Los Angeles, CA 90004 601 N Normandie Avenue

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Presented By: Salar Farshchi Tabrizi with Equity Union; 919-702-6650
  • MLS# SR24074723
  • 04/16/2024
  • Request Tour
  • Request Info
  • BedBeds • 9
  • BathBaths • 1
  • FootageSQFT • 5,724

Home Details

We are pleased to present for sale this Fully Remodeled, mid-rise, true pride of ownership 9-unit multi-family apartment complex located in the East Hollywood area at 601 North Normandie Avenue. ALL 9 UNITS WILL BE DELIVERED VACANT AT COE! All New Plumbing, All New Electrical, New Fire Sprinkler System, New Roofing, All New Dual Pane Windows, New Central A/C & Heating units, All New Energy Saving LED recessed lights, New smooth stucco, New doors, New Iron handrails, New Kitchen. Built in 1990, this property is a truly unique investment opportunity that is not subject to Los Angeles City Rent Stabilization Ordinance rent control. Amenities include central heating and air, granite counter tops, vinyl floors, controlled access, gated, tankless water heaters, separately metered for gas and electric, stainless steel appliances, sprinkler system, secured parking for approximately 12 spaces, laundry facilities on premises. The subject property sits on a lot size of approximately 7,353 square feet and the building square feet is approximately 5,724 square feet. Unit mix consists of nine (9) one bedroom, one bath apartments, currently used as Short Term Rentals. Call Listing Agents for details and showings. Smack middle Hollywood and Downtown LA. Few blocks away from Mid-Wilshire, close to 101 Freeway. Do not disturb tenants! ALL 9 UNITS WILL BE DELIVERED VACANT AT COE! Do not miss this opportunity. This won't last long!
Presented By: Salar Farshchi Tabrizi with Equity Union; 919-702-6650

Interior Features for 601 N Normandie Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories3

Other Rooms

Entry Level1

General for 601 N Normandie Avenue

AccessibilityParking
Additional Parcels Y/NNo
AppliancesGasOven, Microwave
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces9.0
Carport Y/NYes
CityLos Angeles
Community FeaturesCurbs, Gutters, Sidewalks
CoolingCentralAir
CountyLos Angeles
Days on Market6
DirectionsFollow US-101 S to N Ardmore Ave. Take exit 6B from US-101 S. Continue on N Ardmore Ave. Drive to Normandie Ave
Entry LocationStreet
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income247968.0
HOA0.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense0.0
Interior FeaturesGraniteCounters
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet7355.0
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income177064.0
New ConstructionNo
Open Parking Spaces3.0
Operating Expense0.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameNormandie
Tax Lot103
Total Units9
Trash Expense0.0
UtilitiesNaturalGasAvailable, NaturalGasConnected, SewerConnected, SewerNotAvailable, WaterAvailable, WaterConnected
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1990
Year Built SourceAssessor
ZoningLAR3

Exterior for 601 N Normandie Avenue

Building Area Total5724.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre
Lot Size Acres0.1688
Lot Size Area7355.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters10
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking12.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,999,000
MLS#SR24074723
List Date 04/16/2024
Property Type Multi-Family
Phone 714.964.3311
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