3020 S Normandie Ave , Los Angeles, CA 90007
$6,250,000
Est. Payment: $32,846.44/mo
6 Bed
8 Bath
12066 Sqft
0.15 Acres
Status: active | Days on site: 10
Get Pre-Qualified
PB2042 - TRZHANCHI
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Chris Heller, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

Introducing 3020 Normandie Avenue, a newly constructed (2025) flex housing investment located less than a mile west of the University of Southern California (USC) and within the Department of Public Safety (DPS) Patrol Zone. The property offers 6 units and 31 bedrooms configured as 24 individually leasable suites across five floor plans: (12) micro studios, (2) studios, (5) 1-bed/1-bath, (3) 2-bed/2-bath and (2) 3-bed/3-bath. Offered at $6,250,000, $201,613 per bedroom and $518 per square foot, the property is currently 100% fully leased fully occupied generating $623,160 in annual scheduled gross income, a 6.54% current cap rate and 10.03x GIM, with 5.9% rental upside supporting a 7% cap rate at market rents. What sets this property apart is its flexibility. Every suite has a private bathroom, ample closet space and its own kitchenette. The layouts appeal to students, faculty, staff and working professionals alike, so vacancies can be filled year-round rather than only at the August turnover, and lease expirations can be staggered to smooth cash flow. The property totals approximately 12,066 square feet of rentable space with 7 on-site parking spaces, rooftop solar panels, security cameras, coded locks, secured mailboxes and parcel lockers. New construction keeps repairs and capital expenditures to a minimum, and the asset may qualify for 100% bonus depreciation tax benefits. The Expo/Vermont and Expo/Western E Line stations are 0.8 miles away, with quick access to Exposition Park, the LA Memorial Coliseum, the I-10 and I-110 freeways and Downtown Los Angeles. Buyer to verify all information, including the legal bedroom count. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING AGENT FOR OFFERING MEMORANDUM AND TO SCHEDULE TOUR.

Highlights

Listed by Chi Zhang , 949-954-0698 Millennium Group Realty , 949-954-0698. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

2025

County

Los Angeles

Area

C34 - Los Angeles Southwest

Listing ID

TR26226939

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:8
Appliances:6 Burner Stove, Dishwasher, Electric Cooktop, Electric Range, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Dryer
Air Cond:Central Air
Fireplaces:
Floor:Wood
Other:
  • ▪ Additional:Furnished, Instant Hot Water
Water:Public

Exterior Features

Lot:Rectangular Lot,No Land Lease
Garage Capacity:7
Zoning:LAR3
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Parking Features:Uncovered
Principal Interest
$32,846
Taxes
$3,984

Home Price

$6,250,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$1,250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$32,846.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $32,846.44 $3,984.38 $0.00 $36,830.82
Yearly $394,157.29 $47,812.50 $0.00 $441,969.79
Total $11,824,718.65 $1,434,375.00 $0.00 $13,259,093.65

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Nov 2026

Average Price

All Price Ranges
N/A
Nov 2026

Average Days on Market

All Price Ranges
N/A
Nov 2026
Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-06T23:30:37.000Z

© 2026 CRMLS/Multi-Regional MLS

MLS Logo - CRMLS/Multi-Regional MLS