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For sale
  • Listed by: Lyon Stahl Investment Real Estate, Inc. • Fletcher Norseen • Contact: 949-307-8706
    $1,100,000

    3914 S Normandie Ave, Los Angeles, CA 90037

    10beds
    5baths
    3,412sqft
    : 
    $7,002/mo
    Get pre-qualified
    Multi Family
    Built in 1921
    -- sqft lot
    $-- Zestimate®
    $322/sqft
    $-- HOA

    What's special

    We are pleased to present 3914 Normandie Ave, a rare 4-unit multifamily investment in Los Angeles, available for the first time in over 20 years. Ideally located minutes from the University of Southern California (USC), the property benefits from strong, year-round rental demand with additional upside as Los Angeles prepares for the 2028 Olympic Games. Situated on a ±6,506 SF lot, the ±3,412 SF property features an attractive unit mix of three 2BD/1BA units and one spacious 4BD/2BA unit. Offered at $1,100,000 ($275,000/unit), the asset generates $8,600/month in current rental income with a pro forma of $10,900/month. The cap rate improves from 6.26% to 8.60% at market rents, while tenants pay for trash, gas, and electricity, helping minimize operating expenses. Recent improvements include a renovated vacant unit with updated kitchen, bathroom, flooring, and windows, along with new electrical panels serving the rear units. Zoned LAR3 and positioned near USC, Downtown Los Angeles, Exposition Park, and major transit corridors, 3914 Normandie Ave offers investors a well-maintained asset with strong in-place cash flow and meaningful long-term upside.
    12 days
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    121
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    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Fletcher Norseen DRE #02156659 949-307-8706,

    Lyon Stahl Investment Real Estate, Inc.,

    John Stiegler II DRE #01981597,

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB26170801MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 5
      Appliances
      • Laundry: Common Area
      Features
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,412
      • Total interior livable area: 3,412 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Garage
      • Garage spaces: 5
      Features
      • Entry location: multiple
      • Pool features: None
      Lot
      • Size: 6,506 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 5037007014
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • New construction: No
      • Year built: 1921

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Urban
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $322/sqft
      • Tax assessed value: $301,344
      • Date on market: 8/5/2026
      • Listing terms: Conventional
      • Total actual rent: 103200

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,239/mo

        Price history

        DateEventPrice
        8/5/2026Listed for sale$1,100,000+450%$322/sqft
        Source: CRMLS #SB26170801 Report a problem
        9/6/2001Sold$200,000-28.6%$59/sqft
        Source: Public Record Report a problem
        9/8/1999Sold$279,971+1.8%$82/sqft
        Source: Public Record Report a problem
        3/13/1998Sold$275,000+77.4%$81/sqft
        Source: Public Record Report a problem
        11/7/1997Sold$155,000$45/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $301,344 +2%
        2025$4,229 +2.8%$295,437 +2%
        2024$4,115 +1.6%$289,645 +2%
        2023$4,050 +4.2%$283,967 +2%
        2022$3,886 +1.7%$278,400 +2%
        2021$3,820 -0.8%$272,942 +1%
        2020$3,851 $270,144 +2%
        2019$3,851 +7%$264,848 +2%
        2018$3,600 $259,656 +2%
        2017$3,600 +1.9%$254,566 +2%
        2016$3,532 +3.3%$249,575 +1.5%
        2015$3,418 +0.1%$245,827 +2%
        2014$3,413 $241,012 +2.5%
        2012-- $235,220 +8.8%
        2006-- $216,201
        2005-- $216,201 +6%
        2003-- $204,000 -14.6%
        2000-- $239,000
        Find assessor info on the county website

        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.
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        Climate risks

        Neighborhood: South Los Angeles

        Getting around

        71 / 100
        Very Walkable
        64 / 100
        Good Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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