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$5,500,000
12 Beds 24 Baths 26857413 MLS Active Status
644 Normandie Townhomes, a 2019 construction 13 unit luxury apartment building located in the heart of one the Los Angeles' most sought-after neighborhoods. The Townhomes are comprised of twelve large 1+1.5 townhomes and one studio+1 bath ADU (accessory dwelling unit). The Townhomes have modern interiors with many amenities including: custom Italian-style kitchens, quartz countertops, in-unit washer & dryer, modern appliances, deep soaking tubs, Nest Thermostats, secured building and private patios with sweeping city views. Each of the townhome units are three stories with the bedroom on the ground floor, the living room and kitchen on the second floor, and the mezzanine and private patio on the third floor. The building features 13 parking spaces in a private subterranean gated garage. The units are all individually metered for gas and electric, allowing the Landlord to bill back the tenants for their utilities. All units have high ceilings with large, premium double-paned windows which gives the units excellent natural light.

644 N Normandie Avenue, Los Angeles

$7,500,000
13 Beds 51 Baths 26850047 MLS Active Status
***MAY BE PURCHASED INDIVIDUALLY OR IN COMBINATION WITH ANY OR ALL OF 100 N KENMORE, 601 N ROSSMORE, 1311 INGRAHAM & 3333 4TH ST*** 508 & 512 S Hobart Blvd is a 49-unit, seven-story apartment building built in 1929, plus an additional adjacent parcel, located in the heart of Koreatown. The property reflects the scale and permanence of pre-war Los Angeles construction, with classic proportions, a strong street presence, and architectural detailing that is increasingly difficult to replicate today. Over the years, the building has been maintained with care, including the replacement of a substantial portion of the roof and upgrades to the electrical system, preserving both its character and core infrastructure. The building is serviced by an elevator and is master metered for electricity and gas. The unit mix consists of studios and one-bedroom apartments, a configuration well suited to the neighborhood's renter profile. Units retain many of the attributes typical of late-1920s construction generous windows, defined living spaces, and practical layouts offering a blend of historic charm and functional design. Additional amenities include controlled access and on-site laundry. One of the more distinctive aspects of the property is its parking configuration. In addition to subterranean parking uncommon for an asset of this vintage the offering includes a separate, adjoining parcel to the north that currently operates as a surface parking lot (508 S Hobart Blvd). Beyond its current use, this parcel introduces a meaningful long-term option for a buyer to explore alternative uses or development potential, subject to investigation. The location is a core strength. Positioned within Koreatown, just off Wilshire Boulevard, the property sits in one of the most active and densely populated submarkets in Los Angeles. Residents have convenient access to the Wilshire/Western Metro station, The Wiltern, MacArthur Park, and an extensive collection of neighborhood retail and dining options. Its central positioning also allows for straightforward connectivity to Downtown Los Angeles, Hollywood, and other major employment centers. 508 & 512 S Hobart Blvd offers scale, architectural integrity, and long-term optionality in a supply-constrained location a well-located historic asset with both stability and future upside embedded in the land. Note: The subject property has been identified by LADBS as possibly subject to the city's non-ductile concrete retrofit program. Buyer is advised to do its own due diligence with respect to this potential condition.

512 S Hobart Boulevard, Los Angeles

$238,000
1 Baths 26838701 MLS Active Status
Charming, low-maintenance single-level studio condo located on the third floor of the highly desirable Garden Villas Condominiums complex. This bright efficiency property features an open floor plan layout tailored perfectly for seamless urban living.Situated in the prime Mid-Wilshire/Koreatown area, 320 S Ardmore Ave #314 offers an exceptional opportunity for buyers and investors alike. The property needs some TLC and is being sold "as-is"making it the perfect blank canvas to customize, update, and turn into your very own personal space.The efficient layout is complemented by premium community amenities, including controlled access, a fitness center, rec room, a secure subterranean parking space. Positioned just steps from excellent transit options, diverse dining, and vibrant retail.

320 S Ardmore Avenue Unit 314, Los Angeles

$10,500,000
54 Beds 54 Baths 26773631 MLS Active Status
We are pleased to present The Orleans Apartments, a 54-unit investment opportunity in prime Koreatown just east of Normandie Ave and south of Beverly Blvd. The subject property features an ideal unit mix of 54 one-bedrooms with 57 subterranean parking spaces; four units will be delivered vacant at the close of escrow. This is a value-add opportunity with 21% rental upside achievable as units turn; units are well-maintained but can be enhanced to capture premium rents with a renovation program including luxury vinyl plank flooring, stainless steel appliances, custom cabinetry and countertops, smoothed ceilings and light fixtures, and HVAC; exterior upgrades could include paint and common area upgrades; third floor units have balconies and all appliances are electric. At the asking price, the property is being offered at $292 PSF and$194,444 per unit. There are two laundry rooms on the third and fourth floors, each with three washers and three dryers leased with Wash. Rare opportunity to acquire a sizeable asset with substantial upside located in one of the strongest rental submarkets in all of Los Angeles with continued rent growth year-over-year. High Walk Score of 87, close proximity to schools, employment, and transit options, this central location makes it convenient for residents to commute throughout the city to nearby neighborhoods such as Downtown LA, East Hollywood, Hollywood, Westlake, and Mid-City, among others. Koreatown is one of the densest neighborhoods in Los Angeles, with about 120,000 people. With an estimated $1 billion invested in the development of Koreatown since the early 2000s and various development projects taking place, Koreatown remains one of the highly coveted submarkets in all of Los Angeles.

130 N Alexandria 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.