916 S Normandie Avenue, Los Angeles, CA — listing photo 1
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FOR SALE

916 S Normandie Avenue

Los Angeles, CA 90006
8 Beds
13 Baths
5,872 Sq Ft
Built 1957
$1,600,000

Property Overview

The subject property is a 13-unit apartment building located at 916 S. Normandie Ave in Los Angeles. Built in 1957 and zoned LAR3, the property consists of (3) Bachelors (8) 1 Bed, 1 Bath units, and (2) Studio, 1 Bath units, totaling 8,285 rentable square feet on a 6,399-square-foot lot. The property is offered at an attractive basis of $123,000 per unit and $272 per square foot, while generating a compelling 5.97% in-place cap rate and 8.95 GRM. The asset will be delivered with four vacant units, providing the next owner with an immediate opportunity to lease units at current market rents and enhance cash flow from day one. With approximately 41% rental upside embedded in the existing rent roll, the property offers significant value-add potential, with the pro forma cap rate approaching 11% as rents are brought to market.

Home Details

Property type
Residential Income
Year built
1957
Living area
5,872 sq ft
Lot size
6,402 sq ft
Parking
9 spaces
Stories
2
Days on market
23
MLS status
Active
Architectural style
MidCenturyModern
Zoning
LAR4

Features & Amenities

Appliances

  • Refrigerator

Parking

  • Attached Carport
  • Assigned

Pool

  • None

Lot

  • Rectangular Lot

Security

  • Carbon Monoxide Detectors
  • Gated Community
  • Smoke Detectors

Community, Schools & Utilities

Community

View
CityLights

Utilities

Heating
WallFurnace
Cooling
WallWindowUnits
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Location & Neighborhood

916 S Normandie Avenue

Los Angeles, CA 90006

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Frequently Asked Questions About 916 S Normandie Avenue

Property type: Residential Income

The current asking price is $1,600,000. 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 916 S Normandie Avenue. Our team will confirm availability and timing.
This 8 bedrooms and 13 bathrooms property offers approximately 5,872 square feet of living space. It was built in 1957. 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 23 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: William James
MLS ID: CLW-X93306

Available property

$1,600,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.