4201 W Council Street, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
4201 W Council Street,Los Angeles, CA 90004
$5,750,000
- 18 Beds
- 18 Baths
- 8,677 sq. ft.
- Multi-family
- Active
Listed by:armin soleimani
Office:global platinum properties, inc.
MLS#:25602819
Source:CRMLS
Price summary
- Price:$5,750,000
- Price per sq. ft.:$662.67
About this home
Huge 650k Price Reduction! 100% Fully Renovated 18-unit apartment building with permits cash flowing at an amazing 7% Cap Rate and 10.6 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 has seen a complete restoration, down to every inch. Overall systems were overhauled with a new roof, plumbing, and electrical systems were updated within the last couple of years with a new panel and wiring. Also, there are updated HVAC systems and new windows in each unit. When approaching the property, tenants are invited with a unique and inviting color scheme featuring a fresh paint job and stylish landscaping. The units have undergone gut-level updating with new wood flooring, updated lighting fixtures, and brand-new kitchen and bathrooms. In the kitchen, there are new cabinets, modern countertops, and new water heaters. The bathrooms boast new vanities and modern fixtures along with sleek shower stalls. The location is in the heavily sought-after Koreatown and Wilshire Center sub-markets. 201 N Normandie Avenue is poised to capitalize on the tremendous momentum in the immediate area and neighboring Hollywood and Downtown. The subject property's transit-oriented and highly walkable location offers residents access to a myriad of entertainment venues, cultural destinations, and dining options nearby. Given the property's location and strong income metrics, 201 N Normandie Avenue is an ideal investment for investors seeking immediate returns along with long-term wealth preservation and appreciation.
Contact an agent
Home facts
- Year built:1923
- Listing ID #:25602819
- Added:159 day(s) ago
- Updated:October 08, 2025 at 12:24 AM
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:$5,750,000
- Price per sq. ft.:$662.67
New listings near 4201 W Council Street
- New$9,750,000Active3 beds 4 baths5,280 sq. ft.
10800 Wilshire Boulevard #1501, Los Angeles, CA 90024
MLS# 25602381Listed by: CAROLWOOD ESTATES - New$1,649,999Active4 beds 3 baths2,805 sq. ft.
5018 Valleydale Avenue, Los Angeles, CA 90043
MLS# 25602497Listed by: COMPASS - New$1,499,999Active5 beds 4 baths2,881 sq. ft.
20441 Tulsa Street, Chatsworth, CA 91311
MLS# 25602945Listed by: NDA INC - New$1,050,000Active5 beds 3 baths2,741 sq. ft.
20448 Arminta, Winnetka, CA 91306
MLS# DW25234363Listed by: KELLER WILLIAMS SELA - New$789,000Active2 beds 2 baths1,085 sq. ft.
104 S Hayworth Avenue #204, Los Angeles, CA 90048
MLS# PW25234784Listed by: CIRCA PROPERTIES, INC. - Open Fri, 11am to 1pmNew$2,470,000Active5 beds 6 baths5,754 sq. ft.
20580 Edgewood Court, Chatsworth, CA 91311
MLS# SR25233928Listed by: KELLER WILLIAMS LUXURY - New$1,540,000Active-- beds -- baths
4710 St Elmo Drive, Los Angeles, CA 90019
MLS# PW25234665Listed by: EDGESTONE REAL ESTATE, INC. - Open Sat, 3 to 6pmNew$449,000Active1 beds 1 baths785 sq. ft.
12830 Burbank Boulevard #307, Valley Village, CA 91607
MLS# SR25170156Listed by: REAL BROKER - New$649,000Active2 beds 3 baths1,458 sq. ft.
9000 Vanalden #150, Northridge, CA 91324
MLS# SR25234418Listed by: GLOBAL REALTY & MORTGAGE - $750,000Pending2 beds 1 baths1,646 sq. ft.
2947 S Hobart Boulevard, Los Angeles, CA 90018
MLS# TR25176888Listed by: KW VISION