Newly Built Income-Generating
For Sale
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315 Normandie Ave, Los Angeles, CA 90004
Completed in 2024 and occupied in 2025, this multifamily property is stabilized under a master lease with secured monthly income.
Days on Market98
Property Features for 315 Normandie Ave
General Information
Standard status
Active
Property subtype
Multifamily
Building Details
Year Built
2024
Listing Agency:
BURNWOOD
(888) 652-1314
Listed By:
Steven W. Gray · License #02194905
Source:
Crexi
Added: Apr 24
Changed: Jul 23
Last Checked: Jul 23 at 10:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BURNWOOD
Investment Insights
Based on property information with market context.
This newly constructed, income-producing multifamily property was completed in 2024 and occupied in 2025. The asset features modern architecture, high-quality interior finishes, and a flexible unit configuration designed to support a variety of residential income strategies, including corporate housing, mid-term rentals, or executive leasing. The property is currently stabilized and generating approximately $13,500 per month in secured income under a master lease with a corporate tenant.
The offering is part of a three-property portfolio, with related listings including MLS#PW26019990 and MLS#PW26019990. The property is described as located in the heart of Los Angeles’ Korea town submarket.
A buyer also has the option to take the property delivered vacant, providing flexibility for repositioning or owner-specific operational plans.
The offering is part of a three-property portfolio, with related listings including MLS#PW26019990 and MLS#PW26019990. The property is described as located in the heart of Los Angeles’ Korea town submarket.
A buyer also has the option to take the property delivered vacant, providing flexibility for repositioning or owner-specific operational plans.
Key Highlights
- Completed in 2024 and occupied in 2025
- Stabilized with secured income of approximately $13,500 per month under a master lease
- Master lease includes a corporate tenant
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,185
Businesses Nearby
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Business Placement
Demographics for 90004, CA
58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Completed in 2024 and occupied in 2025, this multifamily property is stabilized under a master lease with secured monthly income.
Where is this short term rental property located?
The property is located at 315 Normandie Ave Los Angeles, CA.
What are key features of this property?
This property features: Completed in 2024 and occupied in 2025; Stabilized with secured income of approximately $13,500 per month under a master lease; Master lease includes a corporate tenant
