$9,800,000

147 S Normandie Avenue, Los Angeles, CA 90004

22,864

Square feet

8,002

Lot Size

47

# Of Units

Listing Agent
Neema Ahadian - Marcus & Millichap

147 S Normandie Ave, a 47-unit investment opportunity located in the highly sought-after Koreatown neighborhood of Los Angeles. Located between Beverly Blvd St and 3rd St and just a few blocks away from Vermont/Beverly Metro. This is a value add opportunity with over 45% rental upside achievable as units turn. An additional 37%rental upside can be achieved as units turn.High Walk Score of 87, 147 S Normandie Ave is a walkers paradise with many nearby markets, shops, schools and restaurants.Central location that is beneficial for residents that commute throughout the city with close proximity to Downtown Los Angeles, Westlake, Echo Park, and Silver Lake, walking distance to retail along Beverly Blvd & W 3rd St., as well as the St. Vincent MedicalCenter. Located in an ideal rental market that continues to grow, illustrated through the plentiful new developments currently under construction in the area such.

Facts & Features

MLS® # 23251831
Price $9,800,000
Bathrooms 0.00
Square Footage 22,864
Lot Size 8,002
Year Built 1926
Type Residential Income
Status Active
# Of Units 47

Community Information

Address 147 S Normandie Avenue
Area C17 - Mid-Wilshire
City Los Angeles
County Los Angeles
State CA
Zip Code 90004

Amenities

Parking On Street
Garages On Street
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator
Heating Natural Gas
Has Basement No
Fireplace No
# of Stories 4

Additional Information

Date Listed March 1st, 2023
Days on Market 23
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentNeema Ahadian
OfficeMarcus & Millichap

Listing Map

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