1736 N Normandie Avenue
Los Angeles, CA 90027
Listing provided courtesy of: Signature Fine Estates, Inc.
Property Description
We are pleased to present the exclusive opportunity to acquire the Coral Reef Apartments, located at 1736 N Normandie Ave. The subject property is located just steps away from Hollywood Blvd and a short distance to the Hollywood/Western and Sunset/Vermont metro stations, ensuring a perpetually large pool of prospective tenants and rentability in the future. The property contains 8 fully remodeled one bedroom units, landlord-owned onsite laundry, a large pool with a barbecue area for tenants to enjoy, and covered parking. In addition, the Coral Reef Apartments boast great tenants in place with completed seismic retrofitting for the tuck under parking, reducing future capital expenditures and creating long-term investment stability. Additional value may be added through re-envisioning the pool and BBQ common areas, or the potential of adding an ADU. Located in one of LA's best neighborhoods, the Coral Reef Apartments are a great turn-key opportunity for a new buyer ready to step into larger buildings, or the discerning investor seeking out low-maintenance properties for their growing portfolio. Contact listing agents for more info.
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Features:
Carport Fenced, In Ground
| Price: | $2,595,000 |
| Beds: | 8 |
| Baths: | 8 |
| Interior (SQFT): | 5,467 |
| Lot Size (SQFT): | 6,970 |
| Property Type: | Residential Income |
| Year Built: | 1957 |
Listing provided courtesy of: Signature Fine Estates, Inc.. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Based on information from California Regional MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © 2025 by California Regional MLS. All rights reserved. Listing last updated on 05/13/2025 15:16:47
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