1736 N Normandie Avenue, Los Angeles, CA 90027 - Berkshire Hathaway HomeServices California Properties

1736 N Normandie Avenue, Los Angeles, CA 90027

$2,595,000 Approx. USD 8 beds, 8 baths
5,467 sqft

Reduced by $100,000 on 4/3/2025

Listing Agent


Tadeh Minassian | tadeh@sigcre.net
Lic#: 01960390
Broker: Courtesy of Signature Fine Estates, Inc.

Co Listing Agent


Estepan Kechichian | estepankechichian@gmail.com
Lic#: 01949970
Broker: Courtesy of Signature Fine Estates

Agent Remarks

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. The option to add further value is available with one unit being delivered vacant. 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25505549
List price is $2,595,000 Reduced by $100,000 on 4/3/2025
Price: $2,595,000
Beds: 8
Baths: 8
Built in 1957
5,467 sqft
2 stories
0.16 acres
Lot size: 0.1585
County: Los Angeles
Zoning: LAR3
Parking description: Carport
MLS area: C20 - Hollywood

Last Updated: 4/3/2025

 Days On Market (DOM): 38

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This listing belongs to the C20 - Hollywood MLS area

Lat/Long: 34.102825, -118.300230.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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