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4252 Normal Avenue

Los Angeles (City), CA 90029
  • $3,580,000
  • STATUS: Active
  • ON SITE: 158 Days
  • ID#: CV23114424
UPDATED: 63 min ago
$3,580,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Listing Agent(s): Chieh-Jen Ma of Century 21 Masters (800-463-0977)


Description

Introducing an exceptional investment opportunity at 4252 and 4256 Normal Ave, Los Angeles. This property consists of two 4-plex buildings with 6,606 sq ft of living space on a secured gated 1,5000+ sq ft lot, offering 16 bedrooms and 8 bathrooms. Its size and layout hold great potential for investors and residents alike.One notable advantage is its location in an Opportunity Zone, providing tax benefits and incentives to investors. This makes it a highly appealing investment choice with the potential for long-term growth and increased returns.The neighborhood boasts several attractive features, including proximity to popular entertainment and cultural attractions such as the Hollywood Walk of Fame and Griffith Observatory. Residents will enjoy easy access to these iconic landmarks and a vibrant entertainment scene.The area is also home to renowned educational institutions like the Los Angeles City College, offering convenient access to quality education, a plus for families and individuals seeking educational opportunities or professional development.Moreover, the neighborhood offers a diverse culinary scene with an array of dining options ranging from local favorites to international cuisines. Residents can indulge in exploring various restaurants, cafes, and food establishments, enhancing the overall appeal of the area.Excellent connectivity through public transportation options like bus lines and metro stations adds to the property's allure. Commuting and exploring other parts of Los Angeles becomes convenient and efficient, catering to individuals who prefer alternative transportation methods.Investors should also consider the ongoing revitalization efforts in the area, leading to new businesses and improved infrastructure. This indicates potential future growth and increased property value, enhancing the investment potential.In summary, this property offers an attractive opportunity for investors seeking rental income and real estate wealth in Los Angeles. Its impressive size, Opportunity Zone location, proximity to entertainment, educational institutions, diverse culinary scene, excellent connectivity, and ongoing revitalization efforts make it a compelling choice. Sold together with 5539-014-016.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/141008465
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4252 Normal Avenue Los Angeles (City), CA 90029

  • Price: $3,580,000
  • Status: Active
  • On Site: 158 Days
  • Updated: 63 min ago
  • ID#: CV23114424
0
Beds
0
Baths
0
½ Baths
0.36
Acres
1922
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
Introducing an exceptional investment opportunity at 4252 and 4256 Normal Ave, Los Angeles. This property consists of two 4-plex buildings with 6,606 sq ft of living space on a secured gated 1,5000+ sq ft lot, offering 16 bedrooms and 8 bathrooms. Its size and layout hold great potential for investors and residents alike.One notable advantage is its location in an Opportunity Zone, providing tax benefits and incentives to investors. This makes it a highly appealing investment choice with the potential for long-term growth and increased returns.The neighborhood boasts several attractive features, including proximity to popular entertainment and cultural attractions such as the Hollywood Walk of Fame and Griffith Observatory. Residents will enjoy easy access to these iconic landmarks and a vibrant entertainment scene.The area is also home to renowned educational institutions like the Los Angeles City College, offering convenient access to quality education, a plus for families and individuals seeking educational opportunities or professional development.Moreover, the neighborhood offers a diverse culinary scene with an array of dining options ranging from local favorites to international cuisines. Residents can indulge in exploring various restaurants, cafes, and food establishments, enhancing the overall appeal of the area.Excellent connectivity through public transportation options like bus lines and metro stations adds to the property's allure. Commuting and exploring other parts of Los Angeles becomes convenient and efficient, catering to individuals who prefer alternative transportation methods.Investors should also consider the ongoing revitalization efforts in the area, leading to new businesses and improved infrastructure. This indicates potential future growth and increased property value, enhancing the investment potential.In summary, this property offers an attractive opportunity for investors seeking rental income and real estate wealth in Los Angeles. Its impressive size, Opportunity Zone location, proximity to entertainment, educational institutions, diverse culinary scene, excellent connectivity, and ongoing revitalization efforts make it a compelling choice. Sold together with 5539-014-016.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 8 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Street Lights Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features In Garage Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 8 Operating Expense 0 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371629987-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371629987-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371629987-2.jpg
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Chieh-Jen Ma of Century 21 Masters (800-463-0977)