731 N. Normandie Avenue, Los Angeles, CA 90029

731 N. Normandie Avenue, Los Angeles Property ID
1,865 SqFt Size

Description

Maher Commercial Realty in partnership with the Ringer Group at Marcus & Millichap is pleased to exclusively present for purchase a three-unit apartment building located at 731 N Normandie Ave. This offering consists of two structures boasting approximately 1,865 square feet of improvements on a 6,602 square feet lot zoned LARD1.5.


The subject property was constructed in 1912 and has two spacious one-bedroom one-bathroom units and one two-bedroom one-bathroom unit. Tenants in this neighborhood enjoy proximity to major schools and employers: Los Angeles City College, Paramount Studios, Children’s Hospital Los Angeles, to name a few. Additionally, this investment opportunity offers quick access to Highway 101 and transportation routes such as the Metro Red and Purple lines. Residents can easily commute to highly sought-after neighboring communities including Hollywood, Los Feliz, Silver Lake, Echo Park and Koreatown.

This opportunity will allow savvy investors to capitalize on existing cash flow and possibly pursue a redevelopment plan in the future.

Property Features:

  • Sale Price: $855,000
  • Building Size: 1,865 Sq.Ft.
  • Lot Size: 6,602 Sq.Ft.
  • Number of Units: 3
  • Unit Mix: 2 (1+1), 1 (2+1)
  • Zoning: LARD1.5
  • APN: 5520-001-006

Address

  • Address 731 N. Normandie Avenue, Los Angeles, CA
  • Country United States
  • Postal code/ZIP 90029
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Overview

  • Property ID 731 N. Normandie Avenue, Los Angeles
  • Price $855,000.00
  • Property Type
  • Property status
  • Year Built 1912
  • Size 1,865 SqFt
  • Zoning LARD1.5
  • Units 3

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Contact

Nicole Lu

Property Agent

275 S Beverly Dr, Beverly Hills, CA 90212, USA
1 (310) 710-1018

Fluent in 6 languages, Nicole Lu works with local and international investors on strategic real estate projects and acquisitions. She is a southern California native who returned home after 12 years as a consultant in Asia, Europe, North America and Africa. Recent projects include portfolio analysis for a partnership dissolution (multifamily, hospitality, retail, office, industrial, residential, and land); leasing and acquisitions for a healthcare company's nationwide rollout; and market analysis for an investment firm's California portfolio. Her expertise is the identification and implementation of solutions for her clients. Nicole holds a BA in Spanish from UC Berkeley and an MBA from INSEAD in France and Singapore. She is fluent in Mandarin Chinese, Taiwanese, Spanish, French, and Dutch, and studying Hebrew and German. CA DRE 02045957

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