4-Unit Multifamily
For Sale
$650,000
4911 S Normandie Ave, Los Angeles, CA 90037
Unit mix includes a three-bedroom residence, two one-bedroom units, and a detached studio.
Property Size3,040 SF
Price / SF$213.82
Days on Market229
Property Features for 4911 S Normandie Ave
General Information
Standard status
Active
Size
3,040 SF
Total Parking Spaces
2
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
First Vision Real Estate and Financial Services
(310) 649-2028
Listed By:
Ike Obasi · License #01465986
(310) 649-2028
Source:
Exprealty
Added: Dec 16, 2025
Changed: Aug 2
Last Checked: Aug 2 at 3:54AM
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 First Vision Real Estate and Financial Services
Investment Insights
Based on property information with market context.
This 3,040-square-foot quadplex contains four separate units: one three-bedroom, one-bath residence; two one-bedroom, one-bath units; and a detached studio with one bath. The property includes two car garages and is occupied by month-to-month tenants. The improvements require renovation, providing a clear opportunity to update the existing unit configuration and physical condition.
Located at 4911 S Normandie Ave in Los Angeles, the property offers access to USC, Downtown Los Angeles, major freeways, public transportation, shopping, dining, and community amenities. Its existing four-unit layout, detached studio, garage parking, and flexible month-to-month occupancy create a practical multifamily configuration for an owner-user or investor evaluating the property’s next phase.
Located at 4911 S Normandie Ave in Los Angeles, the property offers access to USC, Downtown Los Angeles, major freeways, public transportation, shopping, dining, and community amenities. Its existing four-unit layout, detached studio, garage parking, and flexible month-to-month occupancy create a practical multifamily configuration for an owner-user or investor evaluating the property’s next phase.
Key Highlights
- Four‑unit property with one 3‑bedroom/1‑bath unit, two 1‑bedroom/1‑bath units, and a detached studio
- 3,040‑square‑foot property with two car garages
- Month‑to‑month tenants provide flexible existing occupancy
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.4k | $24.48 |
| − Vacancy | −$1.9k | −$0.61 |
| EGI | $72.6k | $23.87 |
| − OpEx | −$21.8k | −$7.16 |
| NOI | $50.8k | $16.71 |
3,040 SF · lease $24.48/SF/yr · vacancy 2.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$725.6K
$634.9K – $846.5K
NOI $50,791 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$644.9K
$564.3K – $752.4K
NOI $45,143 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,383 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,327
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Unit mix includes a three-bedroom residence, two one-bedroom units, and a detached studio.
Where is this quadplex located?
The property is located at 4911 S Normandie Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four‑unit property with one 3‑bedroom/1‑bath unit, two 1‑bedroom/1‑bath units, and a detached studio; 3,040‑square‑foot property with two car garages; Month‑to‑month tenants provide flexible existing occupancy
