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$ 2,675,000
Est. payment /mo
Active
254 S Normandie AVE Los Angeles, CA 90004
7,503 Sqft Lot
UPDATED:
10/16/2024 06:19 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24214288
Originating Board California Regional MLS
Year Built 1957
Lot Size 7,503 Sqft
Property Description
The Le Roi Apartments is located in a solid infill Los Angeles location within the northern section of Koreatown. Featuring 5 studio and 7 one-bedroom apartments, approximately 6 of which have been renovated, the property offers an opportunity to capture as much as 40% increase in the Net Operating Income of the property. Parking consists of 3 garages, 4 tuck under and 4 carport spaces, totaling 11 parking spaces. And while master metered for utilities ownership has instituted a RUBS program to stabilize the cost.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Laundry Laundry Area
Exterior
Parking Features No Parking
Garage Spaces 11.0
Pool None
Others
Tax ID 5518007022
Special Listing Condition Not Applicable
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Listed by Mike Marcu • Mike Marcu, Broker