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Listed by: Julio Ruiz (818) 524-0706 DRE #01911261, Armin Soleimani DRE #01846872 | Global Platinum Properties, Inc. (424) 394-1030
$5,600,000
18 Beds
18 Baths
8,677sqft
4201 W Council St, Los Angeles, CA 90004
$5,600,000
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Multi Family
Built in 1923
$-- HOA
7,702 sqft lot
$645/sq.ft
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 eigh...
Continue Reading- Houzeo last checked: 4 Minutes ago
- Listing updated: December 10, 2025 at 8:18 am
- Source: California Regional MLS-CA | MLS#: 25624535
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1923
HOA Fees
-
Finished Area
8,677 sqft
Lot Size
7,702 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25624535
MLS Status
Active
Days on Market
16
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