541 S Normandie Avenue, Los Angeles, CA 90020

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
541 S Normandie Avenue,Los Angeles, CA 90020
$1,950,000
  • 8 Beds
  • 12 Baths
  • 7,481 sq. ft.
  • Multi-family
  • Active
Listed by: christian santiago
Office: moradian enterprises, inc.310-467-6320
MLS#:26835655
Source:CRMLS

Price summary

  • Price:$1,950,000
  • Price per sq. ft.:$260.66

About this home

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.

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Home facts

  • Year built:1955
  • Listing ID #:26835655
  • Added:35 day(s) ago
  • Updated:June 24, 2026 at 10:31 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:12
  • Living area:7,481 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1955
  • Building area:7,481 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$1,950,000
  • Price per sq. ft.:$260.66

Parking

  • Parking description:Assigned, Driveway
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