CLOSED ESCROW – 1/7/2021
3 Units in USC Patrol Zone (Adams-Normandie)
(Los Angeles, Ca)
2710 S. Normandie Ave is in the highly desirable Adams- Normandie neighborhood located in the City of Los Angeles, Ca within the USC DPS Patrol Zone one mile from campus. This well situated 3 unit property offers an investor and/or owner-occupier to acquire a quality investment in a strong student rental market.
The subject property is comprised of two separate buildings with two units in the front and one unit in the rear. The unit mix consists of (1) 4/2 and (2) 1/1 units with one unit remodeled and currently vacant for immediate occupancy. There is also a possibility to convert a fourth unit downstairs. All other tenants are MTM. The building was built in 1924 with a total size of 2,928 SF, sitting on a large 6,012 SF lot zoned LA- R1.5. Property is Subject to City of Los Angeles Rent Control.
Prime Location in Los Angeles near West Adams, 1 Mile to USC, Expo Park, Downtown LA, Staples Center, LA Live, Metro Expo Line, 10/110 Freeways, Restaurants, & Shops.