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Listed by Darwin Ciria, DRE #01981762 • MCLEOD AND ASSOCIATES
$ 849,000
Est. payment /mo
Price Dropped by $99K
7831 S Normandie Los Angeles, CA 90044
5,200 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV26083183
Year Built 1948
Lot Size 5,200 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
HUGE PRICE REDUCTION by nearly a $100k drop. Sellers highly motivated. High-yield, stabilized 4-unit asset with strong in-place income and future upside in the path of Los Angeles' continued economic expansion. This approximately 2090 sqft multi-family property is 100% tenant-occupied, with four 1 bedroom units; three units are currently at market rents, offering investors immediate cash flow and a favorable going-in cap rate with additional rental upside for the fourth unit. The property features detached car garage structures plus two assigned parking spaces, ensuring each unit benefits from dedicated parking-a critical driver of tenant retention and rental premiums in dense Los Angeles markets. Separately metered utilities and a well-maintained layout contribute to low operating expenses and efficient management, making this an ideal turnkey hold with value-add potential. Strategically located with convenient access to major employment and school/university hubs as well as to transit corridors 110/105 fwys. Plus sits within close proximity to Downtown Los Angeles, USC Village, Hollywood Park, and Los Angeles International Airport-all key demand drivers for long-term and short-term housing. Positioned to benefit from the upcoming 2028 Summer Olympics, also nearby SoFi Stadium,
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Heating Central Forced Air
Cooling None
Exterior
Parking Features Assigned Spaces, Garage
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 6018025022
Special Listing Condition Not Applicable
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