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5150-5152 S Normandie Ave
Los Angeles, CA 90037 Vermont Harbor

$695,000 USD

Apartments For Sale  •  4,275 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,275 SF
  • Lot Size 0.1 AC
  • Building Class C
  • Year Built 1914
  • Cap Rate 4.61 %
  • Zoning C2-1, Los Angeles
58 Transit Score
71 Walk Score

Highlights

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

Property Flyers

Financial Summary (Actual)

Net Operating Income: $33,701 USD (2024)
Cap Rate: 4.61 %
Total Expenses: $21,883 USD

Public Transportation

Commuter RailDriveWalkDistance
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
AirportDriveWalkDistance
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 Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Sean Nami 310-279-7779 Lyon Stahl Investment Real Estate
Sean Nami 310-279-7779 Lyon Stahl Investment Real Estate