3005 S Normandie Avenue
Los Angeles, CA 90007
10
Bed
8
Bath
4,837Sqft
6,601Sqft(Lot)
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 turnove
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 10Bathroom Information
Total Baths: 8 -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1960Building Area Total: 4837Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 6601 Lot Size Acres: 0.1515 Lot Size Square Feet: 6,601
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Listing Price Information
Listing Price: $1270000Original Price: $1500000
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Tax Information
Parcel Number: 5053032036
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Virtual Tour
Parking Information
Parking Total: 9 CarportGarage Information
Has Attached Garage: Yes
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Location Information
Direction: Near the corner of Normandie Ave and W 30th St
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 225 W Adams Boulevard, Los Angeles, CA, 90007 | $1,775,000 | -- | 16 | 8,540 | 8,540 SqFt |
| 1943 Estrella Avenue, Los Angeles, CA, 90007 | $1,350,000 | 8 | 4 | 5,458 | 5,458 SqFt |
| 1011 W 20th, Los Angeles, CA, 90007 | $1,350,000 | 7 | 4 | 2,511 | 2,511 SqFt |
| 2127 Portland Street, Los Angeles, CA, 90007 | $1,600,000 | 11 | 11 | 3,715 | 3,715 SqFt |
| 1017 W 24th Street, Los Angeles, CA, 90007 | $1,220,000 | 4 | -- | 3,104 | 3,104 SqFt |
| 721 W 30th Street, Los Angeles, CA, 90007 | $7,100,000 | 25 | -- | 12,928 | 12,928 SqFt |
| 1276 W 22nd St, Los Angeles, CA, 90007 | $1,290,000 | -- | -- | -- | |
| 1213 W 24th, Los Angeles, CA, 90007 | $2,138,000 | -- | -- | 3,167 | 3,167 SqFt |
| 1236 W 24th, Los Angeles, CA, 90007 | $899,000 | 7 | 4 | 1,850 | 1,850 SqFt |
| 1237 W 25th Street, Los Angeles, CA, 90007 | $2,950,000 | 19 | -- | 6,500 | 6,500 SqFt |
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ByOwner last updated this listing 08/11/2026 @ 11:35
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