Melrose Hill Six-Unit Multifamily
436 Normandie Pl, Los Angeles, CA 90004
MULTI_FAMILY - Los Angeles, CA
Property size:
5,560 SFLot size:
0.12 AcresPrice / SF:
$247/SF- Added:
- Mar 24, 2026
- Days on Market:
- 50
- Last Refresh:
- May 12 at 6:06 am
Property Features for 436 Normandie Pl
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAR3
- Bedrooms
- 14
- Bathrooms
- 8
- Rooms
- Bedroom 2, Bedroom 7, Bedroom 10, Bedroom 12, Bathroom 7, Bedroom 6, Bathroom 6, Bedroom 4, Bathroom 5, Bedroom 1, Bathroom 3, Bedroom 9, Bathroom 2, Bedroom 11, Bedroom 13, Bedroom 3, Bedroom 14, Bathroom 4, Bedroom 5, Bathroom 1, Bedroom 8, Bathroom 8
- Parking
- 8
- Parking features
- Tandem, Covered
- Standard status
- Active
- APN
- 5520-013-002
- Size
- 5,560 SF
- Lot size
- 0.12 Acres
Utilities
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1957
- Floors in Building
- 2
- Number of units
- 6
Listing agent Kenny Stevens License #01090251 (310) 968-7005
Listing office Compass 9454 Wilshire Blvd. Suite 400, Los Angeles, CA (310) 230-5478
Listing date Mar 24, 2026
MLS# 26669075
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Significant recent capital improvements, including sewer line replacement, copper plumbing upgrades, and roof improvements.
- Strong income potential with approximately 14% rental upside, projecting an 8.46% CAP and 7.70 GRM at stabilization.
- Desirable location near Melrose Ave., Koreatown, and the 6th Street corridor.
- Attractive unit mix of (2) 3‑bedroom/2‑bath and (4) 2‑bedroom/1‑bath units.
- Efficient 2‑story layout above tuck‑under parking simplifies operations and maintenance.
- Pricing aligns with recent sales in the area, offered at approximately $229,167 per unit and $247 per SF.
Overview
Located in Melrose Hill, this six-unit multifamily property at 436 Normandie Pl. offers a strategic investment opportunity. The property is situated approximately 0.8 miles from the Melrose Ave. and Western Ave. corridor and approximately 1.3 miles from Chapman Market and the 6th St. corridor, as well as the Wilshire Blvd. spine of Koreatown. The building, constructed in 1957, features a two-story layout above tuck-under parking. The unit mix includes two 3-bedroom, 2-bath units and four 2-bedroom, 1-bath units. The property offers approximately 14% rental upside based on renovated rental comparables in the surrounding area. Recent capital improvements include replacement of the building sewer line, copper plumbing upgrades replacing galvanized lines, and roof improvements. Select window replacements in units 3 and 6 have also been completed. The property's location provides access to dining, retail, and employment hubs.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.300938
- Latitude
- 34.078728
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-unit multifamily property in Melrose Hill with significant rental upside.
Where is this apartment building located?
The property is located at 436 Normandie Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Significant recent capital improvements, including sewer line replacement, copper plumbing upgrades, and roof improvements.; Strong income potential with approximately 14% rental upside, projecting an 8.46% CAP and 7.70 GRM at stabilization.; Desirable location near Melrose Ave., Koreatown, and the 6th Street corridor.
