
1736 N Normandie Ave Los Angeles, CA 90027
Los Feliz NeighborhoodEstimated payment $16,803/month
Highlights
- In Ground Pool
- John Marshall Senior High Rated A
- Laundry Facilities
About This Home
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.
Co-Listing Agent
Estepan Kechichian
License #01949970
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 6,906 Sq Ft Lot
Interior Spaces
- 5,467 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Parking
- 6 Parking Spaces
- Carport
Pool
- In Ground Pool
- Fence Around Pool
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
Community Details
- 8 Units
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 5589-037-009
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/02/2025 04/02/25 | Price Changed | $2,595,000 | -3.7% | $475 / Sq Ft |
03/10/2025 03/10/25 | Price Changed | $2,695,000 | -6.9% | $493 / Sq Ft |
03/03/2025 03/03/25 | For Sale | $2,895,000 | -- | $530 / Sq Ft |
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