$1,950,000
541 S Normandie Avenue, Los Angeles CA 90020
Multi-Family (12 Units)
Property type
17 days
On market
$261
Price per sqft
N/A
Garage
1955
Year built
7,509 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Christian Santiago DRE #02153492 310-382-7731, Moradian Enterprises, Inc.
Listing updated: May 26, 2026 at 07:22am.
Last checked: Jun 2, 2026 at 07:30am
Source: CRMLS #26835655
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 0 | 1 | — | $1,290 | $10,318 | $2,400 | Unfurnished |
| 8 | 1 | 1 | — | $749 | $2,996 | $1,300 | Unfurnished |
# of Buildings: 1
# of Units Total: 12
Financial Snapshot
Gross Rent Multiplier
12.2x
List Price / Annual Gross Rent
Cap Rate
5.67%
NOI / List Price
Net Operating Income: $110,476
Annual Operating Expenses
Electric: $3,000
Insurance: $7,500
Maintenance: $2,500
New Taxes: $23,790
Professional Management: $5,000
Trash: $4,000
Water / Sewer: $3,000
Interior
Cooling: None
Heating: Wall Furnace
Exterior
Stories Total: 2
Levels: Multi Split
Garage and Parking
Parking: Assigned, Driveway
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5502017003
Zoning: LAR4
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 541 S Normandie Avenue, Los Angeles, CA 90020. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,560,000
Total Interest
$1,989,694
Total Payment
$3,549,694
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,042
per month
Property History for 541 S Normandie Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90020.
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