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254 S Normandie Avenue

Los Angeles (City), CA 90004
  • $2,495,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 25534635
UPDATED: 55 min ago
$2,495,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Mark Ventre of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-17T16:31:34.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/163382154
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254 S Normandie Avenue Los Angeles (City), CA 90004

  • Price: $2,495,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 55 min ago
  • MLS #: 25534635
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1957
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
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.
Exterior Features

Construction Materials Stucco Parking Total 11

Property Features

Association Fee 0 Building Name Le Roi Community Features Gated Laundry Features Common Area Lease Assignable YN No Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 123384 Security Features Gated Community Special Listing Conditions Standard Zoning LAR4



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-17T16:31:34.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Mark Ventre of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)