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Four-Story Apartment Building
New
For Sale
$6,250,000

3020 S Normandie Avenue, Los Angeles, CA 90007

Newly built housing offers private bathrooms and kitchenettes in each suite, plus controlled entry and rooftop solar panels.

Property Size12,066 SF
Days on Market4

Property Features for 3020 S Normandie Avenue

General Information

Standard status Active
Size 12,066 SF
Net Rentable 12,066 SF
Total Parking Spaces 7
Property subtype Apartment

Financials

Asking Price $6,250,000
Cap Rate 6.54%
Gross Income $623,160
Gross Rent Multiplier 10.03

Site & Location

Neighborhood Adams-Normandie
Highway Access Yes
Public Transit Yes

Units

Unit Mix 12 x micro studio, 2 x studio, 5 x 1BR/1BA, 3 x 2BR/2BA, 2 x 3BR/3BA
Multifamily Units 6

Additional Details

Tenant in Place Yes

Amenities

rooftop solar panels
security cameras
coded locks
secured mailboxes
parcel lockers

Building Details

Building Size 12,066 SF
Year Built 2025
Stories 4
Listing Agency: Millennium Group Realty
Listed By: Chi Zhang · License #02086778
Source: Archetyperealty
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 24 at 9:20PM

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 Millennium Group Realty

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Investment Insights

Based on property information with market context.

Completed in 2025, this four-story apartment property contains approximately 12,066 square feet of rentable space. Its 31 bedrooms are arranged in 24 individually leasable suites across five floor plans: 12 micro studios, two studios, five one-bedroom/one-bathroom suites, three two-bedroom/two-bathroom suites, and two three-bedroom/three-bathroom suites. Each suite has a private bathroom, kitchenette, and closet space. The property also has seven on-site parking spaces, rooftop solar panels, security cameras, coded locks, secured mailboxes, and parcel lockers.

The property is less than a mile west of the University of Southern California and lies within the Department of Public Safety Patrol Zone. The Expo/Vermont and Expo/Western E Line stations are 0.8 miles away. Exposition Park, the LA Memorial Coliseum, the I-10 and I-110 freeways, and Downtown Los Angeles are also identified as nearby destinations. The listing reports a 6.54% current cap rate and 10.03x GIM.

Key Highlights

  • Built in 2025 with approximately 12,066 square feet of rentable space
  • 31 bedrooms configured as 24 individually leasable suites across five floor plans
  • Unit mix: 12 micro studios, 2 studios, 5 one‑bedroom/one‑bathroom, 3 two‑bedroom/two‑bathroom, and 2 three‑bedroom/three‑bathroom suites

Property Analytics

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Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,721
Businesses Nearby

Demographics for 90007, CA

40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Newly built housing offers private bathrooms and kitchenettes in each suite, plus controlled entry and rooftop solar panels.
Where is this apartment building located?
The property is located at 3020 S Normandie Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Built in 2025 with approximately 12,066 square feet of rentable space; 31 bedrooms configured as 24 individually leasable suites across five floor plans; Unit mix: 12 micro studios, 2 studios, 5 one‑bedroom/one‑bathroom, 3 two‑bedroom/two‑bathroom, and 2 three‑bedroom/three‑bathroom suites
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