848 S Normandie Avenue

    Los Angeles (City), CA 90005
    • $1,555,000
    • STATUS: Active Under Contract
    • ON SITE: 98 days
    • ID#: 19422760
    Under Contract
    UPDATED: 41 min ago
    $1,555,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,660
      SQFT
    • $275
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917
    County:

    School Ratings & Info

    Description

    Huge R4 ZONING 4plex in Korea town. All units are occupied. Great upside potential for rent increase and future development. All unit pictures are shown in the MLS. Please do not disturb tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-21T19:27:57.973. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/90811114

    848 S Normandie Avenue Los Angeles (City), CA 90005

    • Price: $1,555,000
    • Status: Active Under Contract
    • Updated: 41 min ago
    • ID#: 19422760
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,660
    SQFT
    $275
    $/SQFT
    1917
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    Huge R4 ZONING 4plex in Korea town. All units are occupied. Great upside potential for rent increase and future development. All unit pictures are shown in the MLS. Please do not disturb tenants.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features UncoveredAssigned Parking YN Yes

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Cap Rate 3.30 Gross Multiplier 17.94 Gross Operating Income 86656.00 Insurance Expense 2713.00 Maintenance Expense 2000.00 Net Operating Income 51679.00 Professional Management Expense 3750.00 Special Listing Conditions Standard Total Expenses 34977.00 Water Sewer Expense 6446.00 Zoning Lar4

    Listing provided courtesy of Eunjung Mccartney of Keller Williams Larchmont and Keith Nam of Gmc Realty Advisors


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-21T19:27:57.973. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024