REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jim Porter • Porter Heritage
$ 3,499,000
Est. payment | /mo
9,906 SqFt
$ 3,499,000
Est. payment | /mo
9,906 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,906 sqft
Price per Sqft $353
MLS Listing ID CRSB25052868
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1962
Lot Size 0.299 Acres
Property Sub-Type Other
Property Description
Great investment opportunity! This well-maintained 14-unit apartment complex features all two-bedroom, one-bath units, offering a desirable layout for tenants. The property boasts a low-maintenance design with a recently refreshed exterior, including a new roof (2023), upgraded electrical panels (2024), and fresh exterior paint (2025). A shared laundry room is available for tenants, and the property includes 14 on-site parking spaces for resident use. Current CAP rate is 4.68% with a potential 8.04% CAP rate at market rents. Located directly across from Normandie Park. The complex is also ideally situated near major freeways and shopping centers. Balcony inspection has been completed, ensuring compliance with safety regulations. The property is subject to the city of Los Angeles RSO. Don't miss this turn-key investment in a high-demand rental market!
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Other
Exterior
View Greenbelt
Building
Lot Description Irregular Lot, Other
Water Public
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
GET MORE INFORMATION
Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227