3914 South Normandie Avenue, Los Angeles, CA 90037
3914 South Normandie Avenue, Los Angeles, CA 90037
3914 South Normandie Avenue, Los Angeles, CA 90037
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Fletcher Norseen • Lyon Stahl Investment Real Estate, Inc.
$1,100,000
Est. payment /mo
3,412 SqFt
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Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,412 sqft

Price per Sqft $322

MLS Listing ID SB-26170801

Year Built 1921

Lot Size 6,506 Sqft

Property Sub-Type Apartment

Source California Regional Multiple Listing Service (CRMLS)

Property Description

We are pleased to present 3914 Normandie Ave, a rare 4-unit multifamily investment in Los Angeles, available for the first time in over 20 years. Ideally located minutes from the University of Southern California (USC), the property benefits from strong, year-round rental demand with additional upside as Los Angeles prepares for the 2028 Olympic Games. Situated on a ±6,506 SF lot, the ±3,412 SF property features an attractive unit mix of three 2BD/1BA units and one spacious 4BD/2BA unit. Offered at $1,100,000 ($275,000/unit), the asset generates $8,600/month in current rental income with a pro forma of $10,900/month. The cap rate improves from 6.26% to 8.60% at market rents, while tenants pay for trash, gas, and electricity, helping minimize operating expenses. Recent improvements include a renovated vacant unit with updated kitchen, bathroom, flooring, and windows, along with new electrical panels serving the rear units. Zoned LAR3 and positioned near USC, Downtown Los Angeles, Exposition Park, and major transit corridors, 3914 Normandie Ave offers investors a well-maintained asset with strong in-place cash flow and meaningful long-term upside.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Sw

Interior

Laundry Common Area

Exterior

Garage Spaces 5.0

Pool None

Community Features Urban

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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3914 South Normandie Avenue