Listing provided courtesy of Moradian Enterprises, Inc.- MLS# 26835655
Images
Request Info541 S Normandie AveLos Angeles, CA 90020
Multi-Family · 8 Beds · 7,481 Sq. ft. | 0.17 Acres$1,950,000
Active
541 S Normandie Ave Overview
- Time on Site:
- 41 days
- Visits:
- 0
Excellent 12-unit investment opportunity located in the highly desirable Mid-Wilshire/Koreatown area of Los Angeles. 541 S Normandie Ave offers strong current income with significant rental upside potential. The property consists of a unit mix of eight 1-bedroom/1-bath units and four studio units situated on a 7,509 SF lot with LAR4 zoning. Seismic retrofit has already been completed, adding substantial value and reducing future capital expenditure concerns. Property also includes plans for additional ADU units, creating a rare opportunity for increased density and future income growth. Seller may offer favorable seller financing terms with as little as 25% down, featuring a 10-year interest-only note with no prepayment penalty. Centrally located near Wilshire Blvd, dining, shopping, public transit, and major employment centers. Excellent opportunity for investors seeking cash flow with long-term appreciation potential.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
541 S Normandie Ave Facts & Features
- Type Multi-Family
- Sq. ft. 7,481
- Price/Sq.ft. $261
- Lot 0.17 Acres
Details
General
Income/Expenses
- Electric Expense: 3000.00
- Gross Income: 159765
- Insurance Expense: 7500.00
- Maintenance Expense: 2500.00
- Net Operating Income: 110475.60
Building Information
- Year Built: 1955
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Mid-Wilshire
Tax Information
- Tax Assessed Value: 496708
General Information
- Disclosures: Building Plans Available
- Property Type: Residential Income
- Zoning: LAR4
Interior
Beds/Baths
- Bathrooms Total: 12.00
- Bedrooms Total: 8
General Information
- Cooling: None
- Heating: Wall
- Levels: Multi/Split
- Living Area: 7481
- Living Area Source: Vendor Enhanced
- Stories: 2
Exterior
Parking Information
- Parking Total: 0
Lot Information
- Lot Size Acres: 0.1724
- Lot Size Area: 7509
- Lot Size Source: Vendor Enhanced
- Number Of Buildings: 1
General Information
- Number Of Units Total: 12
- Other Structures: Stall(s)
541 S Normandie Ave Neighborhood
Community
90020 (Los Angeles) Demographics
36
Median Age
34,828
Population Density (per sq. mile)
50%
College Educated
$50,207
Estimated Median Income
1,599
Estimated Total Home Owners
15,465
Estimated Total Renters
9% / 91%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
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.541 S Normandie Ave Monthly Cost
541 S Normandie Ave Market Data
Based on the last 30 days in this zip code
$1,752,810
Average List Price
$955
Average Price per Square Foot
6
Properties Sold
78
Average Days on Market
186
Properties for Sale
541 S Normandie Ave History
| Date | Value | Agent |
|---|---|---|
| 5/19/2026Source: CRMLS | May 19, 2026 |
|
| 5/19/2026Source: TheMLS (CLAW) | May 19, 2026 |
|
| 9/8/2025Source: CRMLS | Closed |
|
| 9/8/2025Source: TheMLS (CLAW) | Sold |
|
| 7/28/2025Source: CRMLS | Closed |
|
| 7/28/2025Source: TheMLS (CLAW) | Sold |
|
| 5/21/2025Source: CRMLS | May 21, 2025 |
|
| 5/21/2025Source: TheMLS (CLAW) | May 21, 2025 |
|
| 4/29/2025Source: CRMLS | April 29, 2025 |
|
| 4/29/2025Source: TheMLS (CLAW) | April 29, 2025 |