Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

8

Building size

3,640 sqft

Lot size

6,449 sqft

Year built

1924

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

0

MLS #

247331635

About this property

Excellent investment opportunity in the City of Los Angeles. This fully occupied, well-maintained multifamily property consists of eight one-bedroom, one-bathroom units. The owner provides ongoing maintenance and promptly addresses tenants’ repair requests. Each unit is separately metered for gas and electricity, while the owner pays for water and trash service. Conveniently located near Normandie Avenue and Vernon Avenue, with easy access to major streets, public transportation, shopping, and neighborhood amenities. The property does not include garage parking. Please do not disturb the occupants. Interior inspection is subject to an accepted offer. All offers must include a lender pre-approval letter, proof of funds, and the buyer’s FICO score. Buyer and buyer’s agent are advised to independently verify all property information, rental income, expenses, permits, and applicable rent-control requirements.

Location

4307 S Normandie

Los Angeles, Los Angeles, CA, 90037