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French Normandie 32-Unit Apartment Building
For Sale
$8,890,000

2041 N Vermont Ave, Los Angeles, CA 90027

1928-era French Normandie apartment building with elevator and large laundry room, offering 32 units.

Property Size22,582 SF
Price / SF$393.68
Days on Market421

Property Features for 2041 N Vermont Ave

General Information

Standard status Active
Size 22,582 SF
Elevators Yes
Property subtype MULTI_FAMILY

Additional Details

Road Access Yes
Multifamily Units 32

Amenities

elevator
laundry room

Building Details

Building Size 22,582 SF
Year Built 1928
Buildings 1
Construction French Normandie
Listing Agency: Equity Union
Listed By: Paloma Fierro · License #01386256
Source: Milsteinestates
Added: Jun 6, 2025 Changed: Jul 30 Last Checked: Jul 30 at 3:14PM

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 Equity Union

Investment Insights

Based on property information with market context.

A French Normandie 32-unit residential income property built in 1928, totaling 22,582 square feet per assessor. The unit mix includes 6 one-bedroom view units with French windows and 25 large singles with separate kitchens, dining areas, and walk-in closets. The building also includes a non-conforming “owner’s” unit featuring a fireplace. Many units feature arched doors and doorways and beamed ceilings, adding to the architectural character throughout.

The property is located along Vermont, just below the hills of Los Feliz, with the Griffith Observatory nearby, and within blocks of Los Feliz Village. The setting is described as close to Silver Lake, Hollywood, and Downtown LA.

Operationally, the owner has indicated the building is almost always 100% occupied, with a consistent waiting list for prospective tenants. Vacancies have historically been filled through word-of-mouth. Amenities and building features include an elevator and a large laundry room, along with an owner-maintenance record. An anticipated upside of the rents is approximately 35–40% of current rents.

Key Highlights

  • French Normandie design with 32 units in 22,582 SF per assessor
  • Built in 1928 with arched doorways and beamed ceilings in many units
  • Unit mix: 6 one‑bedroom view units with French windows and 25 large singles

Property Analytics

Current Use

Master’s Painting INC Painting Service High Five Movers Moving Company

Suggested Use

Top Pick Law Firm Building Supply (Bike/Boat/Book/etc) Store Butcher Restaurant Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,022
Businesses Nearby

Demographics for 90027, CA

44,471
Population
24,267
Households
1.8
Avg Household Size
39
Median Age
58%
College-Educated
92%
High-School Grad
8.1 sq mi
ZIP Area
5,490
Density / Sq Mi
$90,532
Median Household Income
$53,526
Median Earnings
$1,904
Median Rent
$1,747,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 1928-era French Normandie apartment building with elevator and large laundry room, offering 32 units.
Where is this apartment building located?
The property is located at 2041 N Vermont Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $8,890,000.
What are key features of this property?
This property features: French Normandie design with 32 units in 22,582 SF per assessor; Built in 1928 with arched doorways and beamed ceilings in many units; Unit mix: 6 one‑bedroom view units with French windows and 25 large singles
More about this property
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