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3108008221
Real Estate Company
4150 S Normandie, Los Angeles, CA 90037
- $2,895,000
- List Price
- $2,895,000
- Status
- ACTIVE
- MLS#
- IV26215195
- Year Built
- 2020
- Lot Size
- 6,149
- Acres
- 0.14
- Lot Location
- 26-30 Units/Acre
- Days on Market
- 2
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
Live in one unit while generating income from the others. Buyer incentives are available, including rate buydown options through our preferred lender for qualified buyers, subject to lender approval and negotiated terms. Exceptional 4-unit Los Angeles income opportunity at 4150 S Normandie Ave. The property features two spacious upper units with 5 bedrooms and 5 bathrooms each, plus two lower units with 5 bedrooms and 3 bathrooms each. The two upper units are currently occupied, while both lower units are vacant, offering immediate flexibility for lease-up and additional income potential. Current upper-unit rents are approximately $4,000 per unit/month. The combination of large unit configurations, existing rental income, and two vacant units creates an attractive opportunity for investors or buyers seeking a multifamily property with value-add potential. Conveniently located in Los Angeles with access to major employment centers, entertainment, education, and transportation.
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Additional Information
- Appliances
- Dishwasher, Refrigerator
- Pool Description
- None
- Heat
- Forced Air, Natural Gas
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Neighborhood
- Garage Spaces Total
- 8
- Sewer
- Unknown
- Water
- Public, Other
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $24,000
- Operating Expense
- 30000
Listing courtesy of Listing Agent: MEZDAN MOTA (mezdanh@gmail.com) from Listing Office: The Dana Real Estate & Investments Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.