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(323) 864-4211
Linda Roth Burrell
541 S Normandie Ave, Los Angeles, CA 90020
- $1,875,000
- 8
- BD
- 12
- BA
- 7,481
- SqFt
- Sold Price
- $1,875,000
- List Price
- $1,950,000
- Closing Date
- Aug 31, 2026
- MLS#
- 26835655
- Year Built
- 1955
- Bedrooms
- 8
- Bathrooms
- 12
- Living Sq. Ft
- 7,481
- Lot Size
- 7,509
- Days on Market
- 70
- Property Type
- Multifamily
- Stories
- 2
Property Description
Excellent 12-unit investment opportunity located in the highly desirable Mid-Wilshire/Koreatown area of Los Angeles. 541 S Normandie Ave offers strong current income with significant rental upside potential. The property consists of a unit mix of eight 1-bedroom/1-bath units and four studio units situated on a 7,509 SF lot with LAR4 zoning. Seismic retrofit has already been completed, adding substantial value and reducing future capital expenditure concerns. Property also includes plans for additional ADU units, creating a rare opportunity for increased density and future income growth. Seller may offer favorable seller financing terms with as little as 25% down, featuring a 10-year interest-only note with no prepayment penalty. Centrally located near Wilshire Blvd, dining, shopping, public transit, and major employment centers. Excellent opportunity for investors seeking cash flow with long-term appreciation potential.
Additional Information
- Other Buildings
- Stall(s)
- Heat
- Wall
- Cooling
- None
- Number of Cars in Garage
- Driveway, Assigned
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Courtesy of Moradian Enterprises, Inc., Christian Santiago - CA DRE#02153492 Selling Office: .
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