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Listed by Chieh-Jen Ma of CENTURY 21 MASTERS
Introducing an exceptional investment opportunity at 4252 and 4256 Normal Ave, Los Angeles. This property consists of two 4-plex buildings with 6,606 sq ft of living space on a secured gated 1,5000+ sq ft lot, offering 16 bedrooms and 8 bathrooms. Its size and layout hold great potential for investors and residents alike. One notable advantage is its location in an Opportunity Zone, providing tax benefits and incentives to investors. This makes it a highly appealing investment choice with the potential for long-term growth and increased returns. The neighborhood boasts several attractive features, including proximity to popular entertainment and cultural attractions such as the Hollywood Walk of Fame and Griffith Observatory. Residents will enjoy easy access to these iconic landmarks and a vibrant entertainment scene. The area is also home to renowned educational institutions like the Los Angeles City College, offering convenient access to quality education, a plus for families and individuals seeking educational opportunities or professional development. Moreover, the neighborhood offers a diverse culinary scene with an array of dining options ranging from local favorites to international cuisines. Residents can indulge in exploring various restaurants, cafes, and food establishments, enhancing the overall appeal of the area. Excellent connectivity through public transportation options like bus lines and metro stations adds to the property's allure. Commuting and exploring other parts of Los Angeles becomes convenient and efficient, catering to individuals who prefer alternative transportation methods. Investors should also consider the ongoing revitalization efforts in the area, leading to new businesses and improved infrastructure. This indicates potential future growth and increased property value, enhancing the investment potential. In summary, this property offers an attractive opportunity for investors seeking rental income and real estate wealth in Los Angeles. Its impressive size, Opportunity Zone location, proximity to entertainment, educational institutions, diverse culinary scene, excellent connectivity, and ongoing revitalization efforts make it a compelling choice. Sold together with 5539-014-016.

Property Details of 4252 Normal Avenue

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Based on information submitted to CRMLS as of December 5, 2023 11:52 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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