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$ 4,495,000
Est. payment | /mo
10,420 SqFt
$ 4,495,000
Est. payment | /mo
10,420 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,420 sqft
Price per Sqft $431
MLS Listing ID CL26870667
HOA Y/N No
Year Built 2022
Lot Size 8,246 Sqft
Acres 0.1893
Property Sub-Type Other
Property Description
Opportunity to acquire 525 N Normandie Avenue, a 2022-built, six-unit townhome-style multifamily property located in East Hollywood. The property is comprised entirely of spacious three-bedroom, three-bathroom residences totaling approximately 10,420 square feet. Each residence features a thoughtfully designed three-story floor plan, high ceilings, contemporary interiors, abundant natural light, in-unit laundry, private balconies, a rooftop deck with city views, and a secure two-car garage.The property offers a compelling alternative to traditional apartment living, combining the privacy and functionality of a single-family residence with the convenience of an urban multifamily community. The large-format floor plans appeal to families, professionals, roommates, and tenants seeking modern living accommodations with generous interior space and private outdoor areas. Chef-inspired kitchens, stainless steel appliances, open-concept living areas, luxury finishes, and manicured landscaping further enhance the property's strong rental appeal.With its newer construction and limited near-term capital improvement requirements, 525 N Normandie Avenue provides investors with a turnkey, low-maintenance ownership opportunity in one of Los Angeles' most supply-constrained housing markets. The property is ideally situated in East Hollywood, minutes from Larchmont Village, with convenient access to Koreatown, Hollywood, Downtown Los Angeles, and some of the city's best dining, shopping, entertainment, and employment destinations. Its combination of modern construction, spacious unit layouts, premium amenities, and desirable location positions the asset for continued tenant demand and long-term appreciation.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer, Other
Building
New Construction No
Others
Tax ID 5520012009
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Listed by Janet Neman • Kidder Mathews of California, Inc.
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