Los Angeles, CA 90027,1736 N Normandie Avenue
Los Angeles, CA 90027,1736 N Normandie Avenue
Los Angeles, CA 90027,1736 N Normandie Avenue
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$2,695,000
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5,467 SqFt
Active

1736 N Normandie Avenue Los Angeles, CA 90027

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UPDATED:

03/11/2025 12:50 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,467 sqft

Price per Sqft $492

MLS Listing ID CL25505549

HOA Y/N No

Year Built 1957

Lot Size 6,906 Sqft

Acres 0.16

Property Sub-Type Other

Property Description

We are pleased to present the exclusive opportunity to acquire the Coral Reef Apartments, located at 1736 N Normandie Ave. The subject property is located just steps away from Hollywood Blvd and a short distance to the Hollywood/Western and Sunset/Vermont metro stations, ensuring a perpetually large pool of prospective tenants and rentability in the future. The property contains 8 fully remodeled one bedroom units, landlord-owned onsite laundry, a large pool with a barbecue area for tenants to enjoy, and covered parking. In addition, the Coral Reef Apartments boast great tenants in place with completed seismic retrofitting for the tuck under parking, reducing future capital expenditures and creating long-term investment stability. The option to add further value is available with one unit being delivered vacant. Additional value may be added through re-envisioning the pool and BBQ common areas, or the potential of adding an ADU. Located in one of LA's best neighborhoods, the Coral Reef Apartments are a great turn-key opportunity for a new buyer ready to step into larger buildings, or the discerning investor seeking out low-maintenance properties for their growing portfolio. Contact listing agents for more info.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Fireplace No

Laundry Community Facility

Building

New Construction No

Others

Tax ID 5589037009


Bridge MLS
Listed by Tadeh Minassian • Signature Fine Estates, Inc.

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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1736 N Normandie Avenue