714-745-2708

916 S Normandie Avenue, Los Angeles, CA 90006

$1,600,000 Approx. USD 8 beds, 13 baths
5,872 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

William James | will@lyonstahl.com
Lic#: 01734419
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 310-600-9858

Co Listing Agent

Peter James | peter@lyonstahl.com
Lic#: 01748556
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 310-467-7581

Agent Remarks

The subject property is a 13-unit apartment building located at 916 S. Normandie Ave in Los Angeles. Built in 1957 and zoned LAR3, the property consists of (3) Bachelors (8) 1 Bed, 1 Bath units, and (2) Studio, 1 Bath units, totaling 8,285 rentable square feet on a 6,399-square-foot lot. The property is offered at an attractive basis of $123,000 per unit and $272 per square foot, while generating a compelling 5.97% in-place cap rate and 8.95 GRM. The asset will be delivered with four vacant units, providing the next owner with an immediate opportunity to lease units at current market rents and enhance cash flow from day one. With approximately 41% rental upside embedded in the existing rent roll, the property offers significant value-add potential, with the pro forma cap rate approaching 11% as rents are brought to market.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26934849

Price: $1,600,000

Beds: 8

Baths: 13

None fireplaces

Built in 1957

5,872 sqft

0.15 acres

Lot size: 0.1470

County: Los Angeles

Property style: Mid-Century Modern

Zoning: LAR4

Construction: Stucco

Appliances: Refrigerator

Parking description: Attached Carport,Assigned

Lot description: Rectangular Lot

Heating/cooling: Wall/Window Unit(s)

Heating description: Wall Furnace

MLS area: C17 - Mid-Wilshire

Last Updated: 9/24/2026

Days On Market (DOM): 35

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This listing belongs to the C17 - Mid-Wilshire MLS area

The style of this listing is Mid-Century Modern.
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Lat/Long: 34.055195, -118.299482.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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