3005 S Normandie Avenue, Los Angeles, CA 90007
Local realty services provided by:CENTURY 21 Affiliated
3005 S Normandie Avenue,Los Angeles, CA 90007
$1,270,000
- 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:$1,270,000
- Price per sq. ft.:$262.56
About this home
3005 S Normandie Ave | 8-Unit Multifamily in Adams-Normandie Near USC & Downtown LA. Built in 1960 and fully renovated in 2025, 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 $1,270,000 (~$158,750 per unit / $262.56 per SF), this offering presents investors with a strong blend of in-place income and exceptional upside through rent recovery and operational improvements. The property currently achieves a 7.50% cap rate, with pro forma projections of 10.26%, driven by units renting significantly below market and one vacant unit ready to lease at $1,845 market rent. Portfolio-wide rent upside of 63.94% ($38,427 annual unrealized revenue) creates immediate NOI growth through organic lease turnover. 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:341 day(s) ago
- Updated:September 15, 2026 at 11:10 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:$1,270,000
- Price per sq. ft.:$262.56
Parking
- Total parking spaces:9
- Parking description:Carport
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