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3005 S Normandie Avenue, Los Angeles, CA 90007

Local realty services provided by:CENTURY 21 Affiliated
3005 S Normandie Avenue,Los Angeles, CA 90007
$1,475,000
  • 10 Beds
  • 8 Baths
  • 4,837 sq. ft.
  • Multi-family
  • Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.
MLS#:25603683
Source:CRMLS

Price summary

  • Price:$1,475,000
  • Price per sq. ft.:$304.94

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 $1,475,000 (~$184K per unit / $305 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 6.28% cap rate, with pro forma projections of 8.66%, driven by units renting well below market and one vacant unit ready to be repositioned. Several units are more than 200% 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:66 day(s) ago
  • Updated:December 06, 2025 at 11:37 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

Finances and disclosures

  • Price:$1,475,000
  • Price per sq. ft.:$304.94
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