Los Angeles, CA 90004,632 N Normandie Avenue
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Los Angeles, CA 90004,632 N Normandie Avenue
Los Angeles, CA 90004,632 N Normandie Avenue
Los Angeles, CA 90004,632 N Normandie Avenue
Los Angeles, CA 90004,632 N Normandie Avenue
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Listed by Elizabeth Maddox • Myunits.com Inc.
$ 3,490,000
Est. payment /mo
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Active

632 N Normandie Avenue Los Angeles, CA 90004

7,274 SqFt


UPDATED:

01/31/2025 10:16 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,274 sqft

Price per Sqft $479

MLS Listing ID CRBB25020643

HOA Y/N No

Originating Board Datashare California Regional

Year Built 2024

Lot Size 6,906 Sqft

Property Sub-Type Quadruplex

Property Description

632 N Normandie Ave is a fully leased fourplex offering an exceptional (and real) 6.24% cap rate and gross annual income of $290,784. Fully occupied by tenants under a fully managed room for rent model (COMPLETELY HANDS OFF FOR BUYERS!), the property benefits from consistent, reliable, and subsidized rental income. With built-in annual rent increases, management already in place, and a multi-year rental contract, this asset is poised to deliver substantial income for years with essentially no work or hassle. Sit back, collect rent, and watch this centrally-located property appreciate in value! 632 N Normandie Ave consists of four spacious, beautifully designed 4-bedroom, 4.5-bathroom tri-level townhome-style units in an outstanding location minutes from the center of Hollywood. The excellent location, combined with the modern construction and upscale finishes make these townhomes ultra-rentable in both the current model, as well as a standard rental model. These premium townhomes feature thoughtfully designed floorplans with large, tenant-friendly kitchens and living areas, as well as luxury touches, including designer tiles, stainless steel appliances, numerous balconies, modern cabinetry, ample closets, waterproof natural wood vinyl flooring, and abundant natural light througho

Location

State CA

County Los Angeles

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Dryer, Washer, Other

Exterior

View City Lights, Other

Building

Lot Description Landscape Misc

Water Public


Bay East AOR and Contra Costa AOR
agent

Taso Tsakos

Managing Partner, Global Real Estate Advisor | License ID: 01157444

+1(925) 785-5419

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632 N Normandie Avenue