2924 S Normandie, Los Angeles, California 90007, Los Angeles, 90007 - 0 bed, 0 bath
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2924 S Normandie
Los Angeles, California 90007
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
2,841Sq Ft
6,573Lot Size
Property Price
LIST PRICE$1,285,000
EST. MARKET VALUE
$1,234,844
4% AboveMARKET VALUE
SUMMARY
This Prime Investment Opportunity is a Turnkey Duplex listed at $1,485,000, positioned well below the $1,516,754 Fair Market Value by 2%. This valuation gap offers $31,754 in Instant Equity. Featuring a Condition Rating of 2, the property includes new kitchens, HVAC systems, and parking for 6+ vehicles. Its proximity to USC ensures high rental demand, making this a stable asset for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, low-maintenance income property in a prime location.
Estimated Market Value
$1,234,844
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2924 S Normandie Subject 0 bd · 0 ba · 2,841 sqft · $435 | $1,285,000* List Price | 0 | 0 | 2,841 | $435 | - |
A 1503 1/2 W Adams Active 0 bd · 0 ba · 3,088 sqft · $364 · 0.4 mi | $1,125,000 List Price | 0 | 0 | 3,088 | $364 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <2 years) including brand-new kitchens with stainless steel appliances, updated bathrooms, new flooring, and new individual HVAC systems. Despite the 1910 build date, the interior is in mint condition with modern finishes throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Situated in close proximity to the University of Southern California (USC), this property is perfectly positioned to capitalize on the high-demand student rental market, ensuring consistent occupancy and strong income potential.
- Turnkey Renovations
The duplex features extensive recent upgrades, including new kitchens, appliances, flooring, and individual HVAC systems, offering a modern aesthetic and reducing immediate capital expenditure for the new owner.
- Exceptional Parking Capacity
Rare for this dense Los Angeles neighborhood, the property provides parking for at least six vehicles, a significant competitive advantage that increases its appeal to multi-tenant occupants.
CONSRISKS & DEFICIENCIES
- Century-Old Infrastructure
Originally built in 1910, the property may possess underlying structural or systemic age-related elements that require ongoing maintenance despite the recent cosmetic and appliance upgrades.
- Limited Bathroom Ratio
Each three-bedroom unit contains only 1.5 bathrooms, which may be viewed as a drawback for high-density student housing or large families seeking more full-service bathroom facilities.
About 2924 S Normandie
REDUCED! THIS WILL NOT LAST LONG! Discover this beautifully remodeled two-unit property in a prime Los Angeles location near USC! Each unit features 3 bedrooms and 1.5 bathrooms, offering spacious living and excellent potential for rental income. Both units have been thoughtfully updated with new kitchens and appliances, new flooring, fresh interior paint, new interior doors, and their own HVAC systems for year-round comfort. Laundry hookups are also available in each unit for added convenience. One unit offers even more versatility with an additional versatile front room and a third-floor loft, providing extra space for studying, working, or relaxing. Conveniently located near the University of Southern California, this property is ideally situated for access to the university, plenty of parking making of at least 6 vehicles making it an attractive opportunity for investors interested in the student rental market or buyers seeking a multi-unit property. With extensive recent improvements, modern amenities, and a desirable location, this duplex offers a fantastic opportunity to own a renovated income-producing property in Los Angeles.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1910
- Lot Size
- 6,573 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,841 | 2,090.331 |
| Lot Size | 6,573 | 5,852.908 |
| Price | $1.28M | $830.9K |
| Price per sq ft | $452 | $394 |
| Built year | 1910 | 1928 |
| HOA | $0 | $0 |
| Days on market | 25 | 87 |
Pricing History
Listed for Sale
Oct 28, 2026
$1,285,000
$1,485,000
-13% Price Drop
Initial Listing
Price Change
Oct 15, 2026
$1,485,000
Initial Listing
Sold
Jun 18, 2025
$625,000
Public Record