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$ 4,500,000
Est. payment | /mo
7,313 Sqft Lot
$ 4,500,000
Est. payment | /mo
7,313 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26855855
HOA Y/N No
Year Built 1989
Lot Size 7,313 Sqft
Property Description
1405 N. Normandie Avenue is an eight-unit apartment building ideally situated in the heart of East Hollywood just minutes from Ferndell Nature Trail, Barnsdall Art Park, Thai Town, and Los Feliz. Built in 1989 and renovated in 2024, the property features seven spacious 2-bedroom, 2.5-bath townhomes and one 2-bedroom, 2-bath unit with a separate entrance, private yard, and secured parking space. Upgrades include a new roof, copper plumbing throughout, and all-new double-pane windows and balcony sliders. Each residence offers solid wood kitchen cabinetry, Taj Mahal quartz countertops, GE stainless steel appliances, in-unit washers and dryers, and luxury vinyl plank flooring. Every unit has an individual 60-AMP electrical meter. Seven of the 2-bedroom, 2.5-bath units include two secured tandem parking spaces, and several units include private balconies. North-facing units boast panoramic views of the Hollywood Sign and Griffith Observatory. Delivered fully vacant, this turnkey property allows an investor to immediately lease all units at market rents. This is an exceptional opportunity to own a beautifully upgraded, low-maintenance building in one of Los Angeles' most dynamic rental markets.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Heating Zoned
Fireplace No
Laundry Stacked
Exterior
Community Features Gated
Roof Type Bitumen,Flat
Total Parking Spaces 15
Building
Lot Description Corner Lot, Front Yard, Near Public Transit
Story 3
Water Public
Others
Tax ID 5544037032
Security Features Gated Community
Special Listing Condition Standard
Virtual Tour https://tour.caimagemaker.com/l/?id=183509IDX
Listed by Shamim Khorsand Mashhadi Estate Properties #02042990
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