United StatesCaliforniaLos AngelesWilshire Center Koreatown254 South Normandie Avenue

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...

Lyon Stahl Investment Real Estate, Inc.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.
$2,495,000
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688 m²
Exterior
Commercial
Property type
1957
Year Built
25534635
Web Id
25534635
MLS ID
Los Angeles Unified
School District
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

PROPERTY INFORMATION

Community Info
Gated

EXTERIOR

Construction
Stucco

ADDITIONAL INFORMATION

Number of Units
12
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.

Lyon Stahl Investment Real Estate, Inc.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.
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