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For Sale

$1,100,000

6,508 sqft$169/sqft95 days on market

3914 S Normandie Avenue

Los Angeles, CA 90037

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

6,508

Square feet

1921

Built

Listing narrative

Description

We are pleased to present 3914 Normandie Ave, a rare 4-unit multifamily investment in Los Angeles, available for the first time in over 20 years. Ideally located minutes from the University of Southern California (USC), the property benefits from strong, year-round rental demand with additional upside as Los Angeles prepares for the 2028 Olympic Games. Situated on a ±6,506 SF lot, the ±3,412 SF property features an attractive unit mix of three 2BD/1BA units and one spacious 4BD/2BA unit. Offered at $1,100,000 ($275,000/unit), the asset generates $8,600/month in current rental income with a pro forma of $10,900/month. The cap rate improves from 6.26% to 8.60% at market rents, while tenants pay for trash, gas, and electricity, helping minimize operating expenses. Recent improvements include a renovated vacant unit with updated kitchen, bathroom, flooring, and windows, along with new electrical panels serving the rear units. Zoned LAR3 and positioned near USC, Downtown Los Angeles, Exposition Park, and major transit corridors, 3914 Normandie Ave offers investors a well-maintained asset with strong in-place cash flow and meaningful long-term upside.

Listing agent (MLS): Fletcher Norseen · Listing brokerage (MLS): Lyon Stahl Investment Real Estate, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,100,000

Beds

Beds n/a

Type

Condo

Home Size

6,508 sqft

Baths

Baths n/a

Lot Size

0.15 acres

Year

1921

Status

For Sale

Days on Market

95

$ / Sqft

$169

· 8% down, 7% APR, 30yr fixed
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Courtesy of Lyon Stahl Investment Real Estate, Inc.