
Los Angeles, California 90037
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $2,895,000—positioned slightly above the $2,850,567 Fair Market Value. Built in 2020, the property maintains an Excellent Condition Rating, featuring modern kitchens and contemporary finishes that eliminate immediate capital expenditure. With two vacant units, this property offers immediate lease-up flexibility for Buy-and-Hold Investors or Owner-Occupants seeking a "house hack" strategy. Its high-density configuration and prime Los Angeles location provide a stable, income-generating foundation for long-term wealth accumulation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4150 S Normandie Subject 0 bd · 0 ba · 6,112 sqft · $466 | $2,895,000* List Price | 0 | 0 | 6,112 | $466 | - |
A 4103 S Normandie Avenue Active 0 bd · 0 ba · 7,316 sqft · $449 · 0.1 mi | $3,288,000 List Price | 0 | 0 | 7,316 | $449 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is less than 5 years old and in mint condition. It features modern kitchens with shaker cabinets and mosaic backsplashes, contemporary bathrooms with glass-enclosed showers, and updated flooring throughout, requiring no maintenance.
Built in 2020, this property offers contemporary building standards and systems, significantly reducing immediate maintenance costs and capital expenditure compared to older Los Angeles multifamily inventory.
The rare configuration of four 5-bedroom units maximizes rental income potential, with a projected gross annual income exceeding $200,000, making it a powerful asset for yield-focused investors.
With two units currently vacant, the property provides immediate flexibility for an owner-occupant to move in or for an investor to lease up at current market rates without the complications of tenant relocation.
The majority of assigned public schools in the immediate vicinity carry low ratings (ranging from 1 to 3), which may limit the property's appeal to long-term family tenants and impact future resale value.
Priced at nearly $2.9 million, the property represents a significant capital investment for the area, requiring high occupancy rates and strong management to justify the price per unit.
Live in one unit while generating income from the others! Buyer incentives are available, including rate buydown options through our preferred lender for qualified buyers, subject to lender approval and negotiated terms. Exceptional 4-unit Los Angeles income opportunity at 4150 S Normandie Ave. The property features two spacious upper units with 5 bedrooms and 5 bathrooms each, plus two lower units with 5 bedrooms and 3 bathrooms each. Currently, two of the four units are occupied, while the remaining two are vacant, offering immediate flexibility for owner occupancy or lease-up. Reported monthly rental rates are approximately $4,800 each for two units and $3,590 each for the other two units, representing a potential gross rental income of $16,780 per month ($201,360 annually) at full occupancy, subject to verification. The combination of large unit configurations, existing rental income, and available vacant units creates an attractive opportunity for investors or owner-occupants seeking a multifamily property with additional income potential. Conveniently located in Los Angeles with access to major employment centers, entertainment, education, and transportation.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 6,112 | 2,090.331 |
| Lot Size | 6,149 | 5,852.908 |
| Price | $2.90M | $830.9K |
| Price per sq ft | $474 | $394 |
| Built year | 2020 | 1928 |
| HOA | $0 | $0 |
| Days on market | 37 | 87 |
Oct 3, 2026
$2,895,000
Initial Listing
Jun 27, 2019
$700,000
Public Record