Los Angeles, CA 90037,4307 S Normandie Ave
Los Angeles, CA 90037,4307 S Normandie Ave
Los Angeles, CA 90037,4307 S Normandie Ave
6
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$1,285,000
Est. payment /mo
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8 BD
8 BA
3,640 SqFt
Active Under Contract

4307 S Normandie Ave Los Angeles, CA 90037

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UPDATED:

10/29/2024 10:14 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,640 sqft

Price per Sqft $353

MLS Listing ID 24-422513

Bedrooms 8

Year Built 1924

Lot Size 6,449 Sqft

Acres 0.148

Property Description

We are pleased to present the opportunity to acquire 4307 S. Normandie Avenue, an 8-unit multifamily property located in the Vermont Square neighborhood of South Los Angeles. Built in 1924, this one-story building sits on a 6,447 square foot lot with 3,640 square feet of rentable space and consists of (8) 1bed/1Bath units. The property boasts an average rent of $1,287/unit and roughly 40% in rental upside to be captured in the future. All units have individual trash bins, all units are separately metered for gas and electricity and tenants' benefit from a gated entrance. The property is professionally managed and well maintained. Buyers are encouraged to verify accuracy of building records and data. Located north of West Vernon Avenue and east of South Western Avenue, the subject property is walking distance to multiple public transportation stops at the corner of South Normande Ave and West Vernon Avenue. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment None

Exterior

Parking Features None

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

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agent

Chan Wathen

REALTOR ® | RE.NV Lic.# S.59111

+1(702) 461-7869

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4307 S Normandie Ave