$1,945,000
132 N Normandie, Los Angeles CA 90004
Multi-Family (8 Units)
Property type
46 days
On market
$320
Price per sqft
0 cars
Garage
1958
Year built
5,751 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Ashkan Etemad-Sadati DRE #01994702, Re/Max Luxe
Listing updated: May 4, 2026 at 08:20pm.
Last checked: Jun 14, 2026 at 01:30am
Source: CRMLS #SR26094522
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,755 | $0 | $2,500 | Unfurnished |
| 1 | 1 | 1 | — | $1,405 | $0 | $2,500 | Unfurnished |
| 1 | 2 | 1 | — | $1,807 | $0 | $2,500 | Unfurnished |
| 1 | 1 | 1 | — | $1,850 | $0 | $2,500 | Unfurnished |
| 1 | 1 | 1 | — | $1,200 | $0 | $2,500 | Unfurnished |
| 1 | 0 | 1 | — | $1,100 | $0 | $2,500 | Unfurnished |
| 1 | 1 | 1 | — | $1,800 | $0 | $2,500 | Unfurnished |
| 1 | 1 | 0 | — | $1,185 | $0 | $2,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
13.4x
List Price / Annual Gross Rent
Cap Rate
5.15%
NOI / List Price
Gross Scheduled Income: $145,224
Operating Expense: $45,060
Net Operating Income: $100,164
Annual Operating Expenses
Cable TV: $0
Electric: $0
Furniture Replacement: $0
Gardener: $1,800
Fuel: $3,240
Insurance: $8,400
Licenses: $0
Maintenance: $4,500
New Taxes: $21,395
Pest Control: $0
Pool: $0
Professional Management: $0
Supplies: $0
Trash: $0
Water / Sewer: $14,400
Workers Comp: $0
Interior
Laundry: Washer Hookup, Gas Dryer Hookup, Inside
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: No Landscaping
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5518005029
Additional Parcels: No
Tax Lot: 2
Community
Senior Community: No
Community Features: Storm Drains, Street Lights, Sidewalks