Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90004 254 S Normandie Avenue

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Presented By: Mark Ventre with Lyon Stahl Investment Real Estate, Inc.;
  • MLS# 25534635
  • 05/05/2025
  • Request Tour
  • Request Info
  • SQFT • 7,552
  • Year Built • 1957

Home Details

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.
Presented By: Mark Ventre with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 254 S Normandie Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

General for 254 S Normandie Avenue

Additional Parcels Y/NNo
Attached Garage No
Building NameLe Roi
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
Construction MaterialsStucco
CountyLos Angeles
DirectionsJust west of Vermont Ave and north of 3rd St
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet7503.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income123384.0
New ConstructionNo
Number Of Units Total12
Possible UseMultiFamily
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Virtual TourClick here
Year Built1957
ZoningLAR4

Exterior for 254 S Normandie Avenue

Building Area Total7552.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1722
Lot Size Area7503.0
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking11.0
WaterfrontY/NNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $2,495,000
MLS#25534635
List Date 05/05/2025
Property Type Commercial
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