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ZIP CODE 90004

$1,829,000
3 Beds 2 Baths 26915625 MLS
Featuring a rare double-sided Batchelder tile working fireplace, this curated 1925 single story Spanish blends timeless character with modern comfort, tucked along a quiet jacaranda tree-lined street in prime Larchmont Village. Privately gated and hedged, the three-bedroom home features two ensuite baths and in/outdoor living. A dramatic 34-ft. Great room, anchored by the fireplace, connects the living and dining areas. French doors open to al fresco dining and landscaped gardens, while a skylit nook and art gallery-style hallway provide space for your own creativity. The stone/steel eat-in kitchen combines warm wood accents with convenient great room access. Two bedrooms offer remodeled ensuite baths with tubs and feature classic subway tile, while the primary suite opens to a private serene backyard and access to the versatile cellar for all reasons (approx. 140 sq. ft. per seller). The third bedroom currently serves as a bright den/office space. The landscaped backyard is a quiet private oasis with poured concrete grass pavers and garden spaces, leading to a detached studio/cabana (approx. 400. sq. ft.) with a laundry and serving area ideal for entertaining or creative use. Additional features include refinished hardwood floors, plaster walls, central HVAC, double-paned windows, no street-facing bedrooms, skylit walk-in closet, newer cool roof, 3 car off-street parking and easy 101 access. Moments from Larchmont Village shops, cafes and the weekly Farmers Market; R2 lot offers future potential income options. Not in a fire zone.

516 N Bronson Ave, Los Angeles

Courtesy of Christie's International Real Estate SoCal, Matt Adamo - CA DRE#02086904

$1,829,000
3 Beds 2 Baths 26915625 MLS
Featuring a rare double-sided Batchelder tile working fireplace, this curated 1925 single story Spanish blends timeless character with modern comfort, tucked along a quiet jacaranda tree-lined street in prime Larchmont Village. Privately gated and hedged, the three-bedroom home features two ensuite baths and in/outdoor living. A dramatic 34-ft. Great room, anchored by the fireplace, connects the living and dining areas. French doors open to al fresco dining and landscaped gardens, while a skylit nook and art gallery-style hallway provide space for your own creativity. The stone/steel eat-in kitchen combines warm wood accents with convenient great room access. Two bedrooms offer remodeled ensuite baths with tubs and feature classic subway tile, while the primary suite opens to a private serene backyard and access to the versatile cellar for all reasons (approx. 140 sq. ft. per seller). The third bedroom currently serves as a bright den/office space. The landscaped backyard is a quiet private oasis with poured concrete grass pavers and garden spaces, leading to a detached studio/cabana (approx. 400. sq. ft.) with a laundry and serving area ideal for entertaining or creative use. Additional features include refinished hardwood floors, plaster walls, central HVAC, double-paned windows, no street-facing bedrooms, skylit walk-in closet, newer cool roof, 3 car off-street parking and easy 101 access. Moments from Larchmont Village shops, cafes and the weekly Farmers Market; R2 lot offers future potential income options. Not in a fire zone.

516 N Bronson Avenue, Los Angeles

Listing courtesy of Listing Agent: Matt Adamo (matt@ciresocal.com) from Listing Office: Christie's International Real Estate SoCal.

$949,900
DW26189406 MLS
**INVESTOR / FLIP OPPORTUNITY IN THE KOREATOWN CORRIDOR!** Opportunity knocks at **4115 Council Ave, Los Angeles** — a **4-bedroom, 2-bath** property offering strong upside for investors, flippers, contractors, and value-add buyers looking to capitalize on one of Central Los Angeles’ most active and centrally located residential markets. The property consists of **two units, with one unit currently vacant and the second unit occupied on a month-to-month tenancy**, offering added flexibility for an investor evaluating renovation, repositioning, or future occupancy strategies. The property presents an excellent canvas for renovation and modernization, with the potential to create a highly marketable finished product in a desirable Central Los Angeles location. Its four-bedroom, two-bath configuration provides multiple possibilities for an experienced investor seeking to maximize value through strategic improvements. Located within the greater **Koreatown corridor**, the property benefits from the energy, convenience, and continued demand associated with one of Los Angeles’ most dynamic urban neighborhoods. Commonly known as **“K-Town,”** Koreatown is recognized for its vibrant restaurant scene, nightlife, cafés, markets, shopping, entertainment venues, and dense mix of residential and commercial activity. Its central location provides convenient access to Downtown Los Angeles, Hollywood, Mid-Wilshire, major employment centers, transit, and some of the city’s most popular cultural and entertainment destinations. For a seasoned flipper, the opportunity is clear: modernize the interiors, update kitchens and baths, enhance curb appeal, improve functionality, and reposition the property for today’s buyer or investor market. **Bring your contractor, designer, and vision.** With one unit vacant and the second on a month-to-month tenancy, this property offers both immediate access and added flexibility for a buyer looking to execute a value-add strategy in the highly desirable Koreatown/Central Los Angeles market. **Ideal for:** Fix-and-flip investors, contractors, developers, value-add buyers, or investors seeking renovation upside and flexible occupancy in a strong Central Los Angeles location. * SEE SUPPLEMENTS FOR FOUNDATION REPORT AND MARKET RENT INFO.

4115 Council Street, Los Angeles

Listing courtesy of Listing Agent: Laura Borbon (lborbon@sbcglobal.net) from Listing Office: Century 21 Allstars.

$799,000
5 Beds 4 Baths 26984113 MLS
ALL UNITS SEPARATELY METERED FOR WATER, GAS, AND ELECTRIC. A MAJOR VALUE ADD FOR INVESTORS! Located in Los Angeles within the vibrant Melrose District, this well-positioned triplex offers an excellent opportunity in one of the city's most sought-after urban neighborhoods, known for its trendy boutiques, diverse dining, and close proximity to Hollywood, Koreatown, and Downtown LA. This multi-family property features three units with a functional layout, including a front unit with 3 bedrooms and 2 bathrooms, a rear unit with 2 bedrooms and 1 bathroom, and an additional studio unit with 1 bathroom, creating multiple income streams and flexible living options. Ideal for investors seeking strong rental potential or owner-occupants looking to offset their mortgage by renting out additional units, the property offers versatility for both income generation and multi-generational living. Gated property with rear access and parking for up to six vehicles in the back. Conveniently located near Melrose Avenue, major freeways, public transportation, shopping, dining, and key employment hubs, this property is perfectly situated for long term value and demand. ALL UNITS ARE SEPARATELY METERED FOR WATER, GAS, AND ELECTRICITY, A SIGNIFICANT ADVANTAGE THAT HELPS REDUCE OPERATING EXPENSES AND INCREASE OVERALL INVESTMENT EFFICIENCY. Buyer to verify all information, including permits, square footage, and unit details.***The property is back on the market due to the buyer's financing. There were no issues with the property, and all inspection reports are available for your review.***

644 N Serrano Ave, Los Angeles

Courtesy of Keller Williams Los Angeles, Maria Sarmiento - CA DRE#01837686

$1,199,000
5 Beds 5 Baths 26983467 MLS
NOVEMBER 2021 THIS BUILDING WAS PRICED FOR $1,490,000.00 "A rare owner-user commercial opportunity in Koreatown/Hancock Park area with full vacancy flexibility at closing. " WHAT MAKES THIS PROPERTY SPECIAL mixed-use 100% vacant delivery potential PERFECT BUYER: doctors dentists attorneys CPAs beauty operators acupuncturists owner-users SBA loan buyers Most small commercial buildings in LA: have tenants have lease problems are difficult to occupy YOURS: potentially vacant flexible use owner-user opportunity SBA financing possible SBA OWNER-USER FINANCING CRITICAL IMPORTANCE SBA loans can allow: lower down payment owner-user occupancy long amortization "Excellent opportunity for owner-users utilizing SBA financing." LOCATION POSITIONING: "Strategically located in the heart of the Koreatown / Hancock Park corridor with strong surrounding residential density and business activity." FLEXIBILITY: Ideal for: Law office CPA / tax office Dental or medical office Acupuncture / wellness clinic Beauty / skincare business Creative office Live/work opportunity (buyer to verify) "OWN INSTEAD OF RENT" "Stop paying rent for your business own your own commercial building in one of Los Angeles' strongest urban corridors. "Comparable Sales Nearby: 222 N Harvard Blvd $2,000,000 242 N St Andrews Pl $1,495,000 "220 N Oxford Ave presents compelling value relative to recent area sales." "Rare vacant-delivery commercial opportunity in a supply-constrained submarket. "IDEAL FOR FINAL INVESTOR / OWNER-USER Rare Koreatown / Hancock Park Owner-User Commercial Opportunity 220 N Oxford Ave presents a rare opportunity to acquire a mixed-use commercial property in one of Los Angeles' most desirable urban corridors. The property is commercially zoned and currently configured as commercial space with two residential units. The building may potentially be delivered 100% vacant at closing, creating exceptional flexibility for owner-users, investors, or live/work operators. Creative office use Other professional office applications (buyer to verify) Strategically located within the Koreatown / Hancock Park corridor, the property benefits from strong surrounding residential density, business activity, and central access to Downtown Los Angeles, Hollywood, and major transportation routes. Owner-users will appreciate the opportunity to stop leasing commercial space and establish long-term ownership in a high-demand Los Angeles market. SBA financing may provide an attractive acquisition option for qualified buyers. 220 N Oxford Ave presents compelling value relative to recent area transactions. Buyer and buyer's agent to verify all zoning, use, occupancy, and development potential. Please do not disturb occupants. AMAZING OPPORTUNITY FOR: Dentists Medical users Beauty operators SBA loan buyers owner-user opportunity office concepts "stop paying rent" This building's biggest value is: FLEXIBILITY "own your business building with SBA financing + vacant delivery"

220 N Oxford Ave, Los Angeles

Courtesy of Real Broker, Max Lee - CA DRE#01905008

$2,200,000
8 Beds 8 Baths 26978145 MLS
A rare opportunity to acquire a fully vacant, completely renovated, boutique four-unit apartment building ideally located just steps from the shops, cafes, and restaurants of Larchmont Village and the vibrant dining scene of Koreatown. Spanning approximately 4,042 square feet, this turnkey asset is delivered fully vacant, offering a new owner the rare ability to lease up all four units at full market rents from day one. The location is a major draw for prospective tenants. Larchmont Boulevard's strip of boutique shops, coffee spots, and acclaimed restaurants including Larchmont favorites like Great White, Tu Madre, Cafe Gratitude, and Max & Helen's is just minutes away, along with the diverse dining and nightlife of nearby Koreatown. The area offer. easy access to public transit, and proximity to major employment centers throughout Hollywood, Downtown LA, and the Wilshire corridor all highly attractive amenities for renters. All four units feature 2-bedroom/2-bathroom floor plans, each fully modernized from top to bottom. Every unit includes new kitchen appliances (refrigerator, stove/oven, and microwave), fully updated bathrooms with contemporary finishes, new flooring throughout, new AC/heating systems, and in-unit washer/dryer hookups a standout amenity that commands premium rents and reduces turnover. Parking is a defining feature of this property: each unit is paired with its own private one-car garage plus an additional dedicated parking space directly in front of the garage, for a total of 8 parking spaces across the building a rare offering in this submarket. The building has been comprehensively renovated, reflecting true pride of ownership and minimizing near-term capital expenditures for a new owner. Pro Forma GOI is $156,000 giving this property an incredible GRM of 14.1. Pro Forma Cap Rate is 5.32% reflecting low estimated expenses from the recent full renovation.

134 S Edgemont St, Los Angeles

Courtesy of The Collective Realty, Will Tiao - CA DRE#01918965

$799,000
5 Beds 4 Baths 26984113 MLS
ALL UNITS SEPARATELY METERED FOR WATER, GAS, AND ELECTRIC. A MAJOR VALUE ADD FOR INVESTORS! Located in Los Angeles within the vibrant Melrose District, this well-positioned triplex offers an excellent opportunity in one of the city's most sought-after urban neighborhoods, known for its trendy boutiques, diverse dining, and close proximity to Hollywood, Koreatown, and Downtown LA. This multi-family property features three units with a functional layout, including a front unit with 3 bedrooms and 2 bathrooms, a rear unit with 2 bedrooms and 1 bathroom, and an additional studio unit with 1 bathroom, creating multiple income streams and flexible living options. Ideal for investors seeking strong rental potential or owner-occupants looking to offset their mortgage by renting out additional units, the property offers versatility for both income generation and multi-generational living. Gated property with rear access and parking for up to six vehicles in the back. Conveniently located near Melrose Avenue, major freeways, public transportation, shopping, dining, and key employment hubs, this property is perfectly situated for long term value and demand. ALL UNITS ARE SEPARATELY METERED FOR WATER, GAS, AND ELECTRICITY, A SIGNIFICANT ADVANTAGE THAT HELPS REDUCE OPERATING EXPENSES AND INCREASE OVERALL INVESTMENT EFFICIENCY. Buyer to verify all information, including permits, square footage, and unit details.***The property is back on the market due to the buyer's financing. There were no issues with the property, and all inspection reports are available for your review.***

644 N Serrano Avenue, Los Angeles

Listing courtesy of Listing Agent: Maria Sarmiento (maria@multifamilyrealtor.com) from Listing Office: Keller Williams Los Angeles.

$1,199,000
5 Beds 5 Baths 26983467 MLS
NOVEMBER 2021 THIS BUILDING WAS PRICED FOR $1,490,000.00 "A rare owner-user commercial opportunity in Koreatown/Hancock Park area with full vacancy flexibility at closing. " WHAT MAKES THIS PROPERTY SPECIAL mixed-use 100% vacant delivery potential PERFECT BUYER: doctors dentists attorneys CPAs beauty operators acupuncturists owner-users SBA loan buyers Most small commercial buildings in LA: have tenants have lease problems are difficult to occupy YOURS: potentially vacant flexible use owner-user opportunity SBA financing possible SBA OWNER-USER FINANCING CRITICAL IMPORTANCE SBA loans can allow: lower down payment owner-user occupancy long amortization "Excellent opportunity for owner-users utilizing SBA financing." LOCATION POSITIONING: "Strategically located in the heart of the Koreatown / Hancock Park corridor with strong surrounding residential density and business activity." FLEXIBILITY: Ideal for: Law office CPA / tax office Dental or medical office Acupuncture / wellness clinic Beauty / skincare business Creative office Live/work opportunity (buyer to verify) "OWN INSTEAD OF RENT" "Stop paying rent for your business own your own commercial building in one of Los Angeles' strongest urban corridors. "Comparable Sales Nearby: 222 N Harvard Blvd $2,000,000 242 N St Andrews Pl $1,495,000 "220 N Oxford Ave presents compelling value relative to recent area sales." "Rare vacant-delivery commercial opportunity in a supply-constrained submarket. "IDEAL FOR FINAL INVESTOR / OWNER-USER Rare Koreatown / Hancock Park Owner-User Commercial Opportunity 220 N Oxford Ave presents a rare opportunity to acquire a mixed-use commercial property in one of Los Angeles' most desirable urban corridors. The property is commercially zoned and currently configured as commercial space with two residential units. The building may potentially be delivered 100% vacant at closing, creating exceptional flexibility for owner-users, investors, or live/work operators. Creative office use Other professional office applications (buyer to verify) Strategically located within the Koreatown / Hancock Park corridor, the property benefits from strong surrounding residential density, business activity, and central access to Downtown Los Angeles, Hollywood, and major transportation routes. Owner-users will appreciate the opportunity to stop leasing commercial space and establish long-term ownership in a high-demand Los Angeles market. SBA financing may provide an attractive acquisition option for qualified buyers. 220 N Oxford Ave presents compelling value relative to recent area transactions. Buyer and buyer's agent to verify all zoning, use, occupancy, and development potential. Please do not disturb occupants. AMAZING OPPORTUNITY FOR: Dentists Medical users Beauty operators SBA loan buyers owner-user opportunity office concepts "stop paying rent" This building's biggest value is: FLEXIBILITY "own your business building with SBA financing + vacant delivery"

220 N Oxford Avenue, Los Angeles

Listing courtesy of Listing Agent: Max Lee (Hellomaxlee@gmail.com) from Listing Office: Real Broker.

$2,200,000
8 Beds 8 Baths 26978145 MLS
A rare opportunity to acquire a fully vacant, completely renovated, boutique four-unit apartment building ideally located just steps from the shops, cafes, and restaurants of Larchmont Village and the vibrant dining scene of Koreatown. Spanning approximately 4,042 square feet, this turnkey asset is delivered fully vacant, offering a new owner the rare ability to lease up all four units at full market rents from day one. The location is a major draw for prospective tenants. Larchmont Boulevard's strip of boutique shops, coffee spots, and acclaimed restaurants including Larchmont favorites like Great White, Tu Madre, Cafe Gratitude, and Max & Helen's is just minutes away, along with the diverse dining and nightlife of nearby Koreatown. The area offer. easy access to public transit, and proximity to major employment centers throughout Hollywood, Downtown LA, and the Wilshire corridor all highly attractive amenities for renters. All four units feature 2-bedroom/2-bathroom floor plans, each fully modernized from top to bottom. Every unit includes new kitchen appliances (refrigerator, stove/oven, and microwave), fully updated bathrooms with contemporary finishes, new flooring throughout, new AC/heating systems, and in-unit washer/dryer hookups a standout amenity that commands premium rents and reduces turnover. Parking is a defining feature of this property: each unit is paired with its own private one-car garage plus an additional dedicated parking space directly in front of the garage, for a total of 8 parking spaces across the building a rare offering in this submarket. The building has been comprehensively renovated, reflecting true pride of ownership and minimizing near-term capital expenditures for a new owner. Pro Forma GOI is $156,000 giving this property an incredible GRM of 14.1. Pro Forma Cap Rate is 5.32% reflecting low estimated expenses from the recent full renovation.

134 S Edgemont Street, Los Angeles

Listing courtesy of Listing Agent: Will Tiao (will@tiaoproperties.com) from Listing Office: The Collective Realty.

$6,950,000
7 Beds 9 Baths 26962249 MLS
Stately Mediterranean villa on a picturesque tree-lined street. Set on one of the neighborhood's most distinguished streets, this magnificent Mediterranean estate blends timeless architecture with exceptional scale, warmth, and effortless indoor-outdoor living. A gracious formal entry welcomes you with an elegant sweeping staircase, setting the tone for what is to come. The expansive living room, anchored by a handsome fireplace, opens to the lush grounds, creating an ideal setting for both grand entertaining and intimate gatherings. The impressive formal dining room comfortably accommodates 20 guests and features French doors that open to a charming patio. Designed for both everyday living and culinary excellence, the chef's kitchen boasts an oversized center island, premium appliances, and abundant workspaces. It flows effortlessly into the family room, breakfast area, and TV lounge, all of which open directly to the private gardens. The main level also features a richly appointed bar/den with a fireplace and garden access, two spacious en suite guest bedrooms, a powder room, and a well-equipped laundry room. Ascending the staircase, the luxurious primary suite serves as a private retreat, complete with a fireplace, a balcony overlooking the grounds, and a sumptuous spa-inspired bath with dual vanities. Adjacent is a handsome home office with its own fireplace and access to a private terrace with a fire pit, as well as an expansive walk-in closet. Four additional generously proportioned bedrooms, each with its own private bath, complete the upper level. Designed for year-round California living, the spectacular grounds feature a covered veranda for al fresco dining and entertaining, overlooking a sparkling lap pool and spa, a fire pit conversation area, a generous grassy lawn with a play area, and a charming detached guest house (currently being used as a gym). Completing the estate are a three-car garage, additional off-street parking, and a gated motor court that enhances both privacy and curb appeal. This exceptional Mediterranean estate offers an extraordinary combination of elegance, comfort, and resort-style living ready for its next owner to simply move in and enjoy.

305 S June St, Los Angeles

Courtesy of Coldwell Banker Realty, Rick Llanos - CA DRE#01123101

$6,950,000
7 Beds 9 Baths 26962249 MLS
Stately Mediterranean villa on a picturesque tree-lined street. Set on one of the neighborhood's most distinguished streets, this magnificent Mediterranean estate blends timeless architecture with exceptional scale, warmth, and effortless indoor-outdoor living. A gracious formal entry welcomes you with an elegant sweeping staircase, setting the tone for what is to come. The expansive living room, anchored by a handsome fireplace, opens to the lush grounds, creating an ideal setting for both grand entertaining and intimate gatherings. The impressive formal dining room comfortably accommodates 20 guests and features French doors that open to a charming patio. Designed for both everyday living and culinary excellence, the chef's kitchen boasts an oversized center island, premium appliances, and abundant workspaces. It flows effortlessly into the family room, breakfast area, and TV lounge, all of which open directly to the private gardens. The main level also features a richly appointed bar/den with a fireplace and garden access, two spacious en suite guest bedrooms, a powder room, and a well-equipped laundry room. Ascending the staircase, the luxurious primary suite serves as a private retreat, complete with a fireplace, a balcony overlooking the grounds, and a sumptuous spa-inspired bath with dual vanities. Adjacent is a handsome home office with its own fireplace and access to a private terrace with a fire pit, as well as an expansive walk-in closet. Four additional generously proportioned bedrooms, each with its own private bath, complete the upper level. Designed for year-round California living, the spectacular grounds feature a covered veranda for al fresco dining and entertaining, overlooking a sparkling lap pool and spa, a fire pit conversation area, a generous grassy lawn with a play area, and a charming detached guest house (currently being used as a gym). Completing the estate are a three-car garage, additional off-street parking, and a gated motor court that enhances both privacy and curb appeal. This exceptional Mediterranean estate offers an extraordinary combination of elegance, comfort, and resort-style living ready for its next owner to simply move in and enjoy.

305 S June Street, Los Angeles

Listing courtesy of Listing Agent: Rick Llanos (rickllanos@outlook.com) from Listing Office: Coldwell Banker Realty.

$2,350,000
BB26192339 MLS
523 N St Andrews Pl is a 2015-built fourplex located in prime Larchmont Village. The property delivers a strong 5.42% cap rate, approximately ten years of established rental history, and a stabilized income stream. The property features a desirable unit mix consisting of three 3-bedroom residences and one 2-bedroom residence. Each unit offers in-unit laundry, modern, easy-to-maintain finishes, and spacious, functional floorplans. The residences are noticeably larger than many brand-new units being delivered today, with generous kitchens, comfortable living areas, and oversized bedrooms that enhance their long-term rental appeal. Current rents include $3,715 per month for a 3-bedroom unit, $3,701 per month for a 3-bedroom unit, and $2,992 per month for the 2-bedroom unit. One 3-bedroom residence is currently vacant, creating the opportunity for an owner-user or an investor to lease the unit at market rent. The property’s established operating history and strong occupancy provide a reliable foundation for long-term income. Situated in East Larchmont, between Hancock Park and Hollywood, the property is very close to neighborhood restaurants and destinations including Antico Nuovo, Found Oyster, Levain Bakery, Max & Helen’s, Budonoki and Courage Bagels. Erewhon, Larchmont Village, Hollywood and Los Feliz are also easily accessible. The central location provides convenient access to major employment centers including Netflix, Paramount Studios, Kaiser Permanente Los Angeles Medical Center and Sunset Gower Studios, supporting demand from renters seeking newer construction, spacious layouts and proximity to some of central Los Angeles’s most desirable dining, shopping and entertainment. With its proven operating history, desirable unit mix, spacious floorplans and central East Larchmont location, 523 N St Andrews Pl presents an opportunity to acquire a dependable income-producing asset in one of Los Angeles’s most established rental markets.

523 N St Andrews, Los Angeles

Listing courtesy of Listing Agent: Lauren Cearley (lauren@myunits.com) from Listing Office: Myunits.com Inc..

$2,200,000
7 Beds 12 Baths 26919127 MLS
JNM Realty exclusively presents 254 S. Normandie Avenue, a well-maintained 12-unit apartment community featuring an attractive unit mix of five (5) studio units and seven (7) one-bedroom, one-bathroom units. There are fifteen (15) onsite parking spaces including three (3) attached garages, eight (8) tandem spaces, and four (4) detached covered spaces. Soft-story retrofit was completed in 2024. The property offers approximately 33% upside to current rents and more than 115% upside potential among the non-renovated units. The six (6) renovated units feature upgraded electrical including subpanels, copper plumbing, and a full high end renovation of the entire unit. Property upgrades include an upgraded electrical master panel and a new multi-layer elastomeric roof coating. The property has been meticulously maintained throughout the current ownership's tenure of more than 10 years. A detached parking area may also provide additional development potential through constructing accessory dwelling units. Located near the high-traffic intersection of Normandie Avenue and 3rd Street, the property is within walking distance of neighborhood retail, dining, and multiple Metro bus lines. 254 S. Normandie Avenue presents an exceptional opportunity to acquire a well-located multifamily asset with strong in-place fundamentals and meaningful long-term upside.

254 S Normandie Ave, Los Angeles

Courtesy of JNM Realty, INC., Demis Dokhanian - CA DRE#01940496

$2,200,000
7 Beds 12 Baths 26919127 MLS
JNM Realty exclusively presents 254 S. Normandie Avenue, a well-maintained 12-unit apartment community featuring an attractive unit mix of five (5) studio units and seven (7) one-bedroom, one-bathroom units. There are fifteen (15) onsite parking spaces including three (3) attached garages, eight (8) tandem spaces, and four (4) detached covered spaces. Soft-story retrofit was completed in 2024. The property offers approximately 33% upside to current rents and more than 115% upside potential among the non-renovated units. The six (6) renovated units feature upgraded electrical including subpanels, copper plumbing, and a full high end renovation of the entire unit. Property upgrades include an upgraded electrical master panel and a new multi-layer elastomeric roof coating. The property has been meticulously maintained throughout the current ownership's tenure of more than 10 years. A detached parking area may also provide additional development potential through constructing accessory dwelling units. Located near the high-traffic intersection of Normandie Avenue and 3rd Street, the property is within walking distance of neighborhood retail, dining, and multiple Metro bus lines. 254 S. Normandie Avenue presents an exceptional opportunity to acquire a well-located multifamily asset with strong in-place fundamentals and meaningful long-term upside.

254 S Normandie Avenue, Los Angeles

Listing courtesy of Listing Agent: Demis Dokhanian (DEMIS@JNMREALTY.COM) from Listing Office: JNM Realty, INC..

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.