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Listed price in listed location currency (USD).
$1,295,000

1089

MLS® 25603683

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 4837 sqft
Garage 
Taxes 
Days Active 204
Lot Size 
Approx. Age 1960
Avg. Price Per Sqft $267
MLS® Number 25603683

Property Address: 3005 S Normandie Ave, Los Angeles, CA, 90007

Average square foot calculated using Size range provided by listing agent.

Description

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, 295, 000 (~$162K per unit / $268 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 7.33% cap rate, with pro forma projections of 10.03%, driven by units renting well below market and one vacant unit ready to be repositioned. Several units are significantly 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.
MLS® Number25603683
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
DrivewayCarport
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 9, 2025List Date
$1,295,000List Price
  • Commute

Commute

Starting Address
Destination Address
3005 S Normandie Ave, Los Angeles, CA

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