916 S Normandie Ave, Los Angeles, CA 90006
916 S Normandie Ave, Los Angeles, CA 90006
916 S Normandie Ave, Los Angeles, CA 90006
916 S Normandie Ave, Los Angeles, CA 90006
916 S Normandie Ave, Los Angeles, CA 90006
916 S Normandie Ave, Los Angeles, CA 90006
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Armand Martin

Armand Martin

+1(661) 221-5011
$ 1,600,000
Est. payment | /mo

8 Beds

13 Baths

5,872 SqFt

Save
$ 1,600,000
Est. payment | /mo
Save

8 Beds

13 Baths

5,872 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,872 sqft

Price per Sqft $272

MLS Listing ID 26934849

Style Mid-Century

Bedrooms 8

Year Built 1957

Lot Size 6,402 Sqft

Acres 0.147

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Fireplaces Type None

Equipment Refrigerator, Range/Oven

Laundry None

Exterior

Parking Features Assigned, Carport Attached

Garage Spaces 9.0

Pool None

Waterfront Description None

View Y/N Yes

View City

Building

Lot Description Alley Paved, Lot Shape-Rectangular, Single Lot, Fenced

Story 2

Water Public

Architectural Style Mid-Century

Level or Stories Multi/Split

Structure Type Stucco

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

Nearby Locations

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Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com

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916 S Normandie Ave