858-525-5007

3005 Normandie, Los Angeles CA 90007 | $1,270,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 6601 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1960
  • MLS#: 25603683
  • Community: C16 - Mid Los Angeles

Listing provided courtesy of Taylor Avakian of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-06-29 08:11:37.000000. Listing information © 2025 SANDICOR.

3005 S Normandie Ave | 8-Unit Multifamily in Adams-Normandie Near USC & Downtown LA. Built in 1960 and fully renovated in 2025, 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 $1,270,000 (~$158,750 per unit / $262.56 per SF), this offering presents investors with a strong blend of in-place income and exceptional upside through rent recovery and operational improvements. The property currently achieves a 7.50% cap rate, with pro forma projections of 10.26%, driven by units renting significantly below market and one vacant unit ready to lease at $1,845 market rent. Portfolio-wide rent upside of 63.94% ($38,427 annual unrealized revenue) creates immediate NOI growth through organic lease turnover. With nine on-site parking spaces, investors can also generate additional income through parking fees or RUBS implementation.

More Details

0.15 Acres

David Piper​

Call or Text: 858-525-5007

DRE# 02021985