$6,100,000
-$200,000201 N Normandie Avenue, Los Angeles CA 90004
Multi-Family (18 Units)
Property type
746 days
On market
$703
Price per sqft
N/A
Garage
1923
Year built
7,702 sqft
Lot size
Open Houses
Overview
Price Reduction! 100% Fully renovated 18-unit apartment building with permits cash flowing at an amazing 6.26% Cap Rate and 11.6 GRM from day 1! All the units have already been leased at full market rents for ~$2,400 per month providing an incredible cash flow. The offering provides investors with a unique opportunity to purchase a premium asset that was completely vacated and...
Listing provided by: Armin Soleimani DRE #01846872 310-666-2246, Global Platinum Properties, Inc., Julio Ruiz DRE #01911261 818-524-0706, Global Platinum Properties, Inc.
Listing updated: Sep 30, 2024 at 06:49pm.
Last checked: Jun 5, 2026 at 09:31pm
Source: CRMLS #24394451
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 1 | 1 | — | $2,450 | $2,450 | $2,450 | Unfurnished |
| 2 | 1 | 1 | — | $2,450 | $2,424 | $2,450 | Unfurnished |
| 1 | 1 | 1 | — | $2,440 | $2,440 | $2,450 | Unfurnished |
| 3 | 1 | 1 | — | $2,407 | $0 | $2,450 | Unfurnished |
| 1 | 1 | 1 | — | $2,410 | $2,410 | $2,450 | Unfurnished |
| 2 | 1 | 1 | — | $2,450 | $2,350 | $2,450 | Unfurnished |
| 1 | 1 | 1 | — | $2,450 | $2,407 | $2,450 | Unfurnished |
# of Buildings: 2
# of Units Total: 18
Financial Snapshot
Gross Rent Multiplier
11.7x
List Price / Annual Gross Rent
Cap Rate
6.26%
NOI / List Price
Net Operating Income: $381,819
Interior
Cooling: None
Heating: Wall Furnace
Exterior
Stories Total: 2
Levels: Two
Foundation: Raised
Construction Materials: Stucco
Pool: None
Spa: None
Patio and Porch Features: None
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5518004008
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 201 N Normandie Avenue, Los Angeles, CA 90004. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$4,880,000
Total Interest
$6,224,171
Total Payment
$11,104,171
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$37,349
per month
Property History for 201 N Normandie Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90004.
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