541 S Normandie Ave, Los Angeles, CA 90020
541 S Normandie Ave, Los Angeles, CA 90020
541 S Normandie Ave, Los Angeles, CA 90020
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Ron Taibi

Ron Taibi

+1(661) 212-1135
$1,950,000
Est. payment /mo
8 Beds
12 Baths
7,481 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,481 sqft

Price per Sqft $260

MLS Listing ID 26835655

Bedrooms 8

Year Built 1955

Lot Size 7,509 Sqft

Acres 0.1724

Property Sub-Type Multi-Family

Property 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.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Rooms

Other Rooms Stall(s)

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Driveway, Assigned

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Moradian Enterprises, Inc.

Nearby School & Business

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Ron Taibi

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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