$1,945,000
For Sale by Owner
Listed 3 months ago

8BR Multi-Family for Sale in Los Angeles, CA

132 N Normandie Ave, Los Angeles, CA 90004
8 Beds
7 Bath
Built 1958
PropSlick Verified Data Key facts & insights for this exact address
1958
Year Built
5,750 sf
Lot Size
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built1958
Lot Size5,750 sq ft

Property Description

Nestled in the heart of prime Koreatown, this 8-unit property offers an attractive investment opportunity with a versatile unit mix comprised of 1 studio unit, 6 one-bedroom units, and 1 two-bedroom unit, appealing to a wide range of tenants. Spanning approximately 6,080 square feet on a 5,749-square-foot lot, the property also features 7 to 8 tandem parking spaces. Currently generating a gross annual rent of approximately $145,224, the asset presents strong upside potential in rents. With a permit already pulled for the soft-story retrofit, a new roof underway, and several units recently updated, this property combines current income with clear value-add opportunities. Ideally located in a vibrant, walkable neighborhood near shops, dining, and public transit, this is a prime opportunity to invest in one of Los Angeles' most dynamic and in-demand rental markets.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Washer/Dryer

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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