3914 S Normandie Ave - Apartments FOR SALE


Los Angeles, CA 90037- South Central LA
$1,100,000 USD
310-447-2213
3914 S Normandie Ave, Los Angeles, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/10
null | 6.26% Cap Rate

3914 S Normandie Ave
Los Angeles, CA 90037
South Central LA


HIGHLIGHTS

  • 4-Unit Multifamily Investment Offered for the First Time in Over 20 Years
  • Prime USC Location with Strong Rental Demand & 2028 Olympic Growth Potential
  • Current $8,600/Month Income with Pro Forma Upside to $10,900/Month
  • Three 2 Bed / 1 Bath Units & One Spacious 4 Bed / 2 Bath Unit
  • Tenants Pay Gas, Electricity & Trash

OVERVIEW

The ST group of Lyon Stahl Investment Real Estate is 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.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$322 USD /SF

# OF UNITS

4

PRICE/UNIT

$275,000

CAP RATE

6.26%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Unit - 3914 S Normandie Ave

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,506 SF

ZONING

LAR3

APN/PARCEL ID

5037-007-014

ASK ABOUT THIS PROPERTY

Johnnie StieglerLyon Stahl Investment Real Estate, Inc.More Info
310-447-2213

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Johnnie StieglerLyon Stahl Investment Real Estate, Inc.More Info
310-447-2213

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.