132 N Normandie, Los Angeles, CA 90004
List Price: $1.95M
Listing Status: Active
0Days on Market: 122
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1958
Lot Size: 5,751 sq ft
Private Pool: Yes
MLS Number: SR26094522
About This Property
Nestled in the heart of prime Koreatown, this 8-unit property offers an attractive investment opportunity with a versatile unit mix comprised of 1 studio unit, 6 one-bedroom units, and 1 two-bedroom unit, appealing to a wide range of tenants. Spanning approximately 6,080 square feet on a 5,749-square-foot lot, the property also features 7 to 8 tandem parking spaces. Currently generating a gross annual rent of approximately $145,224, the asset presents strong upside potential in rents. With a permit already pulled for the soft-story retrofit, a new roof underway, and several units recently updated, this property combines current income with clear value-add opportunities. Ideally located in a vibrant, walkable neighborhood near shops, dining, and public transit, this is a prime opportunity to invest in one of Los Angeles’ most dynamic and in-demand rental markets.
Listing provided by: Ashkan Etemad-Sadati DRE #01994702 818-730-1213 ashk.ghavami@gmail.com, Re/Max Luxe
Source: CRMLS, MLS #: SR26094522
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.