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541 S Normandie Ave , Los Angeles, CA 90020
$1,950,000
Est. Payment: $9,812.09/mo
1 Bed
2 Bath
7481 Sqft
Status: active with contingency | Days on site: 77
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

Excellent 12-unit investment opportunity located in the highly desirable Mid-Wilshire/Koreatown area of Los Angeles. 541 S Normandie Ave offers strong current income with significant rental upside potential. The property consists of a unit mix of eight 1-bedroom/1-bath units and four studio units situated on a 7,509 SF lot with LAR4 zoning. Seismic retrofit has already been completed, adding substantial value and reducing future capital expenditure concerns. Property also includes plans for additional ADU units, creating a rare opportunity for increased density and future income growth. Seller may offer favorable seller financing terms with as little as 25% down, featuring a 10-year interest-only note with no prepayment penalty. Centrally located near Wilshire Blvd, dining, shopping, public transit, and major employment centers. Excellent opportunity for investors seeking cash flow with long-term appreciation potential.
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Highlights

Listed by Christian Santiago , 310-382-7731 Moradian Enterprises, Inc. , 310-467-6320. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.17

Year Built

1955

County

Los Angeles

Area

C17 - Mid-Wilshire

Listing ID

26835655

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:LAR4
Others:2+ Total Units,Has ADU
Parking Features:Assigned,Driveway
Principal Interest
$9,812
Taxes
$1,243

Home Price

$1,950,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$390,000
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:
$9,812.09

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,812.09 $1,243.13 $0.00 $11,055.22
Yearly $117,745.10 $14,917.50 $0.00 $132,662.60
Total $3,532,353.02 $447,525.00 $0.00 $3,979,878.02

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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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: 2026-08-08T12:37:49.000Z

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