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4140 Normal Avenue, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:CENTURY 21 Masters
4140 Normal Avenue,Los Angeles, CA 90029
$3,000,000
  • 12 Beds
  • 12 Baths
  • 7,148 sq. ft.
  • Multi-family
  • Active
Listed by: neema ahadian
Office: marcus & millichap
MLS#:26670223
Source:CRMLS

Price summary

  • Price:$3,000,000
  • Price per sq. ft.:$419.7

About this home

We are pleased to present4140 Normal Avenue, a rare 12-unit bungalow-style investment opportunity showcasing classic 1920s Hollywood charm located between Virgil Ave and N Hoover St. The property sits on an expansive 15,501-square-foot lot and features eight spacious one-bedroom bungalow units along with a two-story structure containing four additional one-bedroom units. The gated entry and garden-style courtyard layout enhance tenant appeal and create a private, community-oriented living environment. The majority of the units have been extensively renovated with stainless steel appliances, kitchen cabinetry, lighting fixtures, designer tile finishes, restored original hardwood flooring, in-unit washer/dryers, and ductless HVAC systems. With effective renovations and proven rents, the property provides strong existing cash flow at a 5.65% CAP rate and11.09 GRM on current income with an additional 28% rental upside as units turn. Ownership has also completed recent cap ex upgrades to...

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Home facts

  • Year built:1923
  • Listing ID #:26670223
  • Added:1 day(s) ago
  • Updated:March 28, 2026 at 10:34 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:12
  • Living area:7,148 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:7,148 sq. ft.
  • Lot area:0.36 Acres

Finances and disclosures

  • Price:$3,000,000
  • Price per sq. ft.:$419.7

Parking

  • Total parking spaces:6
  • Parking description:Detached Carport
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