7319 S Normandie, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This Multi-Unit Residential Income Asset represents a Strong Value Opportunity, listed at $900,000—positioned well below the $955,192 Fair Market Value by 5%. This valuation gap secures $55,192 in Instant Equity for the incoming owner. Comprising a diverse mix of two 2-bedroom and two 1-bedroom units, the property maintains a Functional Condition Rating with significant value-add upside through cosmetic modernization of its 1932 infrastructure. Featuring gated security and rare on-site parking in Mid-City Los Angeles, this high-demand rental is a premier choice for Buy-and-Hold Investors or Owner-Users seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7319 S Normandie Subject | $900,000* List Price | 0 | 0 | 2,960 | $304 | - |
A 856 W 73rd Street Sold | $750,000 | 4 | 4 | 2,339 | $321 | 0.7 mi |
B 1257 W 60th Place Sold | $835,000 | 4 | 3 | 2,635 | $317 | 0.8 mi |
C 6927 Estrella Avenue Active | $988,000 List Price | 0 | 0 | 2,960 | $334 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1932, this 4-plex shows signs of being maintained with updates likely dating back 15 to 25 years. The interiors feature consistent ceramic tile flooring and functional but dated oak cabinetry with white tile countertops. While the property appears move-in ready and the bathrooms have received partial tile updates, the overall style, older wall heaters, and aged kitchen appliances indicate the property is functional but outdated, requiring minor cosmetic updates to meet modern standards.
The property features a balanced mix of two 2-bedroom and two 1-bedroom units, providing versatile rental options and maximizing income potential in a high-demand rental market.
The lot is fully gated and offers ample on-site parking, which are premium features in Los Angeles that significantly increase tenant desirability and property safety.
A substantial price reduction from the original $1.2M to $900k positions this asset as a much more attractive investment with a higher projected capitalization rate.
Constructed in 1932, the building likely requires ongoing maintenance or significant capital improvements to modernize systems and ensure long-term structural integrity.
The restriction against disturbing tenants or entering the property complicates the due diligence process and may hide the true condition of the unit interiors.
This two-story 4-plex is located in Mid-City Los Angeles. The property includes four units, with two 2-bedroom units and two 1-bedroom units, each featuring a living area, functional kitchen, and bedrooms. The property also offers on-site parking and is fully gated, providing added security and convenience. Its central location places it just minutes from SoFi Stadium, Intuit Dome, LA Live, the Memorial Coliseum, and BMO Stadium, as well as 4 miles south of USC and 10 miles east of LAX. This makes it a great option for investors or owners looking for rental income in a well-connected Los Angeles location. The property offers the opportunity to own an income-producing asset in an active residential area, with an approximate cap rate of 6.37%. The property also has mixed-use potential, with space that may be used for commercial purposes on the ground level and residential living above. This setup offers flexibility for investors who want multiple income streams or for owners interested in combining business and residential use, in line with local zoning regulations. Please do not disturb tenants or enter the property for any reason.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,960 | 2,250 |
| Lot Size | 5,200 | 5,864 |
| Price | $900.0K | $826.7K |
| Price per sq ft | $304 | $395 |
| Built year | 1932 | 1925 |
| HOA | $0 | $0 |
| Days on market | 159 | 83 |
Mar 21, 2026
$900,000
$1,200,000
-25% Price Drop
Initial Listing
Feb 14, 2026
$1,200,000
Initial Listing
Jun 17, 2016
$365,000
Public Record
Jun 23, 2004
$177,500
Public Record
Dec 11, 1996
$142,500
Public Record