NEWLY LEASED!!!

GREAT CAP RATE!!! Welcome to an exceptional multifamily building situated in the heart of East Hollywood, Los Angeles. This newly constructed property comprises three distinct units, offering a unique blend of roomy layouts and modern amenities. Two of the units boast an impressive 5-bedroom, 5-bathroom configuration, catering to both first-time homebuyers and astute investors. The third unit features a comfortable 3-bedroom, 2-bathroom layout, providing a versatile living space. Natural light floods the open-concept living and kitchen space, offering panoramic views of palm trees, the iconic Hollywood sign and glimpses of the downtown skyline. The kitchen features a spacious island, perfect for hosting gatherings and adding an inviting touch to the space. This modern multifamily building is not visually appealing but also equipped with top-of-the-line amenities.

Each unit is furnished with brand-new appliances, in-unit laundry for added convenience and contemporary bathroom lig hting fixtures. Two assigned parking spots are included with each unit, ensuring hassle-free parking.The property's versatility makes it ideal for various lifestyles whether you're in search of a spacious family home, a comfortable space for co-living with roommates or a lucrative investment opportunity to offset your mortgage by renting to friends and family. Beyond the walls of this splendid property, residents will enjoy a prime location with an outstanding walk score. Countless restaurants and shops are steps away, ensuring effortless daily errands. Additionally, the vibrant nightlife, theaters and entertainment options in the vicinity guarantee there's always something exciting to do.Don't miss out on this extrordinary opportunity. Whether you're looking for your dream residence or a promising investment, this multifamily building in East Hollywood has it all. Contact us today to schedule a viewing and seize this exceptional property in one of Los Angeles' most sought-after neighborhoods.

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on 315 N Normandie Ave
in Los Angeles, CA
Presented by Robby Fields at
COMPASS.


Property MLS #24-408277 from TheMLSCLAW

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 13

+ Bathrooms

Total Bathrooms: 12
Full Bathrooms: 12

+ Heating and Cooling

Cooling Features: Central
Heating Features: Central

+ Garage and Parking

Covered Spaces: 2
Garage Description: Assigned, Driveway
Parking Total: 6

+ Land Info

Lot Size Acres: 0.1033058
Lot Size Dimensions: 53x135
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4500

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 1
Number of Units: 3
Unit Features: 1 BedsTotal: 5, 1 BathsTotal: 5, 1 SquareFeet: 5000, 2 BedsTotal: 5, 2 BathsTotal: 5, 2 SquareFeet: 5000, 3 BedsTotal: 3, 3 BathsTotal: 2, 3 SquareFeet: 3500

+ Other Property Info

Source Listing Status: Active
County: Los Angeles
Directions: Google maps
Source Property Type: Residential Income
Area: Mid-Wilshire
Source Neighborhood: Mid-Wilshire
Parcel Number: 5520-026-011
Postal Code Plus 4: 4405
Zoning: LAR3
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$127377 + $509511 $636888	$7727
2021	$124880 + $499521 $624401	$7630
2020	$27007 + $229626 $256633	$3371
2019	$26478 + $225124 $251602	$3245
2018	$25959 + $220710 $246669	$3142
2017	$25450 + $216383 $241833	$3077
2016	$24951 + $212141 $237092	$3001
2015	$24577 + $208955 $233532	$2959
2014	$24096 + $204862 $228958	$2979
2013	$23988 + $203937 $227925	$2974
2012	$23518 + $199939 $223457	$3012
2010	$23057 + $196019 $219076	$2957
2009	$22940 + $195018 $217958	$2847
2009	$22885 + $194555 $217440	$2847
2008	$22491 + $191195 $213686	$2729
2007	$22050 + $187447 $209497	$2641

+ Reveal Property Sale History

Listing removed 2024-06-26
$0
TheMLSCLAW

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Listed 2024-06-25
$2390000
TheMLSCLAW

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Price Changed 2024-06-12
$2390000
TheMLSCLAW

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Listing removed 2024-04-10
$0
TheMLSCLAW

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Relisted 2024-04-09
$2394999
TheMLSCLAW

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Price Changed for rent 2024-03-22
$3250
TheMLSCLAW

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Listed for rent 2024-03-07
$3500
TheMLSCLAW

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Listing removed 2024-03-06
$0
TheMLSCLAW

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Listing removed 2024-02-28
$0
TheMLSCLAW

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Price Changed 2024-02-02
$2394999
TheMLSCLAW

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Relisted 2023-12-12
$599000
TheMLSCLAW

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Listed 2023-12-12
$2395000
TheMLSCLAW

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Listing removed 2023-12-07
$0
TheMLSCLAW

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Relisted 2023-11-17
$599000
TheMLSCLAW

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Listing removed 2023-11-15
$0
TheMLSCLAW

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Listed 2023-09-30
$599000
TheMLSCLAW

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Sold 2020-06-09
$618000
ITECH

+ Commercial Info

Net Operating Income: 127200

+ Building and Construction

Total Square Feet Living: 3908
Year Built: 2023
Levels: Multi Levels
Living Area Source: Builder
New Construction: Yes
Property Age: 1
Levels or Stories: 3
Building Total Stories: 3
Year Built Source: Builder

+ Home Features

Other Equipment: Ceiling Fan, Dishwasher, Dryer, Washer, Range/Oven, Refrigerator, Microwave

+ Display Complete School Details

Alexandria Avenue Elementary School is a public elementary school located approximately 0.1 miles away.
Map directions

Virgil Middle School is a public middle school located approximately 0.6 miles away.
Map directions

Belmont Senior High School is a public high school located approximately 2.4 miles away.
Map directions

Beverly Christian Academy, Inc. is a private elementary school located approximately 0.3 miles away.
Map directions