3005 S Normandie Avenue, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
3005 S Normandie Avenue,Los Angeles, CA 90007
$1,295,000
  • 10 Beds
  • 8 Baths
  • 4,837 sq. ft.
  • Multi-family
  • Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:25603683
Source:CRMLS

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$267.73

About this home

3005 S Normandie Ave | 8-Unit Multifamily in Adams-Normandie Near USC & Downtown LA. Built in 1960, 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 $1,295,000 (~$162K per unit / $268 per SF), this offering presents investors with a strong blend of in-place income and meaningful upside through rent growth, light renovations, and operational improvements. The property currently achieves a 7.33% cap rate, with pro forma projections of 10.03%, driven by units renting well below market and one vacant unit ready to be repositioned. Several units are significantly under market rent, offering immediate potential to increase NOI and property value through rent adjustments and modernization. With nine on-site parking spaces, investors can also generate additional income through parking fees or RUBS implementation.

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Home facts

  • Year built:1960
  • Listing ID #:25603683
  • Added:204 day(s) ago
  • Updated:May 02, 2026 at 01:37 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:8
  • Living area:4,837 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1960
  • Building area:4,837 sq. ft.
  • Lot area:0.15 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$267.73

Parking

  • Total parking spaces:9
  • Parking description:Carport
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