259 S Normandie Ave | Los Angeles, CA 90004
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- LoopNet Team
259 S Normandie Ave
Los Angeles, CA 90004
12 Units Value-Add in Koreatown · Residential Property For Sale · 12 Units
Investment Highlights
- Residents are Within Close Proximity to Popular Local Amenities Such as The LINE Hotel, Chapman Plaza, City Center on 6th and More
- The Government Required Seismic Retrofit Work has Already Been Completed by Current Ownership
- Approximately 69% Rental Upside Through Interior and Exterior Renovations
- 259 South Normandie Offers a Low Entry Point to Acquire a Well Located Koreatown Building
PROPERTY FACTS
| No. Units | 12 | Building Size | 7,638 SF |
| Property Type | Residential | Average Occupancy | 100% |
| Property Subtype | Apartment | Number of Floors | 2 |
| Apartment Style | Low Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Lot Size | 0.18 AC |
| No. Units | 12 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,638 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.83/1,000 SF |
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 533 |
| 1+1 | 6 | - | 708 |
| 2+2 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 5518-001-012 | Improvements Assessment | £393,202 |
| Land Assessment | £1,266,988 | Total Assessment | £1,660,189 |
PROPERTY TAXES
Parcel Number
5518-001-012
Land Assessment
£1,266,988
Improvements Assessment
£393,202
Total Assessment
£1,660,189
zoning
| Zoning Code | LAR3 |
| LAR3 |
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