4140 Normal Avenue, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
4140 Normal Avenue,Los Angeles, CA 90029
$2,500,000
  • 12 Beds
  • 12 Baths
  • 7,148 sq. ft.
  • Multi-family
  • Active
Listed by: neema ahadian
Office: marcus & millichap310-909-5500
MLS#:26107708
Source:CRMLS

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$349.75

About this home

We are pleased to present 4140 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 6.66% CAP rate and 9.69 GRM on current income with an additional 34% 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 #:26107708
  • Added:1 day(s) ago
  • Updated:November 13, 2026 at 12:59 PM

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:$2,500,000
  • Price per sq. ft.:$349.75

Parking

  • Total parking spaces:6
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