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6,080 sqft

$1,650,000

132 N Normandie, Los Angeles CA, 90004

Price per sqft$271.38
Built in1958
Property size6,080 sqft
Property typeCondominium

Overview

Active

Listed May 1, 2026

Updated 2 weeks ago

Nestled in the heart of prime Koreatown, this 8-unit property offers an attractive investment opportunity with a versatile unit mix comprised of 1 studio unit, 6 one-bedroom units, and 1 two-bedroom unit, appealing to a wide range of tenants. Spanning approximately 6,080 square feet on a 5,749-square-foot lot, the property also features 7 to 8 tandem parking spaces. Currently generating a gross annual rent of approximately $145,224, the asset presents strong upside potential in rents. With a permit already pulled for the soft-story retrofit, a new roof underway, and several units recently updated, this property combines current income with clear value-add opportunities. Ideally located in a vibrant, walkable neighborhood near shops, dining, and public transit, this is a prime opportunity to invest in one of Los Angeles’ most dynamic and in-demand rental markets.

$10,977/mo

Est. mortgage payment based on a $1,650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR26094522

Interior Features

Basement
No

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Maintenance Expense
$4,500
55+/Senior Community
No

Listed by Ashkan Etemad-Sadati, Re/Max Luxe, CA DRE 01994702

Listing Contact: 818-917-8459 

Based on information from the CRISNet MLS as of 9/23/2026, 9:33 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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