3005 S Normandie AVE, Los Angeles, CA 90007
3005 S Normandie AVE, Los Angeles, CA 90007
3005 S Normandie AVE, Los Angeles, CA 90007
9
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$1,270,000
Est. payment /mo
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10 Beds
8 Baths
4,837 SqFt
Price Dropped by $25K

3005 S Normandie AVE Los Angeles, CA 90007

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Hailey Potok

Hailey Potok

+1(714) 878-0877

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,837 sqft

Price per Sqft $262

MLS Listing ID 25603683

Bedrooms 10

HOA Y/N No

Year Built 1960

Lot Size 6,599 Sqft

Property Description

3005 S Normandie Ave | 8-Unit Multifamily in Adams-Normandie Near USC & Downtown LA. Built in 1960 and fully renovated in 2025, 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 $1,270,000 (~$158,750 per unit / $262.56 per SF), this offering presents investors with a strong blend of in-place income and exceptional upside through rent recovery and operational improvements. The property currently achieves a 7.50% cap rate, with pro forma projections of 10.26%, driven by units renting significantly below market and one vacant unit ready to lease at $1,845 market rent. Portfolio-wide rent upside of 63.94% ($38,427 annual unrealized revenue) creates immediate NOI growth through organic lease turnover. With nine on-site parking spaces, investors can also generate additional income through parking fees or RUBS implementation.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Carport

Total Parking Spaces 9

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5053032036

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc. #02060040

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Hailey Potok

Hailey Potok

REALTOR® | License ID: 02024094

+1(714) 878-0877

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The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Affiliated real estate agents are independent contractor sales associates, not employees. ©2026 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logo are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. 

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3005 S Normandie AVE