HUGE PRICE REDUCTION by nearly a $100k drop. Sellers highly motivated. High-yield, stabilized 4-unit asset with strong in-place income and future upside in the path of Los Angeles’ continued economic expansion. This approximately 2090 sqft multi-family property is 100% tenant-occupied, with four 1 bedroom units; three units are currently at market rents, offering investors immediate cash flow and a favorable going-in cap rate with additional rental upside for the fourth unit. The property features detached car garage structures plus two assigned parking spaces, ensuring each unit benefits from dedicated parking—a critical driver of tenant retention and rental premiums in dense Los Angeles markets. Separately metered utilities and a well-maintained layout contribute to low operating expenses and efficient management, making this an ideal turnkey hold with value-add potential. Strategically located with convenient access to major employment and school/university hubs as well as to transit corridors 110/105 fwys. Plus sits within close proximity to Downtown Los Angeles, USC Village, Hollywood Park, and Los Angeles International Airport—all key demand drivers for long-term and short-term housing. Positioned to benefit from the upcoming 2028 Summer Olympics, also nearby SoFi Stadium, Intuit Dome, BMO Stadium, LA Memorial Coliseum, USC, Crypto.com Arena, and DTLA Live Hub, Los Angeles is expected to experience millions of visitors this a significant surge in housing demand, with estimates of up to 15 million attendees which will continue to drive increased competition for rental housing and premium lease rates across the market. With strong current income, favorable cap rate dynamics, and exposure to one of the largest global events driving rental demand in Southern California, this property represents a compelling opportunity for investors seeking both immediate returns and long-term appreciation in a high-demand Los Angeles rental corridor. New multi-family projects are also underway as part of its up-and-coming modernization efforts. All four units are currently tenant-occupied with signed lease agreements. The property features fully functional utilities, bar-secured windows for added security and expansive driveway for add’l parking. This is a solid income-producing asset ready for your portfolio. Drive by only, offers subject to interior inspection. Please DO NOT disturb tenants and DO NOT walk on the property.
For sale
Listed by: MCLEOD AND ASSOCIATES • Darwin Ciria • Contact: darwin@themcleodteam.com
Price cut: $99.9K (6/29)
$849,000
7831 S Normandie Ave, Los Angeles, CA 90044
4beds
4baths
2,090sqft
Quadruplex
Built in 1948
-- sqft lot
$849,900 Zestimate®
$406/sqft
$-- HOA
What's special
- 135 days
- 190
- 10
Zillow last checked:
Listing updated:
Listed by:
Darwin Ciria DRE #01981762 darwin@themcleodteam.com,
MCLEOD AND ASSOCIATES,
Mia McLeod DRE #01497207 909-612-9488,
McLeod & Associates
Source: CRMLS,MLS#: CV26083183
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central
Cooling
- None
Appliances
- Laundry: See Remarks
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,090
- Total interior livable area: 2,090 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: See Remarks
- Pool features: None
Lot
- Size: 5,200 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 6018025022
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $406/sqft
- Tax assessed value: $874,140
- Date on market: 4/17/2026
- Cumulative days on market: 135 days
- Listing terms: Submit
Estimated market value
$849,900
$807,000 - $892,000
$2,049/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Price change | $849,000-10.5%$406/sqft |
Source: | ||
| 4/18/2026 | Listed for sale | $948,888+39.5%$454/sqft |
Source: | ||
| 5/13/2021 | Sold | $680,000+112.5%$325/sqft |
Source: Public Record Report a problem | ||
| 3/20/2009 | Sold | $320,000-22.1%$153/sqft |
Source: Public Record Report a problem | ||
| 1/16/2008 | Sold | $410,741-11.7%$197/sqft |
Source: Public Record Report a problem | ||
| 8/10/2005 | Sold | $465,000+3.3%$222/sqft |
Source: Public Record Report a problem | ||
| 9/29/2004 | Sold | $450,000+95.7%$215/sqft |
Source: Public Record Report a problem | ||
| 7/1/2002 | Sold | $230,000+39.4%$110/sqft |
Source: Public Record Report a problem | ||
| 3/26/1998 | Sold | $165,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $874,140 +2% |
| 2025 | $10,690 +17% | $857,000 +18.8% |
| 2024 | $9,133 +1.9% | $721,619 +2% |
| 2023 | $8,965 +4.7% | $707,471 +2% |
| 2022 | $8,562 +774.2% | $693,600 +1467.2% |
| 2021 | $979 -0.3% | $44,258 +1% |
| 2020 | $982 | $43,805 +2% |
| 2019 | $982 +12.7% | $42,947 +2% |
| 2018 | $872 | $42,105 +2% |
| 2017 | $872 +1.2% | $41,281 +2% |
| 2016 | $861 +5.1% | $40,472 +1.5% |
| 2015 | $820 -3.1% | $39,866 +2% |
| 2014 | $846 | $39,086 +2.5% |
| 2012 | -- | $38,148 +2% |
| 2011 | -- | $37,401 +0.8% |
| 2010 | -- | $37,122 -91.9% |
| 2009 | -- | $459,000 -5.1% |
| 2008 | -- | $483,786 +2% |
| 2007 | -- | $474,300 +2% |
| 2006 | -- | $465,000 +1.3% |
| 2005 | -- | $459,000 +95.9% |
| 2004 | -- | $234,293 +1.9% |
| 2003 | -- | $230,000 +29% |
| 2002 | -- | $178,338 +4% |
| 2000 | -- | $171,416 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Los Angeles
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