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$2,695,000
Est. payment /mo
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

© 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.
Listed by Tadeh Minassian • Signature Fine Estates, Inc.
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