148 S Normandie AVE Los Angeles, CA 90004
7 Beds
6 Baths
3,559 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,559 sqft
Price per Sqft $491
MLS Listing ID PF26151135
Bedrooms 7
Full Baths 6
HOA Y/N No
Year Built 1942
Lot Size 5,945 Sqft
Property Sub-Type Quadruplex
Property Description
designation, unlocking massive density bonuses, increased FAR, and reduced parking requirements for a future luxury residential complex.
Positioned within an official Qualified Opportunity Zone (QOZ), the property offers incoming investors substantial tax incentives and capital gains
deferrals. Located in the highly desirable Wilshire Center/Koreatown submarket (90004), 148 S Normandie Ave is situated on a prime ±5,944 sq.
ft. corner lot, perfectly pairing stable immediate cash flow with massive development upside. Operational flexibility with the current tenants are on Month-to-Month leases, delivering a frictionless path for a developer looking to break ground or a value-add buyer looking to immediately capture
true market-rate stabilization. Owner overhead is kept low, as all units are individually metered for electricity and gas, strictly limiting utility
exposure. Do not miss this secure, low-overhead wealth preservation vehicle in one of Los Angeles' most supply-constrained rental markets!
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Rooms
Main Level Bedrooms 8
Interior
Cooling See Remarks
Fireplaces Type See Remarks
Fireplace Yes
Laundry See Remarks
Exterior
Parking Features Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights, Sidewalks
View Y/N No
View None
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Dwelling Type Quadruplex
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5518006007
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Special Listing Condition Standard
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