541 S Normandie Avenue Los Angeles, CA $ 1,950,000
541 S Normandie Avenue
$ 1,950,000
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541 S Normandie Avenue

Los Angeles, CA, 90020
$ 1,950,000
Bedrooms8 Baths8.0 Sq 7,481

Monthly Estimate*

$ 12,006

Listed by Moradian Enterprises, Inc.
541 S Normandie Avenue, Los Angeles, CA 90020 - Image 1
541 S Normandie Avenue, Los Angeles, CA 90020 - Image 2
541 S Normandie Avenue, Los Angeles, CA 90020 - Image 3
541 S Normandie Avenue, Los Angeles, CA 90020 - Image 4
541 S Normandie Avenue, Los Angeles, CA 90020 - Image 5
541 S Normandie Avenue, Los Angeles, CA 90020 - Image 6
541 S Normandie Avenue, Los Angeles, CA 90020 - Image 7
541 S Normandie Avenue, Los Angeles, CA 90020 - Image 8

Multi-Family Home for sale in Los Angeles, CA

for $1,950,000 with 8 bedrooms and 8 full baths. This 7,481 square foot home was built in 1955 on a lot size of 0.1724.

Excellent 12-unit investment opportunity located in the highly desirable Mid-Wilshire/Koreatown area of Los Angeles. 541 S Normandie Ave offers strong current income with significant rental upside potential. The property consists of a unit mix of eight 1-bedroom/1-bath units and four studio units situated on a 7,509 SF lot with LAR4 zoning. Seismic retrofit has already been completed, adding substantial value and reducing future capital expenditure concerns. Property also includes plans for additional ADU units, creating a rare opportunity for increased density and future income growth. Seller may offer favorable seller financing terms with as little as 25% down, featuring a 10-year interest-only note with no prepayment penalty. Centrally located near Wilshire Blvd, dining, shopping, public transit, and major employment centers. Excellent opportunity for investors seeking cash flow with long-term appreciation potential.

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Multi-Family Active

Price

$ 1,950,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1724

Year Built

1955

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26835655

Days on Market

2

Features
General
Living Area 7481
Heating Wall Furnace
Cooling None
Zoning LAR4
Year Built 1955
Levels Multi/Split
Gross Income 159765
County Los Angeles
Net Operating Income 110475.6
Insurance Expense 7500
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 2500
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions From Wilshire Blvd head north on Normandie Ave. Property is located just north of 6th St on the east side of the street
City Los Angeles
Senior Community Y/N false
Number Of Units Total 12
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 7509
Electric Expense 3000
Trash Expense 4000
Water Sewer Expense 3000
Standard Status Active
Taxes 23790
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 8
Total Baths 12
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Exterior
Parking Features Assigned Driveway
Total Parking 0
Lot Size Area 7509
Number of Buildings 1
Building Area Total 7481
Lot Size Acres 0.1724
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* Excluded Features
List By
Moradian Enterprises, Inc.

Broker

Christian@resantiago.net

Email

Affordability Calculator

$12,006
Per Month
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Monthly Principal & Interest
$12,006
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/19/2026$1,950,000 Listed Price

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541 S Normandie Avenue, Los Angeles, CA, 90020 is a Multi-Family Home for sale at $1,950,000 with 7,481 sqft and a lot size of 0.1724. 541 S Normandie Avenue has 8 bedrooms, 8.0 baths, and was built in 1955. The property's zip code is 90020 which is in Los Angeles, CA