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.
Property Details
Price:
$1,600,000
MLS #:
26934849
Status:
Active
Beds:
8
Baths:
13
Type:
Single Family
Neighborhood:
c17midwilshire
Listed Date:
Sep 24, 2026
Finished Sq Ft:
5,872
Total Sq Ft:
5,872
Lot Size:
6,402 sqft / 0.15 acres (approx)
Year Built:
1957
See this Listing
Schools
Interior
Appliances
RF
Cooling
WW
Heating
WL
Laundry Features
NO
Levels
S
Exterior
Architectural Style
MCM
Attached Garage YN
1
Common Walls
_1CW
Construction Materials
STC
Direction Faces
W
Parking Spots
9
Parking Total
9
Security Features
SD, COD, GC
Spa Features
NO
View
CI
Financial
Map
Community
- Address916 S Normandie AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 05, 2026
9,556
Single Family Listed
85
Avg DOM
436
Avg $ / SqFt
$1,563,249
Avg List Price
Property Summary
- 916 S Normandie AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90006. It is listed for $1,600,000 and features 8 beds, 13 baths, and has approximately 5,872 square feet of living space, and was originally constructed in 1957. The current price per square foot is $272. The average price per square foot for Single Family listings in Los Angeles is $436. The average listing price for Single Family in Los Angeles is $1,563,249.
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.916 S Normandie AV
Los Angeles, CA