132 N Normandie, Los Angeles, CA 90004

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Beds

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Baths

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Sq ft

About this home

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.

Type

Apartment

Year built

1958

Lot

5,751 sq ft

Garage

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HOA

None

Pool

View

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Solar

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Estimated payment

$10,406/mo

Principal & interest$8,343
Property tax (est.)$1,581
Home insurance (est.)$481

Down payment: 20% ($330,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Ashkan Etemad-Sadati, Re/Max Luxe, 818-917-8459. MLS# SR26094522. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 10:09 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.