John E Burge

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132 N NormandieLos Angeles, CA 90004

Multi-Family · 6,080 Sq. ft. | 0.13 Acres
$1,945,000 Active

132 N Normandie Overview

Time on Site:
59 days
Visits:
0

Nestled in the heart of prime Koreatown, this 8-unit property offers an attractive investment opportunity with a versatile unit mix comprised of 1 studio unit, 6 one-bedroom units, and 1 two-bedroom unit, appealing to a wide range of tenants. Spanning approximately 6,080 square feet on a 5,749-square-foot lot, the property also features 7 to 8 tandem parking spaces. Currently generating a gross annual rent of approximately $145,224, the asset presents strong upside potential in rents. With a permit already pulled for the soft-story retrofit, a new roof underway, and several units recently updated, this property combines current income with clear value-add opportunities. Ideally located in a vibrant, walkable neighborhood near shops, dining, and public transit, this is a prime opportunity to invest in one of Los Angeles’ most dynamic and in-demand rental markets.

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132 N Normandie Facts & Features

  • Type Multi-Family
  • Sq. ft. 6,080
  • Price/Sq.ft. $320
  • Lot 0.13 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Fuel Expense: 3240.0
  • Gardener Expense: 1800.0
  • Gross Income: 145224.0
  • Gross Scheduled Income: 145224.0
  • Insurance Expense: 8400.0
  • Maintenance Expense: 4500.0
  • Net Operating Income: 100164.0
  • New Taxes Expense: 21395.0
  • Operating Expense: 45059.8
  • Water Sewer Expense: 14400.0

Building Information

  • New Construction: No
  • Year Built: 1958

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C17 - Mid-Wilshire
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Storm Drain(s),Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

General Information

  • Listing Terms: Cash to New Loan
  • Parcel Number: 5518005029
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 6080.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front
  • Laundry Features: Washer Hookup,Gas Dryer Hookup,Inside
  • Stories Total: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: No Landscaping
  • Lot Size Acres: 0.132
  • Lot Size Area: 5751.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5751.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Total: 8
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

132 N Normandie Neighborhood

Community

90004 (LOS ANGELES) Demographics

35
Median Age
20,047
Population Density (per sq. mile)
41%
College Educated
$52,775
Estimated Median Income
3,781
Estimated Total Home Owners
18,747
Estimated Total Renters
17% / 83%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

132 N Normandie Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

132 N Normandie Market Data

Based on the last 30 days in this zip code

$2,458,221
Average List Price
$935
Average Price per Square Foot
13
Properties Sold
96
Average Days on Market
270
Properties for Sale
Calculations provided by Reliance Network

132 N Normandie History

Date Event Value Agent
5/1/2026Source: CRMLS Added to Database
May 01, 2026
1/3/2026Source: CRMLS Status Change
Closed
1/3/2026Source: TheMLS (CLAW) Status Change
Sold
12/11/2025Source: CRMLS Price Increase
$1,855 0.3%
12/11/2025Source: TheMLS (CLAW) Price Increase
$1,855 0.3%
12/6/2025Source: CRMLS Added to Database
December 06, 2025
12/5/2025Source: TheMLS (CLAW) Added to Database
December 05, 2025
Listing provided courtesy of Re/Max LuxeAshkan Etemad-Sadati- MLS# SR26094522MLS ProviderContact Information: [email protected] - 818-730-1213
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