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Listed by: Taylor Avakian (916) 996-4421 DRE #02060040 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$1,270,000
10 Beds
8 Baths
4,837sqft
3005 S Normandie Ave, Los Angeles, CA 90007
$1,270,000
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Multi Family
Built in 1960
$-- HOA
6,601 sqft lot
$263/sq.ft
Description
3005 S Normandie Ave | 8-Unit Multifamily in Adams-Normandie Near USC & Downtown LA. Built in 1960 and fully renovated in 2025, the property features a balanced unit mix of (6) 1-Bed/1-Bath and (2) 2-Bed/1-Bath units totaling 4,837 SF on a 6,600 SF LAR3-zoned lot. Priced at $1,270,000 (~$158,750 per unit / $262.56 per SF), this offering presents investors with a strong blend of in-place income and exceptional upside through rent recovery and operational improvements. The property currently achieves a 7.50% cap rate, with pro forma projections of 10.26%, driven by units renting significantly below market and one vacant unit ready to lease at $1,845 market rent. Portfolio-w...
Continue Reading- Houzeo last checked: 47 minutes ago
- Listing updated: July 31, 2026 at 1:38 am
- Source: California Regional MLS-CA | MLS#: 25603683
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1960
HOA Fees
-
Finished Area
4,837 sqft
Lot Size
6,601 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25603683
MLS Status
Active
Days on Market
299
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