541 S Normandie Avenue
Los Angeles, CA 90020
8
Bed
0
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
-
Bedroom Information
Total Bedrooms: 8Bathroom Information
Total Baths: 12 Full Baths: 0 Half Baths: 0 -
Cooling Features
None Air ConditioningHeating Source
Wall Furnace Has Heating
-
Building Information
Year Built: 1955 Building Area Total: 7,481
-
Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1724 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7509
-
Listing Price Information
Original List Price: 1,950,000 Listing Contract Date: 2026-05-18 -
Lease Information
Listing Agreement: Seller Reserved
-
Tax Information
Parcel Number: 5502017003
-
Garage and Parking
Garage Description: Assigned,DrivewayHomeowners Association
-
Other Property Info
Source Listing Status: Active Source Neighborhood: C17 - Mid-Wilshire Postal Code Plus 4: 3024 Directions: From Wilshire Blvd, head north on Normandie Ave. Property is located just north of 6th St on the east side of the street Zoning: LAR4 Source Property Type: Residential Income Area: C17 - Mid-Wilshire -
Building and Construction
Property Age: 71 Year Built Source: Vendor Enhanced Total Square Feet Living: 7481 Levels or Stories: Multi/Split
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 311 S New Hampshire Ave.., Los Angeles, CA, 90020 | $3,925,000 | 24 | -- | 11,792 | 11,792 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 | $5,900,000 | 15 | -- | 18,783 | 18,783 SqFt |
| 400 S Mariposa Avenue, Los Angeles, CA, 90020 | $4,795,000 | 16 | -- | 16,736 | 16,736 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 |
| 453 S Gramercy Place, Los Angeles, CA, 90020 | $3,800,000 | 8 | -- | 8,594 | 8,594 SqFt |
| 523 S Wilton Place, Los Angeles, CA, 90020 | $1,390,000 | 7 | -- | 3,504 | 3,504 SqFt |
| 320 Westminster Avenue, Los Angeles, CA, 90020 | $2,350,000 | 9 | -- | 4,608 | 4,608 SqFt |
| 333 S Arden Boulevard, Los Angeles, CA, 90020 | $6,100,000 | 5 | 4 | 3,878 | 3,878 SqFt |
Similar Homes To 541 S Normandie Avenue
Nearby For Sale
Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
ByOwner last updated this listing 06/22/2026 @ 11:14
More Cities with for Sale by Owner Homes
- Los Angeles Homes For Sale By Owner
- Huntington Park Homes For Sale By Owner
- Maywood Homes For Sale By Owner
- South Gate Homes For Sale By Owner
- Bell Gardens Homes For Sale By Owner
- Lynwood Homes For Sale By Owner
- Bell Homes For Sale By Owner
- East Los Angeles Homes For Sale By Owner
- View Park Homes For Sale By Owner
- Inglewood Homes For Sale By Owner
- Commerce Homes For Sale By Owner
- City Terrace Homes For Sale By Owner
- Gardena Homes For Sale By Owner
- Los Angeles Homes For Sale By Owner
- Compton Homes For Sale By Owner
- Paramount Homes For Sale By Owner
- Monterey Park Homes For Sale By Owner
- Downey Homes For Sale By Owner
- Montebello Homes For Sale By Owner
- El Sereno Homes For Sale By Owner
Homes around $1,950,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.