132 N Normandie, Los Angeles, California 90004
  • $1,945,000

Overview

Property ID: SR26094522
  • Apartment, Residential Income
  • Property Type
  • 6080 Sqft
  • Area Size
  • 1958
  • Year Built

Description

Nestled in the heart of prime Koreatown, this 8-unit property offers an attractive investment opportunity with a versatile unit mix comprised of 1 studio unit, 6 one-bedroom units, and 1 two-bedroom unit, appealing to a wide range of tenants. Spanning approximately 6, 080 square feet on a 5, 749-square-foot lot, the property also features 7 to 8 tandem parking spaces. Currently generating a gross annual rent of approximately $145, 224, the asset presents strong upside potential in rents. With a permit already pulled for the soft-story retrofit, a new roof underway, and several units recently updated, this property combines current income with clear value-add opportunities. Ideally located in a vibrant, walkable neighborhood near shops, dining, and public transit, this is a prime opportunity to invest in one of Los Angeles’ most dynamic and in-demand rental markets.

  • Address: 132 N Normandie
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90004
  • Country: US

Details

Updated on May 4, 2026 at 8:20 pm
  • Property ID SR26094522
  • Price $1,945,000
  • Property Size 6080 Sqft
  • Land Area 0.132 Acres
  • Year Built 1958
  • Property Type Apartment, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash to New Loan
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Storm Drain(s), Street Lights, Sidewalks

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