254 S Normandie Avenue

Los Angeles, CA 90004
$2,675,000
0.17 acres | #OC24214288
Courtesy of Mike Marcu, Broker

Description

The Le Roi Apartments is located in a solid infill Los Angeles location within the northern section of Koreatown. Featuring 5 studio and 7 one-bedroom apartments, approximately 6 of which have been renovated, the property offers an opportunity to capture as much as 40% increase in the Net Operating Income of the property. Parking consists of 3 garages, 4 tuck under and 4 carport spaces, totaling 11 parking spaces. And while master metered for utilities ownership has instituted a RUBS program to stabilize the cost.

  • Property Details
      • Stories:2
      • Lot description:TwentyOneToTwentyFiveUnitsAcre
      • Acres:0.1722
      • Parking spaces:3
      • Property type:Multi-Family
      • Year built:1957
      • Sewer information:PublicSewer
      • County:Los Angeles
      • Original List Price:$2, 675, 000
      • MLS #:OC24214288
      • Cost:2675000
      • Property subtype:Apartment
      • MLS #:OC24214288

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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