541 S Normandie Avenue, Los Angeles, CA 90020
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
541 S Normandie Avenue,Los Angeles, CA 90020
$1,875,000
- 8 Beds
- 12 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: christian santiago
Office: moradian enterprises, inc.310-467-6320
MLS#:26835655
Source:CRMLS
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Price summary
- Price:$1,875,000
About this home
Excellent 12-unit investment opportunity located in the highly desirable Mid-Wilshire/Koreatown area of Los Angeles. 541 S Normandie Ave offers strong current income with significant rental upside potential. The property consists of a unit mix of eight 1-bedroom/1-bath units and four studio units situated on a 7,509 SF lot with LAR4 zoning. Seismic retrofit has already been completed, adding substantial value and reducing future capital expenditure concerns. Property also includes plans for additional ADU units, creating a rare opportunity for increased density and future income growth. Seller may offer favorable seller financing terms with as little as 25% down, featuring a 10-year interest-only note with no prepayment penalty. Centrally located near Wilshire Blvd, dining, shopping, public transit, and major employment centers. Excellent opportunity for investors seeking cash flow with long-term appreciation potential.
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Home facts
- Year built:1955
- Listing ID #:26835655
- Added:119 day(s) ago
- Updated:September 16, 2026 at 06:47 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:12
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1955
Finances and disclosures
- Price:$1,875,000
Parking
- Parking description:Assigned, Driveway
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