3005 S Normandie Avenue, Los Angeles, CA 90007

Local realty services provided by:ERA North Orange County Real Estate
3005 S Normandie Avenue,Los Angeles, CA 90007
$1,500,000
  • 10 Beds
  • 8 Baths
  • 4,837 sq. ft.
  • Multi-family
  • Active
Listed by:taylor avakian
Office:lyon stahl investment real estate, inc.
MLS#:25603683
Source:CRMLS

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$310.11

About this home

3005 S Normandie Ave | 8-Unit Multifamily in Adams-Normandie Near USC & Downtown LA. Built in 1960, 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 $1,500,000 (~$187K per unit / $310 per SF), this offering presents investors with a strong blend of in-place income and meaningful upside through rent growth, light renovations, and operational improvements. The property currently achieves a 6.16% cap rate, with pro forma projections of 8.49%, driven by units renting well below market and one vacant unit ready to be repositioned. Several units are more than 200% under market rent, offering immediate potential to increase NOI and property value through rent adjustments and modernization. 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:1 day(s) ago
  • Updated:October 09, 2025 at 03:49 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:8
  • Living area:4,837 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1960
  • Building area:4,837 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$310.11
Based on information from California Regional Multiple Listing Service, Inc. as of October 9, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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