Broker
Listing Contact: 949 688 1224
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Jordan Pollack shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 12/20/2024
