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4140 Normal Avenue, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:CENTURY 21 Affiliated
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 & millichap310-909-5500
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:80 day(s) ago
  • Updated:June 15, 2026 at 10:39 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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Affiliated is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Affiliated, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Nikki Coppa

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