254 Normandie Avenue
$2,675,000
1
12
7,260
7,260
$368
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 a 40% increase in the Net Operating Income which equates to a 7.33% capitalization rate at market rents. Parking consists of 3 garages, 4 tuck-under spaces, and 4 carport spaces, totaling 11 parking spaces. Master metered for utilities;...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 a 40% increase in the Net Operating Income which equates to a 7.33% capitalization rate at market rents. Parking consists of 3 garages, 4 tuck-under spaces, and 4 carport spaces, totaling 11 parking spaces. Master metered for utilities; ownership has instituted a RUBS program to stabilize expenses.
- Listed by Mike Marcu • DRE #00919594 • Brokerage DRE #00919594 • Mike Marcu, Broker • 562-260-0940
Property Details for 254 Normandie Avenue
Parking Spaces Total
11
Private PoolNo
Total Units12.0
Building TypeAttached
Lot Size SourceAssessor
Living Area7260
Assessor Parcel Number5518-007-022
Property Attached YNtrue
LISTING UPDATED: 12/20/2024 01:57 AM
Property Details for 254 Normandie Avenue
Status | Active |
---|---|
MLS # | OC24214288 |
Days on Market | 66 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1957 |
County | Los Angeles County |
Building Information for 254 Normandie Avenue
Building/Complex254 Normandie AveFloor-Stories2Residences-Pet Policy-Year Built1957Building Size-
Property Information for 254 Normandie Avenue
Property History for 254 Normandie Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 254 Normandie Avenue
Taxable ValueLand$2,231,037Additions$1,006,105Total$3,237,142
Tax Record2024$40,191 ($3,349 / month)
Home Facts
Total Finished SqFt7,552 SqFtAbove Grade Finished SqFt7,552 SqFtLot Size7,502 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningLAR4CountyLOS ANGELESAPN5518-007-022
Schools near 254 Normandie Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Cahuenga Elementary School PublicK to 5 | ||
Virgil Middle School Public6 to 8 | ||
Academic Leadership Community School Public9 to 12 | ||
Contreras Learning Center-School Of Social Justice Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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