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12-Unit Apartment Building
New
For Sale
$2,200,000

254 S Normandie Ave, Los Angeles, CA 90004

Maintained apartment community with renovated units, on-site parking, and recent structural and building-system upgrades.

Property Size7,552 SF
Price / SF$291.31
Days on Market4

Property Features for 254 S Normandie Ave

General Information

Standard status Active
Size 7,552 SF
Total Parking Spaces 15
Property subtype MULTI_FAMILY

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 5 x studio, 7 x 1BR/1BA
Multifamily Units 12

Building Details

Building Size 7,552 SF
Year Built 1957
Year Renovated 2024
Listing Agency: JNM Realty, INC.
Listed By: Demis Dokhanian · License #01940496
Source: Benbelack
Added: Aug 31 Changed: Sep 3 Last Checked: Sep 3 at 2:07AM

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 JNM Realty, INC.

Investment Insights

Based on property information with market context.

This 7,552-square-foot apartment property, built in 1957, contains 12 units comprising five studios and seven one-bedroom, one-bath residences. Six apartments have received comprehensive renovations, including upgraded electrical subpanels and copper plumbing. Property improvements also include a new multi-layer elastomeric roof coating, an upgraded master electrical panel, and completion of a soft-story retrofit in 2024.

Parking includes 15 on-site spaces: three attached garages, eight tandem spaces, and four detached covered spaces. The detached parking area may support future accessory dwelling unit development. The property has remained under the same ownership for more than 10 years and is positioned near Normandie Avenue and 3rd Street, with neighborhood retail, dining, and multiple Metro bus lines within walking distance.

Key Highlights

  • 12‑unit apartment property with five studios and seven one‑bedroom, one‑bath units
  • 7,552 SF building constructed in 1957
  • 15 on‑site parking spaces, including 3 attached garages, 8 tandem spaces, and 4 detached covered spaces

Property Analytics

Current Use

Beach Front Property ... Apartment Building

Suggested Use

Top Pick Tanning Salon Carpet & Flooring Store Buffet (Bike/Boat/Book/etc) Store Restaurant Pet Store & Service

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

12
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

6,632
Businesses Nearby

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

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 - Maintained apartment community with renovated units, on-site parking, and recent structural and building-system upgrades.
Where is this apartment building located?
The property is located at 254 S Normandie Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 12‑unit apartment property with five studios and seven one‑bedroom, one‑bath units; 7,552 SF building constructed in 1957; 15 on‑site parking spaces, including 3 attached garages, 8 tandem spaces, and 4 detached covered spaces
More about this property
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