542 N Normandie Avenue, Los Angeles, CA 90004

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
542 N Normandie Avenue,Los Angeles, CA 90004
$3,550,000
  • - Beds
  • - Baths
  • 11,700 sq. ft.
  • Multi-family
  • Active
Listed by: vijay sharma
Office: keller williams vip properties
MLS#:SR25227087
Source:CRMLS

Price summary

  • Price:$3,550,000
  • Price per sq. ft.:$303.42

About this home

We are pleased to present 542 N. Normandie Ave, a rare 12-unit multifamily investment opportunity ideally located in the heart of the Mid-Wilshire and East Hollywood transit corridor. Built in 1988 with quality construction and spanning approximately 11,700 square feet, this three-story property offers spacious 2-bed, 2-bath units, each designed for comfortable urban living. All units are separately metered for gas and electricity. The property includes an on-site laundry facility for tenant convenience and additional income. The building provides secure entry, 16 gated parking spaces plus 2 guest spots, private balconies for select units, and a large storage area that can generate further revenue. With a current cap rate of 5% and a pro forma cap rate of 7%, the asset offers substantial upside through rent growth, operational efficiencies, and value-add improvements. One of the most immediate opportunities for investors lies in the implementation of a RUBS (Ratio Utility Billing

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Home facts

  • Year built:1988
  • Listing ID #:SR25227087
  • Added:44 day(s) ago
  • Updated:November 11, 2025 at 11:27 AM

Rooms and interior

  • Living area:11,700 sq. ft.

Structure and exterior

  • Year built:1988
  • Building area:11,700 sq. ft.
  • Lot area:0.21 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,550,000
  • Price per sq. ft.:$303.42
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