4-Unit Apartment
14506 S Normandie Ave, Gardena, CA 90247
For Sale
$1,258,000
A two-bedroom unit has been improved, and the property includes an enclosed garage.
Property Size2,832 SF
Days on Market50
Property Features for 14506 S Normandie Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Parking per Unit
Building Details
Building Size
Year Built
Buildings
Units
Listing Agency:
Pacific Investment Group
Listed By:
Jenny Park
(562) 760-7788
Source:
Elliman
Added: Sep 26
Changed: Nov 12
Last Checked: Nov 12 at 7:54AM
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 Pacific Investment Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1957 apartment property contains four units in one building: two with two bedrooms and one bathroom each, and two with one bedroom and one bathroom each. An enclosed garage provides one parking space for each apartment. One unit has received recent improvements and is achieving market rent; three of the four tenancies are month-to-month.
The property is at 14506 S Normandie Ave in Gardena, within walking distance of restaurants and near markets and shops. Access to public transportation and the 110, 91, 105, and 405 freeways is also noted.
The property is at 14506 S Normandie Ave in Gardena, within walking distance of restaurants and near markets and shops. Access to public transportation and the 110, 91, 105, and 405 freeways is also noted.
Key Highlights
- Four apartments: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
- Enclosed garage provides one parking space per unit
- Built in 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,457
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$989,140
$989.1K
Cap Rate 7%
$706,529
$706.5K
Cap Rate 9%
$549,522
$549.5K
Market Conditions
NOI Build-Up for 2,832 SF
Gross rent
$76.5K $27.00/SF
− Vacancy
−$5.8K −$2.05/SF
EGI
$70.7K $24.95/SF
− OpEx
−$21.2K −$7.48/SF
NOI
$49.5K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$989,140
Cap Rate 7%
$706,529
Cap Rate 9%
$549,522
Alternative Uses
Best Use
Multifamily LT 5
$706.5K
$618.2K – $824.3K
NOI $49,457 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$651.0K
$569.6K – $759.5K
NOI $45,569 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,137 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,618
Businesses Nearby
Explore this area
Business Placement
Demographics for 90247, CA
48,543
Population
17,076
Households
2.8
Avg Household Size
39
Median Age
27%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
12,774
Density / Sq Mi
$73,851
Median Household Income
$37,000
Median Earnings
$1,751
Median Rent
$640,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Los Angeles County, CA
Properties on Market for Quadplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - A two-bedroom unit has been improved, and the property includes an enclosed garage.
Where is this quadplex located?
The property is located at 14506 S Normandie Ave Gardena, CA.
What is the asking price?
The asking price for this property is $1,258,000.
What are key features of this property?
This property features: Four apartments: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; Enclosed garage provides one parking space per unit; Built in 1957
