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Image 1 - 201 N Normandie Ave, Los Angeles, California, 90004 - House for sale
Image 2 - 201 N Normandie Ave, Los Angeles, California, 90004 - House for sale
Image 3 - 201 N Normandie Ave, Los Angeles, California, 90004 - House for sale
Image 4 - 201 N Normandie Ave, Los Angeles, California, 90004 - House for sale
Image 5 - 201 N Normandie Ave, Los Angeles, California, 90004 - House for sale
Image 6 - 201 N Normandie Ave, Los Angeles, California, 90004 - House for sale
Image 7 - 201 N Normandie Ave, Los Angeles, California, 90004 - House for sale
Image 8 - 201 N Normandie Ave, Los Angeles, California, 90004 - House for sale
Image 9 - 201 N Normandie Ave, Los Angeles, California, 90004 - House for sale
Home For Sale In Los Angeles, California
201 N Normandie Ave, Los Angeles, California, 90004

Home For Sale In Los Angeles, California

house for sale
Listed: 05/23/24

201 N Normandie Ave, Los Angeles, California, 90004

18 Bed:
18 Bath:
8,677 Sq Ft Living Area:
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Price
$ 6,3M

About This House

100% Fully renovated 18-unit apartment building with permits cash flowing at an amazing 6% Cap Rate and12 GRMfrom day 1! Majority of the units have already been leased at full market rents for ~$2, 400 per month. The offering provides investors with a unique opportunity to purchase a premium asset that was completely vacated and renovated. 201 NNormandie Avenue was built in 1923 and boasts 16 stylish apartment homes renovated in 2023 as well as 2 brand-new detached ADUs built in 2024. Ownership has conducted a complete property restoration with permits. It features an attractive unit composition of eighteen (18) spacious and well-designed One-Bedroom | One-Bathroom units. In all, 201 North Normandie Avenue features ~8, 677 square feet of improvements …  Full description

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Los Angeles Housing & Living

Average sale prices for houses

1 bed
2 bed
3 bed
4+ bed
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In May 2024, the asking price for 1 bed houses for sale in/near Los Angeles, United States averaged $1,590,389, an increase of 13.1% from the previous month.
Median price trends for properties for sale in Los Angeles, United States as of May 2024.

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.