Six-Unit Townhome-Style Apartment
525 N Normandie Ave, Los Angeles, CA 90004
For Sale
$4,495,000
Modern multifamily property with spacious residences, private balconies, rooftop outdoor space, and secure garage parking.
Property Size10,420 SF
Price / SF$431.38
Days on Market97
Property Features for 525 N Normandie Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Parking per Unit
Amenities
in-unit laundry
private balconies
rooftop deck
manicured landscaping
chef-inspired kitchens
stainless steel appliances
open-concept living areas
luxury finishes
Building Details
Building Size
Year Built
Construction
Listing Agency:
Kidder Mathews of California, Inc.
Listed By:
Janet Neman · License CA #01069127
(310) 926-5181
Source:
Rochellemaize
Added: Aug 10
Changed: Nov 2
Last Checked: Nov 12 at 1:52PM
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 Kidder Mathews of California, Inc.
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Investment Insights
Based on property information with market context.
Built in 2022, this six-unit apartment property offers townhome-style residences arranged across three-story floor plans. The units are approximately 10,420 square feet in total, with each residence providing three bedrooms and three bathrooms. Interior features include high ceilings, contemporary finishes, open-concept living areas, chef-inspired kitchens, stainless steel appliances, and in-unit laundry. Private balconies, a rooftop deck with city views, manicured landscaping, and secure two-car garages add to the physical offering.
The property is located in East Hollywood, minutes from Larchmont Village, with access to Koreatown, Hollywood, Downtown Los Angeles, and area dining, shopping, entertainment, and employment destinations. Its newer construction and modern unit configuration provide a clearly defined multifamily asset with large-format residential layouts.
The property is located in East Hollywood, minutes from Larchmont Village, with access to Koreatown, Hollywood, Downtown Los Angeles, and area dining, shopping, entertainment, and employment destinations. Its newer construction and modern unit configuration provide a clearly defined multifamily asset with large-format residential layouts.
Key Highlights
- Six‑unit multifamily property built in 2022
- Approximately 10,420 square feet with six three‑bedroom, three‑bathroom residences
- Three‑story townhome‑style floor plans with high ceilings and contemporary interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$167,666
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,353,320
$3.4M
Cap Rate 7%
$2,395,229
$2.4M
Cap Rate 9%
$1,862,956
$1.9M
Market Conditions
NOI Build-Up for 10,420 SF
Gross rent
$331.4K $31.80/SF
− Vacancy
−$26.5K −$2.54/SF
EGI
$304.8K $29.26/SF
− OpEx
−$137.2K −$13.17/SF
NOI
$167.7K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,353,320
Cap Rate 7%
$2,395,229
Cap Rate 9%
$1,862,956
Alternative Uses
Best Use
Apartment 5plus
$2.40M
$2.10M – $2.79M
NOI $167,666 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.35M
$3.81M – $5.08M
NOI $304,533 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,765
Businesses Nearby
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Business Placement
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
$1,457,200
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Modern multifamily property with spacious residences, private balconies, rooftop outdoor space, and secure garage parking.
Where is this apartment building located?
The property is located at 525 N Normandie Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,495,000.
What are key features of this property?
This property features: Six‑unit multifamily property built in 2022; Approximately 10,420 square feet with six three‑bedroom, three‑bathroom residences; Three‑story townhome‑style floor plans with high ceilings and contemporary interiors
