We are pleased to present the opportunity to acquire 4307 S. Normandie Avenue, an 8-unit multifamily property located in the Vermont Square neighborhood of South Los Angeles. Built in 1924, this one-story building sits on a 6,447 square foot lot with 3,640 square feet of rentable space and consists of (8) 1bed/1Bath units. The property boasts an average rent of $1,287/unit and roughly 40% in rental upside to be captured in the future. All units have individual trash bins, all units are separately metered for gas and electricity and tenants’ benefit from a gated entrance. The property is professionally managed and well maintained. Buyers are encouraged to verify accuracy of building records and data. Located north of West Vernon Avenue and east of South Western Avenue, the subject property is walking distance to multiple public transportation stops at the corner of South Normande Ave and West Vernon Avenue. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.
Property Details
Price:
$1,285,000
MLS #:
24422513
Status:
Active Under Contract
Baths:
0
Address:
4307 S Normandie Avenue
Type:
Residential Income
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Aug 1, 2024
State:
CA
ZIP:
90037
Lot Size:
6,449 sqft / 0.15 acres (approx)
Year Built:
1924
See this Listing
Mortgage Calculator
Schools
Interior
Heating
Wall Furnace
Exterior
Parking Features
None
Parking Spots
0.00
Stories Total
1
Financial
Map
Community
- Address4307 S Normandie Avenue Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Similar Listings Nearby
- 1056 S Serrano Avenue
Los Angeles, CA$1,650,000
3.21 miles away
- 432 W 107th Street
Los Angeles, CA$1,650,000
4.67 miles away
- 4801 S Normandie Avenue
Los Angeles, CA$1,650,000
0.33 miles away
- 1026 W 24th Street
Los Angeles, CA$1,650,000
2.12 miles away
- 2700 James M Wood Boulevard
Los Angeles, CA$1,650,000
3.60 miles away
- 2018 W 39th Street
Los Angeles, CA$1,650,000
1.20 miles away
- 1740 S Rimpau Boulevard
Los Angeles, CA$1,650,000
3.56 miles away
- 2743 James M Wood Boulevard
Los Angeles, CA$1,649,900
3.62 miles away
- 735 E 82nd Street
Los Angeles, CA$1,649,500
3.53 miles away
- 1049 S Stanley Avenue
Los Angeles, CA$1,649,000
4.88 miles away
Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
4307 S Normandie Avenue
Los Angeles, CA
LIGHTBOX-IMAGES