11100 S Normandie Avenue

We are pleased to present a value-add multifamily investment opportunity in the heart of Inglewood, one of Los Angeles County's most rapidly appreciating submarkets. Offered at a rare sub-$1,000,000 price point, the property delivers strong in-place cash flow with an approximate 8.2% cap rate and substantial upside through rent growth and future development. This property does NOT fall under the Los Angeles Rent Stabilization Ordinance. The property is currently configured as four units, including a vacant, unwarranted fourth unit that is in the process of being fully rehabilitated by ownership. This unit is a 2-bedroom / 1-bath and carries a pro forma rent of approximately $2,500 per month, providing immediate upside upon stabilization. There is additional upside across the remaining units, with below-market rents offering a clear path to increased income over time. Situated on an expansive 9,000 SF lot, the property offers the potential to develop two ground-up ADU units stacked on top of each other at the rear of the parcel (buyer to verify). Each proposed ADU could be designed as a 1-2 bedroom unit, creating a meaningful long-term value enhancement and significant future cash flow potential. Recent capital improvements, including a new roof and new windows, reduce near-term capital expenditure requirements and enhance overall asset quality. The property is accessed via a rear alley, providing a quieter residential setting that avoids traffic and noise associated with Normandie Avenue. Ideally located near SoFi Stadium, Intuit Dome, and LAX, and less than 15 minutes from Downtown Los Angeles, this offering presents a rare opportunity to acquire a cash-flowing multifamily asset with operational upside and development potential in one of Southern California's most dynamic growth corridors.

Price Change History for 11100 S Normandie Avenue, Los Angeles, (MLS® #26648065)