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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
    : 
    $5,710/mo
    Get pre-qualified
    Quadruplex
    Built in 1948
    -- sqft lot
    $848,900 Zestimate®
    $406/sqft
    $-- HOA

    What's special

    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.
    133 days
    |
    188
    |
    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#: CV26083183MLS LogoOriginating 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: 133 days
      • Listing terms: Submit

        Estimated market value

        $848,900

        $806,000 - $891,000

        $2,049/mo

        Price history

        DateEventPrice
        6/29/2026Price change$849,000-10.5%$406/sqft
        Source: CRMLS #CV26083183 Report a problem
        4/18/2026Listed for sale$948,888+39.5%$454/sqft
        Source: CRMLS #CV26083183 Report a problem
        5/13/2021Sold$680,000+112.5%$325/sqft
        Source: Public Record Report a problem
        3/20/2009Sold$320,000-22.1%$153/sqft
        Source: Public Record Report a problem
        1/16/2008Sold$410,741-11.7%$197/sqft
        Source: Public Record Report a problem
        8/10/2005Sold$465,000+3.3%$222/sqft
        Source: Public Record Report a problem
        9/29/2004Sold$450,000+95.7%$215/sqft
        Source: Public Record Report a problem
        7/1/2002Sold$230,000+39.4%$110/sqft
        Source: Public Record Report a problem
        3/26/1998Sold$165,000$79/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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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        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

        57 / 100
        Somewhat Walkable
        57 / 100
        Good Transit
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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