916 S Normandie Avenue
Los Angeles, CA 90006
8
Bed
13
Bath
5,872Sqft
6,402Sqft(Lot)
The subject property is a 13-unit apartment building located at 916 S. Normandie Ave in Los Angeles. Built in 1957 and zoned LAR3, the property consists of (3) Bachelors (8) 1 Bed, 1 Bath units, and (2) Studio, 1 Bath units, totaling 8,285 rentable square feet on a 6,399-square-foot lot. The property is offered at an attractive basis of $123,000 per unit and $272 per square foot, while generating a compelling 5.97% in-place cap rate and 8.95 GRM. The asset will be delivered with four vacant units, providing the next owner with an immediate opportunity to lease units at current market rents and enhance cash flow from day one. With approximately 41% rental upside embedded in the existing rent roll, the property offers significant value-add potential, with the pro forma cap rate approaching
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 13 -
Interior Features
Appliances: RefrigeratorLaundry Features: None -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1957Building Area Total: 5872Construction Materials: StuccoPool Features: NonePrivate Pool: NoView: CityLights
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Lot Information
Main Square Feet: 6402 Lot Size Acres: 0.147 Lot Size Square Feet: 6,402 Lot Description: RectangularLot
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Listing Price Information
Listing Price: $1600000
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Tax Information
Parcel Number: 5094022005
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Virtual Tour
Parking Information
Parking Total: 9 AttachedCarport, AssignedGarage Information
Has Attached Garage: Yes
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Location Information
Direction: Heading North on Normandie, continue past San Marino St. The property is on the East side of the street. Security Features: CarbonMonoxideDetectors,GatedCommunity,SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1016 S Westlake Avenue, Los Angeles, CA, 90006 | $1,699,999 | 16 | 8 | 5,492 | 7,503 Sq. Ft |
| 1032 S Westlake Avenue, Los Angeles, CA, 90006 | $1,000,000 | 6 | 4 | -- | 7,502 Sq. Ft |
| 1242 S Bonnie Brae, Los Angeles, CA, 90006 | $740,000 | 4 | 2 | 2,207 | 5,625 Sq. Ft |
| 1147 S Westlake Avenue, Los Angeles, CA, 90006 | $949,000 | 4 | 3 | 2,110 | 5,412 Sq. Ft |
| 1324 S Westlake Avenue, Los Angeles, CA, 90006 | $800,000 | 8 | 5 | -- | 8,669 Sq. Ft |
| 977 Arapahoe Street, Los Angeles, CA, 90006 | $1,800,000 | 7 | 6 | 4,542 | 8,542 Sq. Ft |
| 2300 W 12th Street, Los Angeles, CA, 90006 | $1,295,000 | 9 | 6 | 4,032 | 6,274 Sq. Ft |
| 1605 S Bonnie Brae Street, Los Angeles, CA, 90006 | $785,000 | 5 | 3 | 2,294 | 5,876 Sq. Ft |
| 1136 Arapahoe, Los Angeles, CA, 90006 | $1,360,000 | 4 | 8 | -- | 7,252 Sq. Ft |
| 1611 S Bonnie Brae Street, Los Angeles, CA, 90006 | $625,000 | 4 | 2 | 1,378 | 6,380 Sq. Ft |
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ByOwner last updated this listing 09/25/2026 @ 21:31
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