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254 S Normandie Avenue

Los Angeles, CA 90004

– beds
– baths
– sqft
7,503 sqft lot
1957 build
– on site

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 a 40% increase in the Net Operating Income which equates to a 7.33% capitalization rate at market rents. Parking consists of 3 garages, 4 tuck-under spaces, and 4 carport spaces, totaling 11 parking spaces. Master metered for utilities; ownership has instituted a RUBS program to stabilize expenses.

Listed By CRMLS_CA / Mike Marcu / Mike Marcu, Broker / 562-260-0940

Last checked: Checking… • Last updated Jan 17, 2025 •

MLS# OC24214288 —

The Building

Year Built:

1957
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

7260.00
Building Area Units:

Square Feet
Total Number Of Units:

12
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

1
# of Separate Water Meters:

1
# of Separate Electric Meters:

1

Interior

Levels:

Two
Entry Location:

1
Laundry:

Common Area
Laundry:

1

Location

Directions:

Vermont Avenue north to 3rd Street west to Normandie north
Latitude:

34.06945000
Longitude:

-118.29879500

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LAR4
Lot Features:

21-25 Units/Acre
Lot Size Area:

7503.0000
Lot Size Acres:

0.1722
Lot Size SqFt:

7503.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2113.10
Tax Tract:

007
Tax Lot:

2

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5518007022

Utilities

Sewer:

Public Sewer

The Community

Features:

Sidewalks, Urban
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking:

No
Parking:

None
Parking Spaces:

11.00
Garage Spaces:

3.00
Carport Spaces:

8.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/16/24 Oct 16, 2024	Listed / Active	CRMLS_CA	$2,675,000

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This multifamily located in Central LA, Los Angeles, CA 90004 is currently for sale for $2,675,000. 254 S Normandie Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 94 days. 254 S Normandie Avenue is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 92, making it a walker’s paradise. This multifamily is in the attendance area of Miguel Contreras Learning Complex - School Of Social Justice, Frank Del Olmo Elementary School, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Ramon C Cortines School Of Visual And Performing Arts, Virgil Middle School, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Edward R. Roybal Learning Center, Miguel Contreras Learning Complex - Business And Tourism, and Belmont Senior High School.

Listing Courtesy of: CRMLS_CA and Mike Marcu, Broker. Based on information from California Regional Multiple Listing Service, Inc. as of 14:16 on Jan 18.

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.