Investment Overview

Marcus & Millichap is pleased to exclusively present for purchase a six-unit apartment building located in a desirable business corridor of Wilshire Center and Koreatown neighborhoods located at 216 N Normandie Ave. This offering consists of two-story building boasting approximately 4,156 square feet of improvements on a 5,999 square feet lot zoned LAR3. The subject property has been constructed in 1948and consists of all one-bedroom one-bathroom units. Tenants in this neighborhood enjoy the proximity to major employers, recreational parks, and a wide array of culinary, entertainment, and cultural attractions. Additionally, this investment opportunity offers quick access to Highway 101 and transportation routes such as the Metro Red and Purple lines. Residents at this location can easily commute to neighboring communities including Hollywood, Los Feliz, Silver Lake, and Echo Park. This opportunity will allow savvy investors to capitalize on existing cash-flow and add value along the way.