Apartments For Sale • 4,275 SF
5150 S. Normandie Avenue is a 4-unit mixed-use, value-add investment property conveniently located just east of Western Avenue and south of West Ver |
Low price per square foot at the asking price; $162 per square foot |
Plans have been submitted for two (2) ADU's for Two-Bedroom/Two-Bathroom Units |
Significant upside in rents; Over 42% potential upside |
Strong unit mix with large Two-Bedroom and Three-Bedroom units, and a ground floor commercial unit |
Conveniently located in dense, infill location with a short drive to LA attractions like Exposition Park, LA Memorial Coliseum, BMO Stadium and the |
Cap Rate: | 4.61 % |
Total Expenses: | $21,883 USD |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 12 min | - | 7.3 mi |
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 14 min | - | 7.5 mi |
Airport | Drive | Walk | Distance |
Los Angeles International | 17 min | - | 8.9 mi |
Bob Hope | 29 min | - | 16.7 mi |
Long Beach (Daugherty Field) | 26 min | - | 19.4 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 2 |
Type: | Surface |
Included in Rent: | Yes |