201 N Normandie Avenue

Los Angeles, CA
$ 6,100,000 Beds 18 Baths 8 Sq 8,677
Monthly Estimate* How much can I afford?

Price Reduction! 100% Fully renovated 18-unit apartment building with permits cash flowing at an amazing 6.26% Cap Rate and 11.6 GRM from day 1! All the units have already been leased at full market rents for ~$2,400 per month providing an incredible cash flow. The offering provides investors with a unique opportunity to purchase a premium asset that was completely vacated and renovated. 201 N Normandie Avenue was built in 1923 and boasts 16 stylish apartment homes renovated in 2023 as well as 2 brand-new detached ADUs built in 2024. Ownership has conducted a complete property restoration with permits. It features an attractive unit composition of eighteen (18) spacious and well-designed One-Bedroom | One-Bathroom units. In all, 201 North Normandie Avenue features ~8,677 square feet of improvements on a collective 7,700 square feet of land, zoned LAR3. The property is separately metered for gas and electrical utilities to further reduce operating costs. The property has seen a complete restoration, down to every inch. Overall systems were overhauled with a new roof, plumbing, and electrical systems were updated within the last couple of years with a new panel and wiring. Also, there are updated HVAC systems and new windows in each unit. When approaching the property, tenants are invited with a unique and inviting color scheme featuring a fresh paint job and stylish landscaping. The units have undergone gut-level updating with new wood flooring, updated lighting fixtures, and brand-new kitchen and bathrooms. In the kitchen, there are new cabinets, modern countertops, and new water heaters. The bathrooms boast new vanities, modern fixtures, along with sleek shower stalls. The location is in the heavily sought-after Koreatown and Wilshire Center sub-markets. 201 N Normandie Avenue is poised to capitalize on the tremendous momentum in the immediate area and neighboring Hollywood and Downtown. The subject property's transit-oriented and highly walkable location offers residents access to a myriad of entertainment venues, cultural destinations, and dining options nearby. Given the property's location and strong income metrics, 201 N Normandie Avenue is an ideal investment for investors seeking immediate returns along with long-term wealth preservation and appreciation.

Active

  • Price
  • $ 6,100,000
  • City
  • Los Angeles
  • Bedrooms
  • 18
  • Full Bathrooms
  • 8
  • County
  • Los Angeles
  • Half Bathrooms
  • 0
  • Area
  • Mid-Wilshire
  • Lot Size
  • 0.1768 Acres
  • Zip
  • 90004
  • Sqr Footage
  • 8,677
  • Year Built
  • 1923
  • Style
  • MLS#
  • 24394451
Listed By: Armin Soleimani with Global Platinum Properties, Inc.;
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 8677
Heating WallFurnace
Cooling None
Zoning LAR3
Patio/Porch Features None
Pool Features None
Construction Materials Stucco
Year Built 1923
Stories Count 2
Levels Two
Gross Income 523521
County Los Angeles
Net Operating Income 381819
New Construction false
Property Type ResidentialIncome
HOA false
Special Listing Conditions Standard
Status Active
Directions It is located between Council and Beverly, on the north side of Normandie.
City Los Angeles
Senior Community Y/N false
Number Of Units Total 18
MLS Area C17 - Mid-Wilshire
Lot Size Units SquareFeet
Lot Size Square Feet 7702
Spa Features None
Standard Status Active
Cap Rate 6.26
PostalCity LOS ANGELES

Interior Features

Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Total Bedrooms 18
Total Baths 18

Exterior Features

Parking Features None
Lot Size Area 7702
Foundation Details Raised
Number of Buildings 2
Spa false
Building Area Total 8677
Lot Size Acres 0.1768
Private Pool false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/27/2026 Listed $6,100,000

Property vs Zip Code Average in 90004

Price
AVG $3.15M
$6.1M
Year Built
AVG 1930
1923

Areas That We Cover

201 N Normandie Avenue Los Angeles, CA is a Single Family Home for sale at $6100000 with 8677 sqft and a lot size of 0.1768 Acres Acre(s). 201 N Normandie Avenue Los Angeles has 18 bedrooms, 8 baths and was built in 1923. The property's zip code is 90004 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

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