4307 S Normandie Avenue

Los Angeles, CA 90037

$1,350,000

Listed Price
8

bed Beds

8

shower Baths

3,640 sqft

straighten / sqft

1924

calendar_month Built

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.

Interior Features

Bedroom Information
Bedrooms 8
Bathroom Information
Bathrooms 8

Listing Information

Address 4307 S Normandie Avenue
City Los Angeles
State CA
Zip 90037
County Los Angeles
Listing Agent Sevak Keshishian DRE#01887505
Courtesy Of Marcus & Millichap
MLS 24422513
List Price $1,350,000
Status Active
Type Residential Income
Structure Size 3,640
Lot Size 6,449
Year Built 1924
DOM 12

Exterior Information

Maps

Listing information courtesy of: Sevak Keshishian, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.