Active

7831 S Normandie

Los Angeles, CA 90044

$948,888 $4,000/Mo

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Overview

Bed

Bath

2,090

Sqft

5,200

Sqft(Lot)

Description

High-yield, stabilized 4-unit asset with strong in-place income and future upside in the path of Los Angeles’ continued economic expansion. This approximately 2090 sqft multi-family property is 100% tenant-occupied, with four 1 bedroom units; three units are currently at market rents, offering investors immediate cash flow and a favorable going-in cap rate with additional rental upside for the fourth unit. The property features detached car garage structures plus two assigned parking spaces, ensuring each unit benefits from dedicated parking—a critical driver of tenant retention and rental premiums in dense Los Angeles markets. Separately metered utilities and a well-maintained layout contribute to low operating expenses and efficient management, making this an ideal turnkey hold with valu e-add potential. Strategically located with convenient access to major employment and school/university hubs as well as to transit corridors 110/105 fwys. Plus sits within close proximity to Downtown Los Angeles, USC Village, Hollywood Park, and Los Angeles International Airport—all key demand drivers for long-term and short-term housing. Positioned to benefit from the upcoming 2028 Summer Olympics, also nearby SoFi Stadium, Intuit Dome, BMO Stadium, LA Memorial Coliseum, USC, Crypto.com Arena, and DTLA Live Hub, Los Angeles is expected to experience millions of visitors this a significant surge in housing demand, with estimates of up to 15 million attendees which will continue to drive increased competition for rental housing and premium lease rates across the market. With strong current income, favorable cap rate dynamics, and exposure to one of the largest global events driving rental demand in Southern California, this property represents a compelling opportunity for investors seeking both immediate returns and long-term appreciation in a high-demand Los Angeles rental corridor. New multi-family projects are also underway as part of its up-and-coming modernization efforts. All four units are currently tenant-occupied with signed lease agreements. The property features fully functional utilities, bar-secured windows for added security and expansive driveway for add’l parking. This is a solid income-producing asset ready for your portfolio. Drive by only, offers subject to interior inspection. Please DO NOT disturb tenants and DO NOT walk on the property.

Property Details

Property Type : Residential Income

Price : $948,888

AD Id : 77560836

MLS Id : CV26083183

Beds : 1

Lot Size : 5,200 Sqft

Living Area Size : 2,090

Year Built : 1948

Garage : 4

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Fireplace: None
Cooling Features

None Air Conditioning

Heating Source

Central Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1948 Building Area Total: 2,090
Pool Features

None

Laundry Features

See Remarks

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1194
Lot Size Source: Assessor Lot Size Square Feet: 5200

Listing Price Information

Original List Price: 948,888 Listing Contract Date: 2026-04-17
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 6018025022

Garage and Parking

Garage Description: Assigned,Garage

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Directions: Nearest maior cross streets off Normandie Ave & Manchester Ave Source Property Type: Residential Income Area: C34 - Los Angeles Southwest Property SubType: Quadruplex
Building and Construction

Property Age: 78 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: See Remarks Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

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947 81, Los Angeles, CA, 90044	$998,000	3	--	1,502	1,502 SqFt
600 W 61st Street, Los Angeles, CA, 90044	$625,000	3	2	1,478	1,478 SqFt
6530 Denver, Los Angeles, CA, 90044	$949,000	5	4	2,135	2,135 SqFt
6519 Denver Avenue, Los Angeles, CA, 90044	$885,000	6	4	1,672	1,672 SqFt
629 W Gage Avenue, Los Angeles, CA, 90044	$599,990	5	3	1,830	1,830 SqFt
678 W 61st #3, Los Angeles, CA, 90044	$699,000	4	3	1,644	1,644 SqFt
6414 S Hoover Street, Los Angeles, CA, 90044	$749,999	7	4	2,332	2,332 SqFt
6414 S Hoover Street, Los Angeles, CA, 90044	$749,999	7	4	2,330	2,330 SqFt
7019 Estrella, Los Angeles, CA, 90044	$1,450,000	12	6	3,555	3,555 SqFt
6812 S Hoover, Los Angeles, CA, 90044	$799,000	3	--	2,093	2,093 SqFt

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ByOwner last updated this listing 06/17/2026 @ 08:11

MLS: CV26083183 LISTED BY: Darwin Ciria, MCLEOD AND ASSOCIATES 909-612-9488 SOURCE: CRMLS