7831 S Normandie, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This Stabilized Multi-Family Asset is listed at $948,888, providing a turnkey addition to any portfolio in a high-demand rental corridor. While the listing sits above the $798,593 Fair Market Value, the property justifies its valuation with 100% occupancy and three units already at market rents. Featuring a Condition Rating of 4, the quadruplex includes separately metered utilities and detached garages to ensure low overhead. Located near USC and SoFi Stadium, it is perfectly positioned for the 2028 Olympics surge. This is a premier choice for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7831 S Normandie Subject | $948,888* List Price | 0 | 0 | 2,090 | $382 | - |
A 856 W 73rd Street Sold | $750,000 | 4 | 4 | 2,339 | $321 | 0.8 mi |
B 700 W 77th Active | $995,000 List Price | 0 | 0 | 2,208 | $451 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this quadruplex is described as a well-maintained, turnkey investment, but the lack of interior images and the 'drive-by only' restriction suggest the units likely feature dated kitchens and bathrooms. While the exterior and major systems appear functional and the property is fully tenant-occupied, the age of the structure and visible exterior components indicate a property that has been maintained through regular upkeep rather than a recent comprehensive renovation.
The property is 100% tenant-occupied with three units already at market rent, providing investors with a stabilized, high-yield asset and a favorable going-in cap rate from day one.
Positioned near major employment hubs, USC, and world-class venues like SoFi Stadium, the property is set to benefit significantly from the increased housing demand surrounding the 2028 Summer Olympics.
Separately metered utilities and a well-maintained layout contribute to efficient management, while dedicated garage and driveway parking provide a competitive edge in a dense Los Angeles rental market.
The property consists exclusively of one-bedroom units, which may limit the tenant pool to individuals or couples and potentially result in higher turnover compared to multi-bedroom family units.
The 'drive-by only' requirement and lack of interior access until an offer is accepted may deter some buyers and complicates the initial assessment of the units' physical condition.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,090 | 2,090 | 50% |
| Lot Size | 5,200 | 5,897 | 19% |
| Price | $948.9K | $850.0K | 71% |
| Price per sq ft | $454 | $421 | 58% |
| Built year | 1948 | 1924 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 154 | 3% |
Apr 17, 2026
$948,888
Initial Listing
May 13, 2021
$680,000
Public Record
Mar 20, 2009
$320,000
Public Record
Aug 10, 2005
$465,000
Public Record