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

Los Angeles, CA, 90006
$ 1,600,000
Bedrooms8 Baths8.0 Sq 5,872

Monthly Estimate*

$ 11,051

Listed by William James, Lyon Stahl Investment Real Estate, Inc., will@lyonstahl.com
916 S Normandie Avenue, Los Angeles, CA 90006 - Image 1
916 S Normandie Avenue, Los Angeles, CA 90006 - Image 2
916 S Normandie Avenue, Los Angeles, CA 90006 - Image 3
916 S Normandie Avenue, Los Angeles, CA 90006 - Image 4
916 S Normandie Avenue, Los Angeles, CA 90006 - Image 5
916 S Normandie Avenue, Los Angeles, CA 90006 - Image 6
916 S Normandie Avenue, Los Angeles, CA 90006 - Image 7
916 S Normandie Avenue, Los Angeles, CA 90006 - Image 8

Multi-Family Home for sale in Los Angeles, CA

for $1,600,000 with 8 bedrooms and 8 full baths. This 5,872 square foot home was built in 1957 on a lot size of 0.147.

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

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.147

Year Built

1957

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26934849

Days on Market

52

Features
General
Living Area 5872
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Appliances Refrigerator
Zoning LAR4
Architectural Style Mid-Century Modern
Pool Features None
Security Features Carbon Monoxide Detector(s) Gated Community Smoke Detector(s)
Construction Materials Stucco
Year Built 1957
Tenant Pays Electricity Gas
View City Lights
Levels Multi/Split
Gross Income 178858
Community Features Gated
County Los Angeles
Net Operating Income 95501
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Facing Direction West
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Heading North on Normandie continue past San Marino St. The property is on the East side of the street.
City Los Angeles
Entry Location Ground Level w/steps
Senior Community Y/N false
Number Of Units Total 13
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 6402
Carport Y/N true
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.97
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Interior
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features None
Total Bedrooms 8
Total Baths 13
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Exterior
Parking Features Attached Carport Assigned
Lot Features Rectangular Lot
Total Parking 9
Lot Size Area 6402
Number of Buildings 1
Spa false
Building Area Total 5872
Lot Size Acres 0.147
Private Pool false
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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

$11,051
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,051
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
9/24/2026$1,600,000 Listed Price

Map


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916 S 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 0.147. 916 S Normandie Avenue has 8 bedrooms, 8.0 baths, and was built in 1957. The property's zip code is 90006 which is in Los Angeles, CA