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  • 541 S Normandie Avenue

541 S Normandie Avenue, Los Angeles, CA 90020

$1,950,000 Approx. USD 8 beds, 12 baths
7,481 sqft
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Photo of Scott Waid

Scott Waid REALTORĀ® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
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Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Fax: 858-451-0932
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Listing Agent


Christian Santiago | Christian@resantiago.net
Lic#: 02153492
Broker: Courtesy of Moradian Enterprises, Inc.
Phone: 310-382-7731

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26835655
Price: $1,950,000
Beds: 8
Baths: 12
Built in 1955
7,481 sqft
0.17 acres
Lot size: 0.1724
County: Los Angeles
Zoning: LAR4
Parking description: Assigned,Driveway
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C17 - Mid-Wilshire

Last Updated: 5/26/2026

 Days On Market (DOM): 33

 Find more Los Angeles homes and real estate

 Find more homes in 90020 zip code

This listing belongs to the C17 - Mid-Wilshire MLS area

Lat/Long: 34.064142, -118.300722.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Scott Waid

Scott Waid REALTORĀ® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com

Rancho Bernardo Office
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San Diego, CA 92128
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