We are pleased to offer for sale a four-unit apartment located at 2926 South Normandie Avenue. Positioned just one mile from the University of Southern California, three miles from the Staples Center, and LA Live, the property is located on South Normandie Avenue between West 29th Street and West 30th Street. The offering represents a unique buying opportunity to acquire an apartment building with a strong value-addpotential, ideal for owners that are looking for significant returns.
This two-story apartment consists of four units totaling 3,720 square feet on a 6,560 square foot parcel. The unit mix is comprised of two one-bedroom units, and two two-bedroom units. Due to its 1913 construction, the property is subject to Los Angeles rent control statutes.The subject property allows an investor to acquire a value-add apartment building in an infill location that has strong upside potential through interior and exterior renovation.Buyer to Verify Unit Configuration.