Vacant-Delivery
2710 South Normandie Avenue Los, Los Angeles, CA 90007
For Sale
$1,199,000
All three residences are scheduled for delivery without occupants at closing.
Property Size2,928 SF
Lot Size0.14 Acres
Price / SF$409.49
Days on Market37
Property Features for 2710 South Normandie Avenue Los
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Buildings
Stories
Listing Agency:
Century 21 Allstars
Listed By:
Alberto Meza · License CA #02201262
(562) 359-6674
Source:
Kw
Added: Oct 9
Changed: Nov 12
Last Checked: Nov 12 at 12:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstars
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Investment Insights
Based on property information with market context.
This triplex comprises three residences across two buildings. The front residence has 4 bedrooms and 2 bathrooms; an upstairs 1-bedroom, 1-bathroom unit has been remodeled, and a detached rear residence also has 1 bedroom and 1 bathroom. The property was built in 1924 and contains approximately 2,928 square feet on a 6,012-square-foot lot. Zoning is LA-R1.5. All three units are to be delivered vacant at close of escrow.
The property is on South Normandie Avenue in Los Angeles, with access to the University of Southern California, Exposition Park, West Adams, Downtown Los Angeles, the Metro E Line, major freeways, dining, shopping, and entertainment. Crypto.com Arena and L.A. LIVE are also among the named destinations in the surrounding area.
The property is on South Normandie Avenue in Los Angeles, with access to the University of Southern California, Exposition Park, West Adams, Downtown Los Angeles, the Metro E Line, major freeways, dining, shopping, and entertainment. Crypto.com Arena and L.A. LIVE are also among the named destinations in the surrounding area.
Key Highlights
- Three residences distributed between two buildings
- Front unit: 4 bedrooms and 2 bathrooms
- Remodeled upstairs unit and detached rear unit, each with 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,133
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,022,660
$1.0M
Cap Rate 7%
$730,471
$730.5K
Cap Rate 9%
$568,144
$568.1K
Market Conditions
NOI Build-Up for 2,928 SF
Gross rent
$79.1K $27.00/SF
− Vacancy
−$6.0K −$2.05/SF
EGI
$73.0K $24.95/SF
− OpEx
−$21.9K −$7.48/SF
NOI
$51.1K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,022,660
Cap Rate 7%
$730,471
Cap Rate 9%
$568,144
Alternative Uses
Best Use
Multifamily LT 5
$730.5K
$639.2K – $852.2K
NOI $51,133 @ 7.0% cap · market cap 4.26%
Second Best
Apartment 5plus
$673.1K
$588.9K – $785.2K
NOI $47,114 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,573 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,893
Businesses Nearby
Explore this area
Business Placement
Demographics for 90007, CA
40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Los Angeles, CA
Properties on Market for Triplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - All three residences are scheduled for delivery without occupants at closing.
Where is this triplex located?
The property is located at 2710 South Normandie Avenue Los Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Three residences distributed between two buildings; Front unit: 4 bedrooms and 2 bathrooms; Remodeled upstairs unit and detached rear unit, each with 1 bedroom and 1 bathroom
