201 N Normandie Avenue
Los Angeles, CA 90004
18
Bed
0
Bath
8,677Sqft
7,702Sqft(Lot)
Price Reduction! 100% Fully renovated 18-unit apartment building with permits cash flowing at an amazing 6.26% Cap Rate and 11.6 GRM from day 1! All the units have already been leased at full market rents for ~$2,400 per month providing an incredible cash flow. The offering provides investors with a unique opportunity to purchase a premium asset that was completely vacated and renovated. 201 N Normandie Avenue was built in 1923 and boasts 16 stylish apartment homes renovated in 2023 as well as 2 brand-new detached ADUs built in 2024. Ownership has conducted a complete property restoration with permits. It features an attractive unit composition of eighteen (18) spacious and well-designed One-Bedroom | One-Bathroom units. In all, 201 North Normandie Avenue features ~8,677 square feet of imp
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 542 N Commonwealth, Los Angeles, CA, 90004 | $1,675,000 | 3 | 3 | 2,847 | 2,847 SqFt |
| 432 N Commonwealth, Los Angeles, CA, 90004 | $795,000 | 4 | 2 | 1,432 | 1,432 SqFt |
| 441 N Commonwealth Avenue, Los Angeles, CA, 90004 | $850,000 | 1 | 1 | 1,014 | 1,014 SqFt |
| 447 N Commonwealth Avenue, Los Angeles, CA, 90004 | $900,000 | 3 | -- | 1,798 | 1,798 SqFt |
| 3812 Middlebury, Los Angeles, CA, 90004 | $799,800 | 3 | 2 | 1,240 | 1,240 SqFt |
| 449 N Virgil, Los Angeles, CA, 90004 | $1,299,000 | 2 | 2 | 1,886 | 1,886 SqFt |
| 3875 Middlebury Street, Los Angeles, CA, 90004 | $699,000 | 2 | 1 | 667 | 667 SqFt |
| 3220 W 2nd Street, Los Angeles, CA, 90004 | $1,480,000 | 8 | -- | 7,985 | 7,985 SqFt |
| 210 S Commonwealth Avenue, Los Angeles, CA, 90004 | $3,590,000 | 24 | -- | 10,884 | 10,884 SqFt |
| 124 N Westmoreland Avenue, Los Angeles, CA, 90004 | $4,350,000 | -- | -- | 17,730 | 17,730 SqFt |
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ByOwner last updated this listing 06/23/2026 @ 10:18
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