542 N Normandie Avenue, Los Angeles, CA 90004

Local realty services provided by:ERA North Orange County Real Estate
542 N Normandie Avenue,Los Angeles, CA 90004
$3,550,000
  • - Beds
  • - Baths
  • 11,700 sq. ft.
  • Multi-family
  • Active
Listed by: vijay sharma
Office: keller williams vip properties
MLS#:SR25227087
Source:CRMLS

Price summary

  • Price:$3,550,000
  • Price per sq. ft.:$303.42

About this home

We are pleased to present 542 N. Normandie Ave, a rare 12-unit multifamily investment opportunity ideally located in the heart of the Mid-Wilshire and East Hollywood transit corridor. Built in 1988 with quality construction and spanning approximately 11,700 square feet, this three-story property offers spacious 2-bed, 2-bath units, each designed for comfortable urban living. All units are separately metered for gas and electricity. The property includes an on-site laundry facility for tenant convenience and additional income. The building provides secure entry, 16 gated parking spaces plus 2 guest spots, private balconies for select units, and a large storage area that can generate further revenue. With a current cap rate of 5% and a pro forma cap rate of 7%, the asset offers substantial upside through rent growth, operational efficiencies, and value-add improvements. One of the most immediate opportunities for investors lies in the implementation of a RUBS (Ratio Utility Billing

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Home facts

  • Year built:1988
  • Listing ID #:SR25227087
  • Added:48 day(s) ago
  • Updated:November 15, 2025 at 03:20 PM

Rooms and interior

  • Living area:11,700 sq. ft.

Structure and exterior

  • Year built:1988
  • Building area:11,700 sq. ft.
  • Lot area:0.21 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,550,000
  • Price per sq. ft.:$303.42
Based on information from California Regional Multiple Listing Service, Inc. as of November 15, 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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