254 South Normandie Avenue 254 South Normandie Avenue Los Angeles, California 90004 United States
$2,495,000
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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...
- 688 m²
- Exterior
- Commercial
- Property type
- 1957
- Year Built
- 25534635
- Web Id
- 25534635
- MLS ID
- 5
- days ago
About 254 South Normandie Avenue
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.
Listing Courtesy of Mark Ventre, Lyon Stahl Investment Real Estate, Inc., 01811490, Active
Listing Courtesy of Mark Ventre, Lyon Stahl Investment Real Estate, Inc., 01811490, Active
PROPERTY INFORMATION
- Community Info
- Gated
EXTERIOR
- Construction
- Stucco
ADDITIONAL INFORMATION
- Number of Units
- 12
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.
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