Duplexes With New
For Sale
$825,000
5607 S Normandie AVE, Los Angeles, CA 90037
Both residences feature new roofing and separate gas and electric metering.
Property Size1,928 SF
Days on Market9
Property Features for 5607 S Normandie AVE
General Information
Standard status
Active
Size
1,928 SF
Total Parking Spaces
4
Property subtype
MULTI_FAMILY
Building Details
Building Size
1,928 SF
Year Built
1922
Tenancy
Multi
Listing Agency:
Hope Realty & Associates
Listed By:
Ana Patricia Bohe · License #01032919
Source:
Jademillsestates
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 5 at 4:51AM
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 Hope Realty & Associates
Investment Insights
Based on property information with market context.
Built in 1922, this duplex includes two residential units, each with a new roof. The property is configured for separate utility tracking, with individual gas and electricity meters serving the units.
A detached parking area at the rear provides four spaces. Both units are scheduled for delivery vacant, allowing the next owner to take possession without inherited tenancy obligations.
A detached parking area at the rear provides four spaces. Both units are scheduled for delivery vacant, allowing the next owner to take possession without inherited tenancy obligations.
Key Highlights
- Two‑unit duplex property
- New roof installed on each unit
- Separate gas and electricity meters for both units
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 | $47.2k | $24.48 |
| − Vacancy | −$1.2k | −$0.61 |
| EGI | $46.0k | $23.87 |
| − OpEx | −$13.8k | −$7.16 |
| NOI | $32.2k | $16.71 |
1,928 SF · lease $24.48/SF/yr · vacancy 2.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$460.2K
$402.7K – $536.9K
NOI $32,212 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$409.0K
$357.9K – $477.2K
NOI $28,630 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$755.5K
$661.0K – $881.4K
NOI $52,882 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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?
Duplex - Both residences feature new roofing and separate gas and electric metering.
Where is this duplex located?
The property is located at 5607 S Normandie AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two‑unit duplex property; New roof installed on each unit; Separate gas and electricity meters for both units
