3020 S Normandie Avenue, Los Angeles, CA, 90007

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$6,250,000
8 Days On Site

3020 S Normandie Avenue
Los Angeles, CA 90007

For Sale|Apartment|Active
0
Beds
0
Total Baths
12,066
SqFt
$518
/SqFt
2025
Built
County:
Los Angeles
Listed by Chi Zhang of Millennium Group Realty toby062291@gmail.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
3020 S Normandie Avenue3020 S Normandie Avenue3020 S Normandie Avenue3020 S Normandie Avenue
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Introducing 3020 Normandie Avenue, a newly constructed (2025) four-story flex housing investment located less than a mile west of the University of Southern California (USC) and within the Department of Public Safety (DPS) Patrol Zone. The property offers 6 units and 31 bedrooms configured as 24 individually leasable suites across five floor plans: (12) micro studios, (2) studios, (5) 1-bed/1-bath, (3) 2-bed/2-bath and (2) 3-bed/3-bath. Offered at $6,250,000, $201,613 per bedroom and $518 per square foot, the property generates $623,160 in annual scheduled gross income, a 6.54% current cap rate and 10.03x GIM, with 5.9% rental upside supporting a 7% cap rate at market rents. What sets this property apart is its flexibility. Every suite has a private bathroom, ample closet space and its own kitchenette. The layouts appeal to students, faculty, staff and working professionals alike, so vacancies can be filled year-round rather than only at the August turnover, and lease expirations can be staggered to smooth cash flow. The property totals approximately 12,066 square feet of rentable space with 7 on-site parking spaces, rooftop solar panels, security cameras, coded locks, secured mailboxes and parcel lockers. New construction keeps repairs and capital expenditures to a minimum, and the asset may qualify for 100% bonus depreciation tax benefits. The Expo/Vermont and Expo/Western E Line stations are 0.8 miles away, with quick access to Exposition Park, the LA Memorial Coliseum, the I-10 and I-110 freeways and Downtown Los Angeles. Buyer to verify all information, including the legal bedroom count. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING AGENT FOR OFFERING MEMORANDUM AND TO SCHEDULE TOUR.

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Listing Snapshot
Price 
$6,250,000
Days On Site 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,066 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1482 Acres
Year Built 
2025
MLS Number 
TR26226939
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS
General Features
Acres 
0.1482
Direction Faces 
West
Disclosures 
AccessoryDwellingUnit
Land Lease 
No
Levels 
Three Or More
Number Of Stories 
4
Parking Spaces 
7
Property Condition 
New Construction
Property Sub Type 
Apartment
Security 
Closed Circuit Camera(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
12066
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
LAR3
Interior Features
Appliances 
DishwasherElectric CooktopElectric RangeFreezerGas OvenGas RangeMicrowaveRefrigeratorTankless Water HeaterDryerInstant Hot Water
Cooling 
Central Air
Fireplace Features 
None
Flooring 
Wood
Furnished 
Furnished
Heating 
Forced Air
Laundry Features 
Common AreaInsideLaundry Room
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Exterior Features
Fencing 
Vinyl
Lot Features 
Rectangular Lot
Pool Features 
None
Road Frontage 
City Street
Community Features
Community Features 
Street LightsSidewalks
MLS Area 
C34 - Los Angeles Southwest
Financing Terms Available 
Conventional
Building Access 
Street Level


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. The 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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