11700 S Normandie Ave, Los Angeles, CA 90044 | Cancelled

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  • (0)
  • 6 Units
  • 3,648 Sq Ft
  • 8,113 Sq Ft
  • Unknown Cap Rate
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Description

6-unit multifamily investment property located at 11700 South Normandie Avenue in the 90044 zip code of Los Angeles. The 3,648 square foot subject property sits on a 8,112 square foot lot and with close proximity to the 105 Freeway as well as multiple educational institutions such as Los Angeles Southwest College, Saint Frances X Cabrini Catholic School, and West Athens Elementary, making it a perfect living place for tenants with children, or those continuing their higher education. The subject property has a very attractive unit mix of all 2 Bedroom / 1 Bathroom units and is currently 100% occupied. Five of the six units are being occupied by Section 8 tenants, providing a new investor stable and secure income . The subject property sits in one of LAs Qualified Opportunity Zones, which enables the new investor the opportunity to forego all capital gains taxes on the exit after ample renovation and a 10-year hold. Another way a savvy investor could add significant value would be to utilize the new ADU program that was rolled out state-wide at the beginning of 2020. The program would allow the addition of two, 2 Bedroom / 2 Bathroom units which would generate roughly $50,000 of extra rental income every year and add around $600,000 of property value. This new program is being utilized all over the city as it has offered investors an easy road map to increase income.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,450,000
Property Type Multi-Family
Usable Sqft 3,648
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1960
Last Sold Unknown
Sold Price Unknown
APN # 6079008025
MLS # 25571227
Property ID 291516542
Lot Sqft 8,113
Zoning LCR3YY
Total Units 6
Date Updated December 24, 2025
Date Created July 28, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 2 1.00 $1,840 $12,600
Gross Income (Yr) $ 129,500
Operating Expenses $ 34,250
Net Income (Yr) $ 95,250
Cap Rate6.50%

Listing Provided By

Alex Galuz an agent of . Lic #01291486


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