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7831 S Normandie

Los Angeles, CA 90044
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Bed 1

Bed

Bath 1

Bath

SqFt2,090

Sqft

SqFt5,200

Sqft(Lot)

HUGE PRICE REDUCTION by nearly a $100k drop. Sellers highly motivated. 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 expense s and efficient management, making this an ideal turnkey hold with value-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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $849,000

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

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Central Cooling: None

  • Building Information

    Year Built: 1948
    Building Area Total: 2090
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5200 Lot Size Acres: 0.1194 Lot Size Source: Assessor Lot Size Square Feet: 5,200 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $849000
    Original Price: $948888
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  • Tax Information

    Parcel Number: 6018025022 Tax Lot: 22 Tax Block: 32

  • Parking Information

    Parking Total: 4 Assigned, Garage

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: Nearest maior cross streets off Normandie Ave & Manchester Ave WaterSource: Public
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Nearby Home Value

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678 W 61st #3, Los Angeles, CA, 90044 $699,000 4 3 1,644 1,644 SqFt
822 W 60th, Los Angeles, CA, 90044 $980,000 13 8 --
6414 S Hoover Street, Los Angeles, CA, 90044 $749,999 7 4 2,330 2,330 SqFt
6414 S Hoover Street, Los Angeles, CA, 90044 $749,999 7 4 --
7019 Estrella, Los Angeles, CA, 90044 $1,450,000 12 6 --
6812 S Hoover, Los Angeles, CA, 90044 $700,000 3 -- 2,093 2,093 SqFt
947 W 60th, Los Angeles, CA, 90044 $650,000 2 2 1,370 1,370 SqFt
623 W 78th, Los Angeles, CA, 90044 $899,000 7 4 --

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ByOwner last updated this listing 08/10/2026 @ 14:25

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

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