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8 Beds
13 Baths
5,872 sqft

$1,600,000

916 S Normandie Avenue, Los Angeles CA, 90006

Price per sqft$272.48
Built in1957
Property size5,872 sqft
Property typeResidential
Listed by William James CA DRE# 01734419 with Lyon Stahl Investment Real Estate, Inc. 310-600-9858

Overview

Active

Listed Sep 1, 2026

Updated 12 days ago

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.

$10,645/mo

Est. mortgage payment based on a $1,600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26934849

Interior Features

Bedrooms
8
Bathrooms
13
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Garage
Yes
View
Yes
55+/Senior Community
No

Also listed on CLAW

MLS provider logo

Listed by William James CA DRE# 01734419 with Lyon Stahl Investment Real Estate, Inc. 310-600-9858

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/25/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/25/2026 at 3:50 AM UTC Last Checked: 3:50 AM UTC

 

 

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