4201 W Council Street, Los Angeles, CA 90004

Local realty services provided by:ERA Excel Realty
4201 W Council Street,Los Angeles, CA 90004
$5,500,000
  • 18 Beds
  • 18 Baths
  • 8,677 sq. ft.
  • Multi-family
  • Active
Listed by: julio ruiz, armin soleimani
Office: global platinum properties, inc.
MLS#:25624535
Source:CRMLS

Price summary

  • Price:$5,500,000
  • Price per sq. ft.:$633.86

About this home

Huge ~1M Price Reduction! 100% Fully Renovated 18-unit apartment building with permits cash flowing at an amazing 7.4% Cap Rate and 10.1 GRM from day 1! All units have already been leased at full market rents of over $2,500 per month on average providing an incredible cash flow. The offering provides investors with a unique opportunity to purchase a premium asset that was completely vacated and renovated. 201 N Normandie Avenue was built in 1923 and boasts 16 stylish apartment homes renovated in 2023 as well as 2 brand-new detached ADUs built in 2024. Ownership has conducted a complete property restoration with permits. It features an attractive unit composition of eighteen (18) spacious and well-designed One-Bedroom | One-Bathroom units. In all, 201 North Normandie Avenue features ~8,677 square feet of improvements on a collective ~7,700 square feet of land, zoned LAR3. The property is separately metered for gas and electrical utilities to further reduce operating costs. The property

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Home facts

  • Year built:1923
  • Listing ID #:25624535
  • Added:261 day(s) ago
  • Updated:January 08, 2026 at 04:23 PM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:18
  • Living area:8,677 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1923
  • Building area:8,677 sq. ft.
  • Lot area:0.18 Acres

Finances and disclosures

  • Price:$5,500,000
  • Price per sq. ft.:$633.86
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