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$6,100,000
18 Beds ⋅ 18 Baths ⋅ 24394451 MLS ⋅ Active Status
Price Reduction! 100% Fully renovated 18-unit apartment building with permits cash flowing at an amazing 6.26% Cap Rate and 11.6 GRM from day 1! All the units have already been leased at full market rents for ~$2,400 per month providing an incredible cash flow. The offering provides investors with a unique opportunity to purchase a premium asset that was completely vacated and renovated. 201 N Normandie Avenue was built in 1923 and boasts 16 stylish apartment homes renovated in 2023 as well as 2 brand-new detached ADUs built in 2024. Ownership has conducted a complete property restoration with permits. It features an attractive unit composition of eighteen (18) spacious and well-designed One-Bedroom | One-Bathroom units. In all, 201 North Normandie Avenue features ~8,677 square feet of improvements on a collective 7,700 square feet of land, zoned LAR3. The property is separately metered for gas and electrical utilities to further reduce operating costs. The property has seen a complete restoration, down to every inch. Overall systems were overhauled with a new roof, plumbing, and electrical systems were updated within the last couple of years with a new panel and wiring. Also, there are updated HVAC systems and new windows in each unit. When approaching the property, tenants are invited with a unique and inviting color scheme featuring a fresh paint job and stylish landscaping. The units have undergone gut-level updating with new wood flooring, updated lighting fixtures, and brand-new kitchen and bathrooms. In the kitchen, there are new cabinets, modern countertops, and new water heaters. The bathrooms boast new vanities, modern fixtures, along with sleek shower stalls. The location is in the heavily sought-after Koreatown and Wilshire Center sub-markets. 201 N Normandie Avenue is poised to capitalize on the tremendous momentum in the immediate area and neighboring Hollywood and Downtown. The subject property's transit-oriented and highly walkable location offers residents access to a myriad of entertainment venues, cultural destinations, and dining options nearby. Given the property's location and strong income metrics, 201 N Normandie Avenue is an ideal investment for investors seeking immediate returns along with long-term wealth preservation and appreciation.

201 N Normandie Avenue, Los Angeles
$700,000
2 Beds ⋅ 1 Baths ⋅ DW23193042 MLS ⋅ Active Status
This 2-bedroom, 1-bath home is a diamond in the rough, a perfect canvas for investor or savvy buyer looking to unlock its true potential. The property offers a cozy kitchen with a side door for easy yard access both front and back. As you enter through the main front door your greeted with a living space and dining open area. Steps away you have both bedrooms and bathroom .It's a blank canvas for you to transform into a modern and comfortable space. One of the most exciting aspects of this property is the generous lot size. It provides ample space for expansion or development. Investors, in particular, will appreciate the potential for building an ADU or even multiple units, making it an excellent opportunity to maximize your return on investment. You'll enjoy the benefits of a well-established community with easy access to shops, restaurants, and parks. The proximity to major freeways ensures that you're well-connected to the rest of Los Angeles.

5301 Huntington Drive N, Los Angeles
$5,750,000
24 Beds ⋅ 16 Baths ⋅ 23307653 MLS ⋅ Active Under Contract Status
The Orange Grove Portfolio - 356, 360, 366 N Orange Grove Ave, represents an extraordinary opportunity to purchase assets that haven't been available for sale in over 50 years! It's a one-of-a-kind chance that will allow the astute investor to purchase 3 contiguous parcels located within a highly desirable sub-market characterized by affluent demographics and substantial barriers to entry. This expansive 19,201 square-foot property, spread across three contiguous parcels, represents an exceptional investment opportunity with its LAR3 zoning providing a solid foundation for various residential development projects. Additionally, its Tier 3 classification within the Transit Oriented Communities (TOC) program offers strategic benefits, including density bonuses, height incentives, and potential parking reductions, making it an ideal canvas for high-value multi-unit housing or innovative urban developments. Per our calculations, a buyer can build up to twenty-eight (28) units (buyer to verify).

356 - 366 N Orange Grove Avenue, Los Angeles
$700,000
4 Beds ⋅ 2 Baths ⋅ 22129453 MLS ⋅ Active Status
2 Rental units in the back THAT is making $55,056 a year. Both are currently rented to VASH Veterans, so most of rent is paid by LA County Housing office. SEC 8 Front house is a 3br 1 bath HOUSE that will rent for $2800 a month, or you can live in the house and rentals in the back (55k) can help to pay your mortgage. PLUS has a Vacant Garage that can be converted to a 2br unit, This is a R2 lot and lots of upside in CASH FLOW and Appreciation,

44442 BEECH Avenue, Lancaster
$2,500,000
12595401 MLS ⋅ Active Status

1424 MEADOWBROOK Avenue, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.