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732 S Normandie Ave, Los Angeles, CA 90005
$4,100,000
732 S Normandie Ave, Los Angeles, CA 90005View this property at 732 S Normandie Ave, Los Angeles, CA 90005
732 S Normandie AveLos AngelesCA90005
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Property Description
Prime location and high cash flow, the Kent Apartments enjoy an enviable location that puts the best of the Koreatown district at your fingertips. The building has 38 units. the steady stream of rental income is just the beginning, as the Kent Apartments also offer substantial upside in rents. This is a great investment for those investors seeking to enhance their portfolio's value while enjoying stable returns. The Kent Apartments stand as an iconic cornerstone in Koreatown's thriving landscape. With its prime location, historical significance, and future potential, this property encapsulates the essence of what makes this district a sought-after haven for investors. A blend of history, modernity, and financial promise converge at the Kent Apartments, inviting investors to partake in a truly unique and rewarding opportunity. Kent Apartments are 38 units operating as 37 on-site manager occupies 2 units. Seller motivated, major price reduction.
Full Property Details
Full Property Details for 732 S Normandie Ave
General
- Sold For: $4,100,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-301953
- Added to Site: 262 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 38
Bedrooms
- Total Bedrooms: 9
Additional Information
- Other Features: None
Parking
- Garage Description: None
Location
- Area: Mid-Wilshire
- County: Los Angeles
- Driving Directions: south of Wilshire east of Western
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 5
- Square Feet: 22,556
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1927
- Year Built Source: Assessor
Unit Information
- Units in Complex: 38
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1726
- Lot Size: 7518
- Lot Size Source: Assessor
- Zoning: LAR5
Financial Considerations
- Price Per Sq. Ft.: $226.1
- Assessment Year: 1927
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5094-005-017
Listed and Sold by NAI Capital, Inc., Michael Dixon
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Schools
Schools serving 732 S Normandie Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
Mariposa-Nabi Primary Center
987 S Mariposa Ave, Los Angeles, CA 90006 | K-2 | 0.4 mi | |
980 S Hobart Blvd, Los Angeles, CA 90006 | K-5 | 0.5 mi | |
1157 S Berendo St, Los Angeles, CA 90006 | 6-8 | 0.7 mi | |
701 S Catalina St, Los Angeles, CA 90005 | 9-12 | 0.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 732 S Normandie Ave
Date
Details
Price
Change
Source
11/28/2023
Sold
$4,100,000
-19.61%
MLS
10/18/2023
Price Reduced
$5,100,000
-16.39%
MLS
8/15/2023
Listed
$6,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
732 S Normandie Ave, Los Angeles, CA 90005 (MLS# 23-301953) is a Multi-Family property that was sold at $4,100,000 on November 28, 2023. Want to learn more about 732 S Normandie Ave? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.