525 N Normandie Ave, Los Angeles, CA 90004

The Normandie 6 was a newly built in 2021, leased 6-unit townhouse complex in prime East Hollywood, sitting atop Normandie Hill with 360 degree city views from it’s private balconies & rooftop decks and walking distance from beloved, local hotspots in the active neighborhood. This high demand rental brought our final buyer a 4.72% Cap Rate, with easy maintenance and little management. The Normandie 6 features (6) 3 Bed/3 Bath units with high ceilings, large balconies, in-unit washer & dryer, stainless steel appliances, private rooftop decks, private parking, and manicured landscaping. In addition to the impressive return, our investor will enjoy extreme desirability among renters for years to come. These luxury units define upscale urban living in a neighborhood that is experiencing tremendous growth and steady gentrification. (Sold/Brokered by Ikon Advisors)