941 NORMANDIE Avenue $3,100,000


    941 NORMANDIE Avenue Los Angeles, CA 90029

    • 12 Beds
    • 7 Baths
    • 5,086 sq.ft.
    • MultiFamily
    • MLS# 20541126
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    Views: 0 Days On Market: 10

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    Property Details

    Transwestern as the exclusive listing agent is pleased to present the opportunity to acquire 941 N Normandie Avenue, a 100 percent leased seven (7) unit TURN-KEY apartment building BUILT IN 1986 AND COMPLETELY RENOVATED IN 2019, including all brand-new major building systems. The property is located in the heart of East Hollywood within a short walking distance from retail, dining and entertainment. The unit mix consists of five (5) large 2bed+1bath units and two (2) large 1bed+1bath units. The property is a two-story, 5,086 square foot walk-up building with wood frame and stucco construction situated on an 8,400-square foot lot. The units are separately metered for gas and electricity. Gated access parking is provided onsite with fifteen (15) spaces comprised of five (5) single spaces and five (5) tandem spaces. Please see the Offering Memorandum in the Docs section of this listing for more details about the extensive renovation of the property.

    • General Features
      • Net Operating Income 155681.00
      • Year Built 1986
      • County Los Angeles
      • Area Hollywood (C20)
      • Total Units in Complex 7
      • Special Conditions Standard Sale
      • Senior Community No
      • Adjusted Gross Income 220020.00
      • Total Annual Expense 61039.00
      • Gross Operating Imcome 216720.00
    • Building Features
      • Cooling Type Central A/C
      • Heating Type Central Furnace
      • Interior Features Other
    • Room Features
      • Unit 1 Bedrooms 2
      • Unit 1 Bathrooms 1.0
      • Unit 2 Bedrooms 2
      • Unit 2 Bathrooms 1.0
      • Unit 3 Bedrooms 1
      • Unit 3 Bathrooms 1.0
      • Unit 4 Bedrooms 2
      • Unit 4 Bathrooms 1.0
      • Unit 5 Bedrooms 2
      • Unit 5 Bathrooms 1.0
    • Property Features
      • ParkingSpacesTotal 15
      • Lot Size Sq Ft 8,400
      • Parking Type Other



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    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $3,100,000
    1/7/2020 10:47:00 AM New in Database Source

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