3914 S Normandie AVE, Los Angeles, CA 90037
3914 S Normandie AVE, Los Angeles, CA 90037
3914 S Normandie AVE, Los Angeles, CA 90037
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,100,000
Est. payment /mo
6,507 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26170801

HOA Y/N No

Year Built 1921

Lot Size 6,507 Sqft

Property Sub-Type Apartment

Property 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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Urban

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5037007014

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by Fletcher Norseen Lyon Stahl Investment Real Estate, Inc. 949-307-8706, DRE #02156659

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA, 93036, USA

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3914 S Normandie AVE

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