4201 W Council Street, Los Angeles, CA 90004

• 8,677 sqft

Property Description

Huge 800k Price Reduction! 100% Fully Renovated 18-unit apartment building with permits cash flowing at an amazing 7.25% Cap Rate and 10.3 GRM from day 1! All units have already been leased at full market rents of over $2,500 per month on average providing an incredible cash flow. The offering provides investors with a unique opportunity to purchase a premium asset that was completely vacated and renovated. 201 N Normandie Avenue was built in 1923 and boasts 16 stylish apartment homes renovated in 2023 as well as 2 brand-new detached ADUs built in 2024. Ownership has conducted a complete property restoration with permits. It features an attractive unit composition of eighteen (18) spacious and well-designed One-Bedroom | One-Bathroom units. In all, 201 North Normandie Avenue features ~8,677 square feet of improvements on a collective ~7,700 square feet of land, zoned LAR3. The property is separately metered for gas and electrical utilities to further reduce operating costs. The property has seen a complete restoration, down to every inch. Overall systems were overhauled with a new roof, plumbing, and electrical systems were updated within the last couple of years with a new panel and wiring. Also, there are updated HVAC systems and new windows in each unit. When approaching the p

Listing Status:

Active

Date Added:

October 7, 2025 at 05:00AM

Listing Office:

Global Platinum Properties, Inc. : 424-394-1030

Listing Agent:

Armin Soleimani : 310-666-2246

MLS ID:

CL25602819

Interior

• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: None

Construction

• General: Stucco

Location

• County: Los Angeles

Lot

• Zoning: LAR35518004008

This listing courtesy of Armin Soleimani, Global Platinum Properties, Inc.