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

Bedrooms

4

Building size

6,112 sqft

Lot size

6,149 sqft

Year built

2020

Stories

2

Style

Modern

Heating

Forced Air

Cooling

Wall/Window Unit(s)

Pool

None

View

City Lights

Status

Active

Days on market

16

MLS #

247704374

About this property

Live in one unit while generating income from the others. Buyer incentives are available, including rate buydown options through our preferred lender for qualified buyers, subject to lender approval and negotiated terms. Exceptional 4-unit Los Angeles income opportunity at 4150 S Normandie Ave. The property features two spacious upper units with 5 bedrooms and 5 bathrooms each, plus two lower units with 5 bedrooms and 3 bathrooms each. The two upper units are currently occupied, while both lower units are vacant, offering immediate flexibility for lease-up and additional income potential. Current upper-unit rents are approximately $5000 per unit/month. The combination of large unit configurations, existing rental income, and two vacant units creates an attractive opportunity for investors or buyers seeking a multifamily property with value-add potential. Conveniently located in Los Angeles with access to major employment centers, entertainment, education, and transportation.

Location

4150 S Normandie Avenue

Los Angeles, Los Angeles, CA, 90037