Skip main navigation
Under contract
  • $1,950,000

    541 S Normandie Ave, Los Angeles, CA 90020

    8beds
    12baths
    7,481sqft
    : 
    $12,026/mo
    Get pre-qualified
    Multi Family
    Built in 1955
    -- sqft lot
    $1,837,900 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.
    88 days
    |
    124
    |
    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

      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

        Estimated market value

        $1,837,900

        $1.75M - $1.93M

        $2,563/mo

        Price history

        DateEventPrice
        8/3/2026Contingent$1,950,000$261/sqft
        Source: CLAW #26835655 Report a problem
        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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Koreatown

        Getting around

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

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

          1. Local buyer's agents are ready to help