$1,945,000
 $10,441 est/mo Sourced by Back At You

132 N Normandie,Los Angeles, CA 90004

Los Angeles, CA 90004

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Description

Nestled in the heart of prime Koreatown, this 8-unit property offers an attractive investment opportunity with a versatile unit mix comprised of 1 studio unit, 6 one-bedroom units, and 1 two-bedroom unit, appealing to a wide range of tenants. Spanning approximately 6,080 square feet on a 5,749-square-foot lot, the property also features 7 to 8 tandem parking spaces. Currently generating a gross annual rent of approximately $145,224, the asset presents strong upside potential in rents. With a permit already pulled for the soft-story retrofit, a new roof underway, and several units recently updated, this property combines current income with clear value-add opportunities. Ideally located in a vibrant, walkable neighborhood near shops, dining, and public transit, this is a prime opportunity to invest in one of Los Angeles’ most dynamic and in-demand rental markets.

Details

MLS #SR26094522
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1958
Days On Site115
Listing Provided ByRe/Max Luxe | Ashkan Etemad-Sadati

Features

SQ Feet6,080
Story(s)2
Units8
Building(s)1
Acreage0.13

Exterior

Lot FeaturesNo Landscaping

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesStorm Drains, Street Lights, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90004
AreaC17 Mid Wilshire
Listing VS Median (in 90004)
Price:
$1,945,000
low | high
Med:
$1,750,000
60.025706940874% of Average
sqft:
6,080
low | high
Med:
5,204
64.407894736842% of Average
$ / sqft:
$320
low | high
Med:
$336
44.880149538915% of Average
On site:
115
low | high
Med:
122
94.262295081967% of Average
Sourced by Back At You

Market Activity 90004

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90004
AreaC17 Mid Wilshire
Listing VS Median (in 90004)
Price:
$1,945,000
low | high
Med:
$1,750,000
60.025706940874% of Average
sqft:
6,080
low | high
Med:
5,204
64.407894736842% of Average
$ / sqft:
$320
low | high
Med:
$336
44.880149538915% of Average
On site:
115
low | high
Med:
122
94.262295081967% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.458M - $2.431M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
109 S Catalina Street Property Photo 1
$1,600,000
109 S Catalina Street
Los Angeles, CA 90004
Listing Updated: August 21, 2026 at 10:54:25 PM PDT
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