4140 NORMAL Avenue Los Angeles, CA $ 3,850,000
4140 NORMAL Avenue
$ 3,850,000
Recently Listed

4140 NORMAL Avenue Los Angeles, CA, 90029

$ 3,850,000
Bedrooms Baths0.0

Monthly Estimate*

$ 14,927

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4140 NORMAL Avenue, Los Angeles, CA 90029 - Image 1
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Single Family Home for sale in Los Angeles, CA

for $3,850,000. This home was built in 1923 on a lot size of 0.3559 Acre(s).

Built in 1923, this twelve-unit bungalow style property is located on a large lot totaling 15, 501 SF in the Virgil Village neighborhood, on the border of East Hollywood and Silver Lake. The three buildings feature eightbungalow-style one-bedroom units as well as a four-unit structure in the rear of the lot. This offering presents an investor the opportunity to capture the 38% rental upside through renovations when the units turn, as well as being located in the newly established Opportunity Zone.Many of the units have been recently renovated with new bathrooms, kitchens with quartz counter tops and stainless steel appliances, new flooring, and design-friendly lighting. Each unit has a private home feel, including private outdoor space, secure entry, and a landscaped courtyard for tenants to enjoy. All units have dual entrances and all renovated units have their own washer and dryer inside the unit.

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Single Family Active

Price

$ 3,850,000

Property Type

Single Family

Lot Size

0.3559 Acre(s)

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

18414224

Features
Interior
Appliances Dishwasher Other
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Exterior
Garage Uncovered
Parking Parking
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* Excluded Features
List By

Listing Agent

Marcus & Millichap

Broker


Affordability

$ 14,927 per month
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Monthly Principal & Interest
$14,927
Monthly Property Taxes
--
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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4140 NORMAL Avenue, Los Angeles, CA, 90029 is a Single Family Home for sale at $3,850,000 with a lot size of 0.3559 Acre(s). 4140 NORMAL Avenue has 0.0 baths and was built in 1923. The property's zip code is 90029 which is in Los Angeles, CA