- 3 Beds
- 2 Baths
- 4,837 Sqft
- .15 Acres
3005 S Normandie Avenue
3005 S Normandie Ave | 8-Unit Multifamily in Adams-Normandie Near USC & Downtown LA. Built in 1960, the property features a balanced unit mix of (6) 1-Bed/1-Bath and (2) 2-Bed/1-Bath units totaling 4,837 SF on a 6,600 SF LAR3-zoned lot. Priced at $1,475,000 (~$184K per unit / $305 per SF), this offering presents investors with a strong blend of in-place income and meaningful upside through rent growth, light renovations, and operational improvements. The property currently achieves a 6.28% cap rate, with pro forma projections of 8.66%, driven by units renting well below market and one vacant unit ready to be repositioned. Several units are more than 200% under market rent, offering immediate potential to increase NOI and property value through rent adjustments and modernization. With nine on-site parking spaces, investors can also generate additional income through parking fees or RUBS implementation.
Essential Information
- MLS® #25603683
- Price$1,475,000
- Bedrooms3
- Bathrooms2.00
- Square Footage4,837
- Acres0.15
- Year Built1960
- TypeResidential Income
- StatusActive
Community Information
- Address3005 S Normandie Avenue
- AreaC16 - Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Amenities
- Parking Spaces9
- ParkingCarport
- GaragesCarport
Interior
- HeatingWall Furnace
- CoolingWall/Window Unit(s)
- StoriesTwo
Additional Information
- Date ListedOctober 6th, 2025
- Days on Market76
- ZoningLAR3
Listing Details
- AgentTaylor Avakian
Office
Lyon Stahl Investment Real Estate, Inc.
Price Change History for 3005 S Normandie Avenue, Los Angeles, (MLS® #25603683)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,500,000 to $1,475,000 |
Taylor Avakian, Lyon Stahl Investment Real Estate, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of December 21st, 2025 at 9:35am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.