2705 S Normandie Avenue

Property Overview

Immediate cash flow! Currently leased at $10,543/month through July 2027 with 7.98% cap rate, 9.88 GRM and ADU potential. We are pleased to offer the opportunity to acquire this high yield Duplex, featuring 10-bedroom + 9-bathroom Student Housing investment opportunity, blocks to the University of Southern California (USC). The duplex is approximately 3,630 rentable square feet on a 6,881 square feet lot, was fully remodeled in 2020 with city permit, featuring brand new exterior stucco/paint, completely updated bathrooms with new electrical, plumbing, sewer and gas lines, brand new portable AC systems, and in-unit washer & dryer on each floor. The investment is 100% occupied with students/graduates and fully leased for the 2025-2026 academic school year. With a consistent 100% occupancy rate, this asset offers a low-risk, stable investment with strong potential for continued growth and excellent operating fundamentals. The property generates a gross income of $12,000 per month, with tenants responsible for all utilities, including water/gas/electricity. Additionally, the large 6,881 SF (LARD1.5 zone, TOC Tier 2) lot presents an opportunity for further cash flow enhancement by constructing ADUs. DO NOT DISTURB THE TENANTS. Showing by Appointment only.

Home Details

Property type: Residential Income
Year built: 1920
Living area: 3,630 sq ft
Lot size: 6,883 sq ft
Parking: 12 spaces
Stories: 2
Days on market: 8
MLS status: Active
Zoning: LARD1.5

Features & Amenities

Appliances

Convection Oven
Dryer

Parking

Driveway

Security

Carbon Monoxide Detectors
Smoke Detectors

Community, Schools & Utilities

Community

Fireplace: Yes

Utilities

Heating: NaturalGas
Cooling: HeatPump

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Location & Neighborhood

Los Angeles, CA 90007

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Frequently Asked Questions About 2705 S Normandie Avenue

Property type: Residential Income

The current asking price is $1,249,900. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 2705 S Normandie Avenue. Our team will confirm availability and timing.

This 10 bedrooms and 9 bathrooms property offers approximately 3,630 square feet of living space. It was built in 1920. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.