254 S Normandie AVE Active

Los Angeles,CA 90004

$ 2675000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24214288

Year Built 1957

Lot Size 7,501 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LAR4

Interior

Laundry Common Area

Exterior

Garage None

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks,Urban

Building

Lot Description 21-25 Units/Acre

Story 2

Sewer Public Sewer

New Construction No

Others

Acceptable Financing Cash,Cash to Existing Loan

Listing Terms Cash,Cash to Existing Loan

Special Listing Condition Standard

View More
Favorite Go Tour