Remodeled Quadplex with Two
For Sale
$3,288,000
4103 S Normandie Ave, Los Angeles, CA 90037
Townhouse-style units provide individual laundry hookups, central HVAC, and separately metered utilities.
Property Size7,316 SF
Price / SF$449.43
Days on Market47
Property Features for 4103 S Normandie Ave
General Information
Standard status
Active
Size
7,316 SF
Total Parking Spaces
8
Property subtype
Investment
Site & Location
Neighborhood
Vermont Square
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 4BR/4BA, 2 x 7BR/7BA
Multifamily Units
4
Amenities
indoor laundry hook-up
central HVAC
Building Details
Building Size
7,316 SF
Year Built
2019
Buildings
2
Units
4
Construction
townhouse style
Listing Agency:
KO TAI REALTY
Listed By:
JIAN LIN
(626) 285-8333
Source:
Elliman
Added: Sep 12
Changed: Oct 25
Last Checked: Oct 26 at 5:05PM
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 KO TAI REALTY
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Investment Insights
Based on property information with market context.
Built in 2019, this townhouse-style quadplex consists of two separate buildings totaling 7,316 sqft, with 22 bedrooms and 22 bathrooms across four units. The front building contains two 1,452-square-foot residences, each configured with 4 bedrooms, 4 bathrooms, and a two-car tandem parking garage. The second building includes two 2,206-square-foot residences, each with 7 bedrooms, 7 bathrooms, and two-car tandem uncovered parking spaces.
Each unit has its own indoor laundry hookups, separate water, electricity, and gas meters, and central HVAC. Interior features include open layouts, vinyl laminate wood and tile flooring, and quartz kitchen countertops. Recent improvements include interior painting throughout, painted kitchen cabinets, and new ovens in all kitchens.
The property is located at 4103 S Normandie Ave in Southwest Los Angeles, near USC, community parks, shopping, restaurants, banks, schools, Downtown Los Angeles, and the Metro E Line. The 110 and 10 freeways are also a short distance away.
Each unit has its own indoor laundry hookups, separate water, electricity, and gas meters, and central HVAC. Interior features include open layouts, vinyl laminate wood and tile flooring, and quartz kitchen countertops. Recent improvements include interior painting throughout, painted kitchen cabinets, and new ovens in all kitchens.
The property is located at 4103 S Normandie Ave in Southwest Los Angeles, near USC, community parks, shopping, restaurants, banks, schools, Downtown Los Angeles, and the Metro E Line. The 110 and 10 freeways are also a short distance away.
Key Highlights
- Two‑building quadplex totaling 7,316 sqft with 22 bedrooms and 22 bathrooms
- Built in 2019 with four townhouse‑style units
- Front‑building units measure 1,452 sqft each and include 4 bedrooms and 4 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,233
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,444,660
$2.4M
Cap Rate 7%
$1,746,186
$1.7M
Cap Rate 9%
$1,358,144
$1.4M
Market Conditions
NOI Build-Up for 7,316 SF
Gross rent
$179.1K $24.48/SF
− Vacancy
−$4.5K −$0.61/SF
EGI
$174.6K $23.87/SF
− OpEx
−$52.4K −$7.16/SF
NOI
$122.2K $16.71/SF
Area
ZIP 90037
Vacancy
2.50%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,444,660
Cap Rate 7%
$1,746,186
Cap Rate 9%
$1,358,144
Alternative Uses
Best Use
Multifamily LT 5
$1.75M
$1.53M – $2.04M
NOI $122,233 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$1.55M
$1.36M – $1.81M
NOI $108,641 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$2.87M
$2.51M – $3.34M
NOI $200,667 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,360
Businesses Nearby
Explore this area
Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Townhouse-style units provide individual laundry hookups, central HVAC, and separately metered utilities.
Where is this quadplex located?
The property is located at 4103 S Normandie Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,288,000.
What are key features of this property?
This property features: Two‑building quadplex totaling 7,316 sqft with 22 bedrooms and 22 bathrooms; Built in 2019 with four townhouse‑style units; Front‑building units measure 1,452 sqft each and include 4 bedrooms and 4 bathrooms
