541 S Normandie AVE, Los Angeles, CA 90020

$1,875,000

Est. payment /mo

$1,950,000

3.8%
Est.Price: ?

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541 S Normandie AVE Los Angeles, CA 90020

8 Beds

12 Baths

7,481 SqFt

SOLD DATE : 08/31/2026

Key Details

Sold Price $1,875,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 7,481 sqft

Price per Sqft $250

MLS Listing ID 26835655

Sold Date 08/31/26

Bedrooms 8

HOA Y/N No

Year Built 1955

Lot Size 7,509 Sqft

Property Description

Excellent 12-unit investment opportunity located in the highly desirable Mid-Wilshire/Koreatown area of Los Angeles. 541 S Normandie Ave offers strong current income with significant rental upside potential. The property consists of a unit mix of eight 1-bedroom/1-bath units and four studio units situated on a 7,509 SF lot with LAR4 zoning. Seismic retrofit has already been completed, adding substantial value and reducing future capital expenditure concerns. Property also includes plans for additional ADU units, creating a rare opportunity for increased density and future income growth. Seller may offer favorable seller financing terms with as little as 25% down, featuring a 10-year interest-only note with no prepayment penalty. Centrally located near Wilshire Blvd, dining, shopping, public transit, and major employment centers. Excellent opportunity for investors seeking cash flow with long-term appreciation potential.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Assigned, Driveway

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5502017003

Special Listing Condition Standard

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Listed by Christian Santiago Moradian Enterprises, Inc. #02153492
Bought with Christian Santiago Moradian Enterprises, Inc.

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James Olvera

James Olvera

+1(909) 760-9091

Agent License ID: 02120214

Agent License ID: 02120214

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