Homes for sale - 254 S Normandie Ave, Los Angeles, CA 90004

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John Herkenrath

johnherkenrath@epiquerealty.com +1(310) 221-2910

$2,495,000

Est. payment - /mo

8 Beds

12 Baths

7,552 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,552 sqft

Price per Sqft $330

MLS Listing ID 25534635

Bedrooms 8

Year Built 1957

Lot Size 7,503 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

Le Roi is a boutique, twelve-unit apartment community strategically located between Wilshire Boulevard and 6th Street in Koreatown, one of Los Angeles' most walkable and transit-connected neighborhoods. Le Roi offers stable in-place income with significant value-add potential, supported by approximately 40% rental upside through the repositioning of units with legacy tenants. Six units have already been fully renovated to luxury standards, establishing a proven framework for future renovations and rent growth. Residents benefit from immediate proximity to major retail centers, grocery stores, dining options, and Metro transit lines. Le Roi consists of twelve spacious apartment units situated within a 7,552-square-foot building atop an 8,136-square-foot lot. The community features a mix of studio and one-bedroom floorplans, with six residences recently upgraded with hardwood style flooring, designer kitchens equipped with stainless steel appliances including gas ranges, dishwashers and refrigerators, hotel-style bathrooms with deep soaking tubs, and energy-efficient air conditioning. The building has received exterior enhancements, including a fresh paint finish, while retaining its mid-century architectural character.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Interior

Heating Wall Gas

Laundry Community

Exterior

Garage Spaces 11.0

Roof Type Composition Shingle

Building

Story 2

Structure Type Stucco

Others

Special Listing Condition Standard

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Listed by Lyon Stahl Investment Real Estate, Inc.

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

254 S Normandie Ave Los Angeles, CA 90004