Homes for sale - 632 N Normandie AVE, Los Angeles, CA 90004

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Tim Alford & Faye Bon

homes@alfordbon.com +1(408) 832-7698

Listed by Elizabeth Maddox • Myunits.com Inc.

$ 3,490,000

Est. payment | -/mo

6,906 Sqft Lot

Save

$ 3,490,000

Est. payment | -/mo

Save

6,906 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRBB25020643

Style Contemporary

Originating Board California Regional MLS

Year Built 2024

Lot Size 6,906 Sqft

Property Sub-Type Fourplex

Property Description

632 N Normandie Ave is a fully leased fourplex offering an exceptional (and real) 6.24% cap rate and gross annual income of $290,784. Fully occupied by tenants under a fully managed room for rent model (COMPLETELY HANDS OFF FOR BUYERS!), the property benefits from consistent, reliable, and subsidized rental income. With built-in annual rent increases, management already in place, and a multi-year rental contract, this asset is poised to deliver substantial income for years with essentially no work or hassle. Sit back, collect rent, and watch this centrally-located property appreciate in value! 632 N Normandie Ave consists of four spacious, beautifully designed 4-bedroom, 4.5-bathroom tri-level townhome-style units in an outstanding location minutes from the center of Hollywood. The excellent location, combined with the modern construction and upscale finishes make these townhomes ultra-rentable in both the current model, as well as a standard rental model. These premium townhomes feature thoughtfully designed floorplans with large, tenant-friendly kitchens and living areas, as well as luxury touches, including designer tiles, stainless steel appliances, numerous balconies, modern cabinetry, ample closets, waterproof natural wood vinyl flooring, and abundant natural light throug

Location

State CA

County Los Angeles

Area C20 - Hollywood

Rooms

Kitchen Dishwasher, Microwave, Oven Range - Gas, Refrigerator, Oven - Electric

Interior

Heating Central Forced Air

Cooling Central AC

Laundry 30, Washer, Dryer, 9

Exterior

Parking Features Assigned Spaces

Garage Spaces 8.0

Pool 31, None

View Local/Neighborhood, City Lights

Building

Story Three or More Stories

Water District - Public

Architectural Style Contemporary

Others

Tax ID 5520003045

Special Listing Condition Not Applicable

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Tim Alford & Faye Bon

REALTOR® | Lic# 01507448 | 01746037

homes@alfordbon.com

+1(408) 832-7698

518 N Santa Cruz Ave, Los Gatos, CA, 95030, USA

632 N Normandie AVE Los Angeles, CA 90004

Tim Alford & Faye Bon

Key Details

Location

Rooms

Interior

Exterior

Building

Others

632 N Normandie AVE