Overview
- 8
- 12
- 7481
- 1955
Description
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 completed, adding substantial value and reducing future capital expenditure concerns. Property also includes plans for additional ADU units, creating a rare opportunity for increased density and future income growth. Seller may offer favorable seller financing terms with as little as 25% down, featuring a 10-year interest-only note with no prepayment penalty. Centrally located near Wilshire Blvd, dining, shopping, public transit, and major employment centers. Excellent opportunity for investors seeking cash flow with long-term appreciation potential.
Address
Open on Google Maps- Address Normandie
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90020
Details
Updated on May 26, 2026 at 10:07 am- Property ID: HZ26835655
- Price: $1,950,000
- Property Size: 7481 Sq Ft
- Bedrooms: 8
- Bathrooms: 12
- Year Built: 1955
- Property Status: ResidentialIncome
- Listed by: Christian Santiago
- DRE #: 02153492
- Contact Mail: Christian@resantiago.net
- Brokered by: Moradian Enterprises, Inc.
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