Updated 4-Unit
2701 Normandie Ave Los Angeles, CA 90007
2701 Normandie Ave, Los Angeles, CA, 90007
Contact for pricing
For Sale
Contact for pricing
Pending
Updated legal 4-unit quadplex with individually metered utilities, fenced corner lot, and 6 on-site parking spaces.
Lot Size0.15 Acres
Days on Market103
Property Features for 2701 Normandie Ave
General Information
- Standard status
- Pending
- Lot size
- 0.15 Acres
- Property subtype
- Multifamily
Listing agency
Centennial Advisers
Listed by
Tom Watkins · License #CA 01754440
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 10:18PM Checked: Jul 22 at 8:17AM
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Investment Insights
Based on property information with market context.
This property is a legal 4-unit quadplex made up of two separate buildings. One building (2701 S. Normandie Ave) is described as a duplex with 3 bedrooms and 1 bath in each unit, while the other building (1714 W 27th Street) is described as a duplex with 2 bedrooms and 1 bath in each unit. Units are individually metered for gas and electricity and include individual water heaters. Updates and improvements referenced include electrical, sewer, copper plumbing, and a newer roof. Interiors feature security doors, storage, and newer quartz countertops in the kitchens, with ceiling fans in every bedroom, and security bars on windows. The property is fully fenced.
The buildings sit on a corner lot with 6 on-site parking spaces and additional street parking. The public record is shown as a 3-unit property, while the offering states it is legally a 4-unit with permits. Located near USC, the listing is DRIVE-BY ONLY; please do not disturb occupants. Current operations are described at a 16.2 GRM and 4.2% cap rate, with projected upside cited as 106% in rent, aiming for a GRM of 8.0 and a pro forma cap rate of 10.1%.
The buildings sit on a corner lot with 6 on-site parking spaces and additional street parking. The public record is shown as a 3-unit property, while the offering states it is legally a 4-unit with permits. Located near USC, the listing is DRIVE-BY ONLY; please do not disturb occupants. Current operations are described at a 16.2 GRM and 4.2% cap rate, with projected upside cited as 106% in rent, aiming for a GRM of 8.0 and a pro forma cap rate of 10.1%.
Key Highlights
- Legal 4‑unit property on a 6,741 SF corner lot near USC (2 separate buildings: 2701 S. Normandie Ave and 1714 W 27th St).
- Unit mix: two 3BR/1BA duplex units (2701 S. Normandie Ave) plus two 2BR/1BA duplex units (1714 W 27th St).
- Updated with electrical, sewer, copper plumbing, and a newer roof.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Updated legal 4-unit quadplex with individually metered utilities, fenced corner lot, and 6 on-site parking spaces.
Where is this quadplex located?
The property is located at 2701 Normandie Ave Los Angeles, CA.
What are key features of this property?
This property features: Legal 4‑unit property on a 6,741 SF corner lot near USC (2 separate buildings: 2701 S. Normandie Ave and 1714 W 27th St).; Unit mix: two 3BR/1BA duplex units (2701 S. Normandie Ave) plus two 2BR/1BA duplex units (1714 W 27th St).; Updated with electrical, sewer, copper plumbing, and a newer roof.
