916 South Normandie Avenue Los Angeles, CA $ 1,600,000
916 South Normandie Avenue
$ 1,600,000
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916 South Normandie Avenue

Los Angeles, CA, 90006
$ 1,600,000
Bedrooms-- Baths0.0 Sq 5,872

Monthly Estimate*

$ 10,103

916 South Normandie Avenue, Los Angeles, CA 90006 - Image 1
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916 South Normandie Avenue, Los Angeles, CA 90006 - Image 8

Multi-Family Home for sale in Los Angeles, CA

for $1,600,000. This 5,872 square foot home was built in 1957 on a lot size of 0.15.

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.

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Multi-Family Active

Price

$ 1,600,000

Property Type

Multi-Family

Taxes

$ 0

Style

Mid Century Modern

Lot Size

0.15

Year Built

1957

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026934849

Features
General
Living Area 5872
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Zoning LAR4
Architectural Style Mid Century Modern
Security Features Smoke Detector(s) Carbon Monoxide Detector(s) Gated Community
Construction Materials Stucco
Year Built 1957
Tenant Pays Electricity Gas
View City Lights
Levels Multi/Split
County Los Angeles
New Construction false
Property Type Residential Income
HOA false
Status Active
City Los Angeles
Entry Location Ground Level w/steps
Senior Community Y/N false
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 6402
Spa Features None
Land Lease Y/N false
Additional Parcels Y/N false
Structure Type None
Standard Status Active
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Total Baths 0
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Exterior
Parking Features Assigned Attached Carport
Lot Features Rectangular Lot
Lot Size Area 6402
Spa false
Building Area Total 5872
Lot Size Acres 0.15
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* Excluded Features
List By
William James

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

will@lyonstahl.com

Email

Affordability Calculator

$10,103
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,103
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/24/2026$1,600,000 Listed Price

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916 South Normandie Avenue, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,600,000 with 5,872 sqft and a lot size of 0.15. 916 South Normandie Avenue has 0.0 baths and was built in 1957. The property's zip code is 90006 which is in Los Angeles, CA