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3005 S Normandie Avenue, Los Angeles, CA, 90007

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$1,395,000

3005 S Normandie Avenue, Los Angeles, CA, 90007

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Information

Price: $1,395,000

Days On Market: 171

Year Build: 1960

Bedrooms: 10

MLS ID: 25603683

Status: Active

Details

Address: 3005 S Normandie Avenue

County: Los Angeles

City: Los Angeles

Zip: 90007

State: California

Description

3005 S Normandie Ave | 8-Unit Multifamily in Adams-Normandie Near USC & Downtown LA. Built in 1960, the property features a balanced unit mix of (6) 1-Bed/1-Bath and (2) 2-Bed/1-Bath units totaling 4,837 SF on a 6,600 SF LAR3-zoned lot. Priced at $1,395,000 (~$174K per unit / $288 per SF), this offering presents investors with a strong blend of in-place income and meaningful upside through rent growth, light renovations, and operational improvements. The property currently achieves a 6.72% cap rate, with pro forma projections of 9.22%, driven by units renting well below market and one vacant unit ready to be repositioned. Several units are more than 200% under market rent, offering immediate potential to increase NOI and property value through rent adjustments and modernization. With nine on-site parking spaces, investors can also generate additional income through parking fees or RUBS implementation.

Location

Listed By

Listing Agent

Taylor Avakian

taylor@lyonstahl.com

916-996-4421

Lyon Stahl Investment Real Estate, Inc.

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The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 23rd April, 2026 11:43 PM (UTC)

Listing Agent: Taylor Avakian

Listing Office: Lyon Stahl Investment Real Estate, Inc.

Attribution contact: 916-996-4421