201 N Normandie Avenue, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
201 N Normandie Avenue,Los Angeles, CA 90004
$6,100,000
  • 18 Beds
  • 18 Baths
  • 8,677 sq. ft.
  • Multi-family
  • Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.424-394-1030
MLS#:24394451
Source:CRMLS

Price summary

  • Price:$6,100,000
  • Price per sq. ft.:$703.01

About this home

Price Reduction! 100% Fully renovated 18-unit apartment building with permits cash flowing at an amazing 6.26% Cap Rate and 11.6 GRM from day 1! All the units have already been leased at full market rents for ~$2,400 per month 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...

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Home facts

  • Year built:1923
  • Listing ID #:24394451
  • Added:802 day(s) ago
  • Updated:August 01, 2026 at 11:04 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
  • Construction Materials:Stucco
  • Foundation Description:Raised
  • Levels:2 Story

Finances and disclosures

  • Price:$6,100,000
  • Price per sq. ft.:$703.01
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