18-Unit Apartment
For Sale
$6,100,000
201 N Normandie Avenue, Los Angeles, CA 90004
A permitted restoration combines updated building systems with two detached ADUs and separately metered gas and electric service.
Property Size8,677 SF
Price / SF$703.01
Days on Market9
Property Features for 201 N Normandie Avenue
General Information
Standard status
Active
Size
8,677 SF
Property subtype
ResidentialIncome
Zoning
LAR3
Site & Location
Neighborhood
Koreatown
Amenities
true
18
2
false
7702
0.1768
Raised
8677
Building Details
Building Size
8,677 SF
Year Built
1923
Stories
2
Listing Agency:
Global Platinum Properties, Inc.
Listed By:
Armin Soleimani · License #01846872
(310) 666-2246
Source:
Gnnrealtors
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 4:04PM
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 Global Platinum Properties, Inc.
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Investment Insights
Based on property information with market context.
This 8,677-square-foot apartment property contains 18 one-bedroom, one-bathroom units. Sixteen apartments were renovated in 2023, and two detached ADUs were completed in 2024. The building dates to 1923 and has LAR3 zoning.
Improvements include a new roof, updated plumbing and electrical systems, a new electrical panel and wiring, updated HVAC, and replacement windows. Unit interiors feature wood flooring, refreshed lighting, kitchens with new cabinets and countertops, and updated bathrooms. Gas and electricity are separately metered. The restoration was completed with permits.
The property is at 201 N Normandie Avenue in Los Angeles, in the Koreatown and Wilshire Center submarkets. The reported operating metrics include a 6.26% cap rate and an 11.6 GRM.
Improvements include a new roof, updated plumbing and electrical systems, a new electrical panel and wiring, updated HVAC, and replacement windows. Unit interiors feature wood flooring, refreshed lighting, kitchens with new cabinets and countertops, and updated bathrooms. Gas and electricity are separately metered. The restoration was completed with permits.
The property is at 201 N Normandie Avenue in Los Angeles, in the Koreatown and Wilshire Center submarkets. The reported operating metrics include a 6.26% cap rate and an 11.6 GRM.
Key Highlights
- 18 one‑bedroom, one‑bathroom units
- 8,677 square feet of improvements
- 16 apartments renovated in 2023 and 2 detached ADUs built in 2024
Property Analytics
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Location Intelligence
Trade Area within ½ mile
6,632
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
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Frequently Asked Questions
What type of property is this?
Apartment building - A permitted restoration combines updated building systems with two detached ADUs and separately metered gas and electric service.
Where is this apartment building located?
The property is located at 201 N Normandie Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: 18 one‑bedroom, one‑bathroom units; 8,677 square feet of improvements; 16 apartments renovated in 2023 and 2 detached ADUs built in 2024
