Income Home for Sale in Los Angeles, California

254 S Normandie Avenue, Los Angeles, California 90004, US

$ 2,675,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,675,000
  • MLS ID: OC24214288
  • Property Type: Income Home
  • WEB ID: PR03023419
  • Property Status: Active
  • Lot Size: 7,503sqft
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 2,675,000
  • MLS ID: OC24214288
  • Property Type: Income Home
  • WEB ID: PR03023419
  • Property Status: Active
  • Lot Size: 7,503sqft
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 40% increase in the Net Operating Income of the property. Parking consists of 3 garages, 4 tuck under and 4 carport spaces, totaling 11 parking spaces. And while master metered for utilities ownership has instituted a RUBS program to stabilize the cost.

Additional Features

  • 21-25 Units/Acre
  • Two
  • Parking spaces: 11.00
  • Listing Status: Active
  • Listing Agent: Mike Marcu (lic# 00919594) of Orange County
  • Listing Office: Mike Marcu, Broker (lic# 00919594)
  • Based on information from CRISNet MLS as of 27th December 2024 at 1:41am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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