541 S Normandie Avenue
Los Angeles, CA 90020
8
Bed
12
Bath
7,481Sqft
7,509Sqft(Lot)
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, publi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 12 -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Cooling: None
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Building Information
Year Built: 1955Building Area Total: 7481Private Pool: No
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Lot Information
Main Square Feet: 7509 Lot Size Acres: 0.1724 Lot Size Square Feet: 7,509
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Listing Price Information
Listing Price: $1950000
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Tax Information
Parcel Number: 5502017003
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Virtual Tour
Parking Information
Assigned, Driveway
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Location Information
Direction: From Wilshire Blvd, head north on Normandie Ave. Property is located just north of 6th St on the east side of the street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 428 S Hoover. St., Los Angeles, CA, 90020 | $1,599,999 | 4 | 2 | 1,913 | 1,913 SqFt |
| 3333 W 4th Street, Los Angeles, CA, 90020 | $9,200,000 | 42 | -- | 62,532 | 62,532 SqFt |
| 426 S Catalina Street, Los Angeles, CA, 90020 | $1,899,000 | 8 | -- | 5,506 | 5,506 SqFt |
| 520 S Kenmore Avenue, Los Angeles, CA, 90020 | $4,900,000 | 15 | 24 | 18,783 | 18,783 SqFt |
| 514 S Mariposa Avenue, Los Angeles, CA, 90020 | $3,700,000 | 17 | -- | 12,294 | 12,294 SqFt |
| 525 S Ardmore #338, Los Angeles, CA, 90020 | $308,800 | -- | 1 | 381 | 381 SqFt |
| 512 S Hobart Boulevard, Los Angeles, CA, 90020 | $7,500,000 | 13 | -- | 40,148 | 40,148 SqFt |
| 453 S Gramercy Place, Los Angeles, CA, 90020 | $3,800,000 | 8 | -- | 8,594 | 8,594 SqFt |
| 508 S Wilton Place, Los Angeles, CA, 90020 | $1,360,000 | 4 | 2 | 2,511 | 2,511 SqFt |
| 523 S Wilton Place, Los Angeles, CA, 90020 | $1,390,000 | 7 | 7 | 3,504 | 3,504 SqFt |
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ByOwner last updated this listing 08/11/2026 @ 23:26
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