4307 S Normandie Avenue
Los Angeles, CA 90037
3640 sqft | 8 beds | 0.15 acres | #24422513
Description
We are pleased to present the opportunity to acquire 4307 S. Normandie Avenue, an 8-unit multifamily property located in the Vermont Square neighborhood of South Los Angeles. Built in 1924, this one-story building sits on a 6,447 square foot lot with 3,640 square feet of rentable space and consists of (8) 1bed/1Bath units. The property boasts an average rent of $1,287/unit and roughly 40% in rental upside to be captured in the future. All units have individual trash bins, all units are separately metered for gas and electricity and tenants' benefit from a gated entrance. The property is professionally managed and well maintained. Buyers are encouraged to verify accuracy of building records and data. Located north of West Vernon Avenue and east of South Western Avenue, the subject property is walking distance to multiple public transportation stops at the corner of South Normande Ave and West Vernon Avenue. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$1,350,000
- MLS #24422513
- MLS #24422513
- Cost1285000
- Acres0.148
- Square Feet3640
- Year Built1924
- Bedrooms8
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Sevak Keshishian (#CLW-C120853)
Listing Office: Marcus & Millichap (#CLW-X75151)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
