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.

Property details

Year built

1958

Property type

Residential Income

Lot size

5,751 sqft

Location

132 N Normandie • Los Angeles, CA 90004

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Listed by

Ashkan Etemad-Sadati · Re/Max Luxe

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Recent sales near 132 N Normandie

101 N Kenmore Avenue: Sold $1,340,000 · 8 bd · 8 ba · 7,680 sqft · Aug 2026 · 0.2 mi
Compass | DRE #02054048
Buyer's agent: Shawn Mehrannia, Home Team Realty | DRE #01874025
251 N Kenmore Avenue: Sold $1,920,000 · 12 bd · 6 ba · 6,852 sqft · Aug 2026 · 0.3 mi
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Buyer's agent: Hans Chiang Chiang, Azure Waves Realty | DRE #02037013
119 S Hobart Boulevard: Sold $1,600,000 · 5 bd · 4 ba · 2,625 sqft · Jul 2026 · 0.3 mi
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Buyer's agent: Francesca Burik, The Sher Group | DRE #02215051
147 N Berendo Street 202: Sold $715,000 · 3 bd · 2 ba · 1,410 sqft · Apr 2026 · 0.4 mi
Compass | DRE #02072406
Buyer's agent: Lily Sie Sulistyowati, RE/MAX CHAMPIONS WC | DRE #01334118
211 S Berendo Street 3: Sold $395,000 · 1 bd · 1 ba · 712 sqft · Jun 2026 · 0.4 mi
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136 N Serrano Avenue: Sold $1,037,500 · 5 bd · 4 ba · 2,595 sqft · Aug 2026 · 0.4 mi
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Buyer's agent: Jin Seo, Redpoint Realty | DRE #01931207
436 Normandie Place: Sold $1,270,000 · 14 bd · 8 ba · 5,560 sqft · Jul 2026 · 0.5 mi
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519 N Alexandria: Sold $1,130,000 · May 2026 · 0.5 mi
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Closed sales reported in 90004, nearest first, last 12 months. All recent sales in Los Angeles →

Residential Income - 132 N Normandie, Los Angeles, CA