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Millman Team Real Estate

$1,650,000
0.13 Acre Lot

132 N Normandie, Los Angeles, California 90004

  • Residential Income Property Type
  • 1958 Year Built
Property Description

Nestled in the heart of prime Koreatown, this 8-unit property offers an attractive investment opportunity with a versatile unit mix comprised of 1 studio unit, 6 one-bedroom units, and 1 two-bedroom unit, appealing to a wide range of tenants. Spanning approximately 6, 080 square feet on a 5, 749-square-foot lot, the property also features 7 to 8 tandem parking spaces. Currently generating a gross annual rent of approximately $145, 224, the asset presents strong upside potential in rents. With a permit already pulled for the soft-story retrofit, a new roof underway, and several units recently updated, this property combines current income with clear value-add opportunities. Ideally located in a vibrant, walkable neighborhood near shops, dining, and public transit, this is a prime opportunity to invest in one of Los Angeles’ most dynamic and in-demand rental markets.

Basic Details
Residential Income
For Sale
SR26094522
$1,650,000
1958
0.13 Acre
Active
1
Apartment
Features
: None
: Inside, Washer Hookup, Gas Dryer Hookup
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90004
Normandie
132
W119° 41' 59.7''
N34° 4' 18.6''
East on Beverly Blvd, South on Normandie Ave
C17 - Mid-Wilshire
N
Additional Information
$0
$0
$0
$0
$0
6080
: Sidewalks, Street Lights, Storm Drain(s)
1
: No Landscaping
8
2026-05-01
1945000
2
: Public
Broker/Agent Information
Re/Max Luxe
Ashkan Etemad-Sadati
Listing Information
SR207063486
SR0194500
Cash to New Loan
Active
2026-09-23T21:27:13Z
CRMLS
: Standard
2026-05-01T09:01:24Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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