3020 S Normandie Avenue, Los Angeles, CA 90007
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
3020 S Normandie Avenue,Los Angeles, CA 90007
$6,250,000
- 3 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: chi zhang
Office: millennium group realty
MLS#:TR26226939
Source:San Diego MLS via CRMLS
Price summary
- Price:$6,250,000
About this home
Introducing 3020 Normandie Avenue, a newly constructed (2025) four-story flex housing investment located less than a mile west of the University of Southern California (USC) and within the Department of Public Safety (DPS) Patrol Zone. The property offers 6 units and 31 bedrooms configured as 24 individually leasable suites across five floor plans: (12) micro studios, (2) studios, (5) 1-bed/1-bath, (3) 2-bed/2-bath and (2) 3-bed/3-bath. Offered at $6,250,000, $201,613 per bedroom and $518 per square foot, the property generates $623,160 in annual scheduled gross income, a 6.54% current cap rate and 10.03x GIM, with 5.9% rental upside supporting a 7% cap rate at market rents. What sets this property apart is its flexibility. Every suite has a private bathroom, ample closet space and its own kitchenette. The layouts appeal to students, faculty, staff and working professionals alike, so vacancies can be filled year-round rather than only at the August turnover, and lease expirations can be staggered to smooth cash flow. The property totals approximately 12,066 square feet of rentable space with 7 on-site parking spaces, rooftop solar panels, security cameras, coded locks, secured mailboxes and parcel lockers. New construction keeps repairs and capital expenditures to a minimum, and the asset may qualify for 100% bonus depreciation tax benefits. The Expo/Vermont and Expo/Western E Line stations are 0.8 miles away, with quick access to Exposition Park, the LA Memorial Coliseum, the I-10 and I-110 freeways and Downtown Los Angeles. Buyer to verify all information, including the l...
Contact an agent
Home facts
- Listing ID #:TR26226939
- Added:8 day(s) ago
- Updated:October 31, 2026 at 07:50 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:5
Heating and cooling
- Cooling:Central Forced Air
- Heating:Forced Air Unit
Structure and exterior
- Levels:3 Story
Finances and disclosures
- Price:$6,250,000
New listings near 3020 S Normandie Avenue
- Coming Soon
$1,149,000Coming Soon4 beds 2 baths1,965 sq. ft.5365 Campo Road, Woodland Hills, CA 91364
MLS# 26105614Listed by: PINNACLE ESTATE PROPERTIES - N - Coming Soon
$465,000Coming Soon2 beds 2 baths1,052 sq. ft.12521 Ralston #4, Sylmar, CA 91342
MLS# SR26234490Listed by: KELLER WILLIAMS REALTY-STUDIO CITY - Coming Soon
$4,250,000Coming Soon5 beds 6 baths4,200 sq. ft.4820 Coolidge Avenue, Culver City, CA 90230
MLS# 26105230Listed by: JESSE WEINBERG - Coming Soon
$899,000Coming Soon2 beds 3 baths1,520 sq. ft.1120 N El Centro Avenue #1, Los Angeles, CA 90038
MLS# 26105359Listed by: BROKERINTRUST REAL ESTATE - SHAWN SHAI HALAHMY - Coming Soon
$1,799,000Coming Soon3 beds 2 baths1,786 sq. ft.1901 S Sherbourne, Los Angeles, CA 90034
MLS# CV26181067Listed by: SEVEN GABLES REAL ESTATE - Coming Soon
$1,999,000Coming Soon4 beds 3 baths2,623 sq. ft.20313 Strelna, Woodland Hills, CA 91364
MLS# SR26232582Listed by: COMPASS - Coming Soon
$1,150,000Coming Soon4 beds 3 baths2,738 sq. ft.5665 Como Circle, Woodland Hills, CA 91367
MLS# SR26233911Listed by: COMPASS - Coming Soon
$775,000Coming Soon3 beds 3 baths1,673 sq. ft.14853 Hartsook #104, Sherman Oaks, CA 91403
MLS# CV26233916Listed by: VISMAR REAL ESTATE - Coming Soon
$1,049,000Coming Soon3 beds 2 baths1,729 sq. ft.1970 N Beverly Glen Boulevard, Los Angeles, CA 90077
MLS# PW26206432Listed by: FIRST TEAM REAL ESTATE NORTH TUSTIN - Coming Soon
$3,395,000Coming Soon3 beds 3 baths3,150 sq. ft.1111 S Grand #PH5, Los Angeles, CA 90015
MLS# WS26233784Listed by: KELLER WILLIAMS PREMIER PROPER