Live in one unit while generating income from the others! Buyer incentives are available, including rate buydown options through our preferred lender for qualified buyers, subject to lender approval and negotiated terms. Exceptional 4-unit Los Angeles income opportunity at 4150 S Normandie Ave. The property features two spacious upper units… Read More with 5 bedrooms and 5 bathrooms each, plus two lower units with 5 bedrooms and 3 bathrooms each. Currently, two of the four units are occupied, while the remaining two are vacant, offering immediate flexibility for owner occupancy or lease-up. Reported monthly rental rates are approximately $4,800 each for two units and $3,590 each for the other two units, representing a potential gross rental income of $16,780 per month ($201,360 annually) at full occupancy, subject to verification. The combination of large unit configurations, existing rental income, and available vacant units creates an attractive opportunity for investors or owner-occupants seeking a multifamily property with additional income potential. Conveniently located in Los Angeles with access to major employment centers, entertainment, education, and transportation. Read Less
Property listed by The Dana Real Estate & Investments Inc., MEZDAN MOTA 310-806-1893
Listing Snapshot
Days Online
24
Last Updated
Property Type
Quadruplex
Lot Size
0.14 Acres
Year Built
2020
MLS Number
IV26215195
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator
Building
Built in 2020, 2 buildings, 2 stories, Entry level: 0, Entry location: 0
Community
Urban
Cooling
WallWindowUnits
Expenses
Operating: $30,000
Fireplaces
None
Floors
Vinyl, Wood
Garage
8 spaces
Heating
ForcedAir, NaturalGas
Income
Gross Income: $96,000, Gross ScheduledIncome: $24,000, Net Operating Income: $66,000
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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