Active

4140 Normal Avenue

Los Angeles, CA 90029
Mark as Favorite
Bed 12

Bed

Bath 0

Bath

SqFt7,148

Sqft

SqFt15,506

Sqft(Lot)

We are pleased to present4140 Normal Avenue, a rare 12-unit bungalow-style investment opportunity showcasing classic 1920s Hollywood charm located between Virgil Ave and N Hoover St. The property sits on an expansive 15,501-square-foot lot and features eight spacious one-bedroom bungalow units along with a two-story structure containing four additional one-bedroom units. The gated entry and garden-style courtyard layout enhance tenant appeal and create a private, community-oriented living environment. The majority of the units have been extensively renovated with stainless steel appliances, kitchen cabinetry, lighting fixtures, designer tile finishes, restored original hardwood flooring, in-unit washer/dryers, and ductless HVAC systems. With effective renovations and proven rents, the prop erty provides strong existing cash flow at a 5.65% CAP rate and11.09 GRM on current income with an additional 28% rental upside as units turn. Ownership has also completed recent cap ex upgrades to the systems and common areas, including garage foundation upgrades, sewer line replacement, and new gate motor. The property features six parking spaces, two in the front and four private garages at the rear, generating $650 per month in additional income with further upside as one space is vacant. There is also potential to convert the garages toADU's (Buyer to verify). Additionally, there is RUBS in place to offset utility expenses. High Walk Score of 91, 4140 Normal Ave is a quarter mile from Los Angeles City College and minutes from the 101Freeway. Virgil Village sits at the crossroads of East Hollywood, SilverLake, and Los Feliz. The neighborhood has experienced significant demographic growth and retail expansion, attracting young professionals and families drawn to notable destinations such as Courage Bagels, Melody, Sqirl, Jewel, Budonoki, The Black Cat, and Virgil Cafe contributing to strong tenant demand and sustained rental growth in the immediate area.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,000,000

AD Id : 76501481

MLS Id : 26670223

Beds : 12

Lot Size : 15,506 Sqft

Living Area Size : 7,148

Year Built : 1923

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 12

    Bathroom Information

    Total Baths: 12 Full Baths: 0 Half Baths: 0
  • Cooling Features

    None Air Conditioning

    Heating Source

    None Has Heating

  • Building Information

    Year Built: 1923 Building Area Total: 7,148

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.356
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 15506

  • Listing Price Information

    Original List Price: 3,000,000 Listing Contract Date: 2026-03-26
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5539013032

  • Garage and Parking

    Garage Description: Detached Carport

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C21 - Silver Lake - Echo Park Postal Code Plus 4: 2908 Directions: Normal Ave and Virgil Ave Zoning: LARD1.5 Source Property Type: Residential Income Area: C21 - Silver Lake - Echo Park
  • Building and Construction

    Property Age: 103 Year Built Source: Vendor Enhanced Total Square Feet Living: 7148 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1209 Hyperion Avenue, Los Angeles, CA, 90029 $1,129,000 -- -- 2,945 2,945 SqFt
1180 N Hoover Street, Los Angeles, CA, 90029 $1,295,000 3 1 1,166 1,166 SqFt
1145 N Hoover Street, Los Angeles, CA, 90029 $1,300,000 9 -- 5,048 5,048 SqFt
1222 N Virgil Avenue, Los Angeles, CA, 90029 $998,000 3 3 1,865 1,865 SqFt
1135 N Commonwealth Ave.., Los Angeles, CA, 90029 $1,495,000 3 2 1,571 1,571 SqFt
760 N Arthur Road, Los Angeles, CA, 90029 $1,995,000 3 3 2,538 2,538 SqFt
718 N Hoover Street, Los Angeles, CA, 90029 $1,699,000 4 -- 3,912 3,912 SqFt
4603 La Mirada Avenue, Los Angeles, CA, 90029 $4,500,000 10 -- 5,082 5,082 SqFt
4520 - 4524 Willow Broo.., Los Angeles, CA, 90029 $1,575,000 12 -- 7,556 7,556 SqFt
4412 Lockwood Avenue, Los Angeles, CA, 90029 $1,350,000 18 -- 5,521 5,521 SqFt

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ByOwner last updated this listing 06/11/2026 @ 06:41

MLS: 26670223 LISTED BY: Neema Ahadian, Marcus & Millichap 310-909-5500 SOURCE: CRMLS

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