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The Normaine

$3,825,000

Property Details

Year Built: 1956
Units: 20
Price / Unit: $191,250
Price / SqFt: $246.46
CAP: 3.24%
GRM: 15.62

Executive Summary

  • True Value-Add Opportunity
  • Potential Rental Upside of Over Thirty-Five Percent
  • Centrally Located in Los Angeles’ East Hollywood Neighborhood, An Emerging Market Experiencing Rapid Gentrification
  • Walking Distance to Metro’s Vermont/Santa Monica Station
  • Eighteen On-Site Parking Spaces – One Uncovered, Three Tandem and Eleven Covered
  • Separately Metered Gas and Electric
  • Mostly All One Bedroom Units
  • Diverse Community Boasting Distinct Cultural Diversity and Old Word Charm

Property Location

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