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For sale
  • $1,950,000

    541 S Normandie Ave, Los Angeles, CA 90020

    8beds
    12baths
    7,481sqft
    : 
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    Multi Family
    Built in 1955
    -- sqft lot
    $1,858,600 Zestimate®
    $261/sqft
    $-- HOA

    What's special

    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.
    34 days
    |
    107
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christian Santiago DRE # 02153492 310-382-7731,

    Moradian Enterprises, Inc. 310-467-6320

    Source: CLAW,MLS#: 26835655MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 12
      Heating
      • Wall
      Cooling
      • None
      Interior area
      • Total structure area: 7,481
      • Total interior livable area: 7,481 sqft

      Property

      Parking
      • Parking features: Driveway, Assigned
      • Has uncovered spaces: Yes
      Features
      • Levels: Multi/Split
      • Stories: 2
      Lot
      • Size: 7,509 Square Feet
      Details
      • Additional structures: Stall(s)
      • Parcel number: 5502017003
      • Zoning: LAR4
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1955

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $261/sqft
      • Tax assessed value: $496,708
      • Date on market: 5/19/2026
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        Estimated market value

        $1,858,600

        $1.77M - $1.95M

        $2,513/mo

        Price history

        DateEventPrice
        5/19/2026Listed for sale$1,950,000-2.3%$261/sqft
        Source: CLAW #26835655 Report a problem
        5/18/2026Listing removed$1,995,000$267/sqft
        Source: CLAW #26632139 Report a problem
        4/14/2026Listed for sale$1,995,000$267/sqft
        Source: CLAW #26632139 Report a problem
        3/24/2026Listing removed$1,995,000$267/sqft
        Source: CLAW #26632139 Report a problem
        2/20/2026Price change$1,995,000-5%$267/sqft
        Source: CLAW #26632139 Report a problem
        2/1/2026Listed for sale$2,100,000+13.5%$281/sqft
        Source: CLAW #26632139 Report a problem
        7/25/2025Sold$1,850,000-5.1%$247/sqft
        Source: CLAW #25541707 Report a problem
        5/21/2025Listed for sale$1,950,000$261/sqft
        Source: CLAW #25541707 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: Koreatown

          Getting around

          96 / 100
          Walker's Paradise
          80 / 100
          Excellent Transit
          56 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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