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About This Home
This 10-bedroom, 9-bathroom residential multi family at 2705 S Normandie Ave in Los Angeles, CA is listed for $1,399,900 ($386 per sqft). Built in 1920, the home offers 3,630 sqft of living space on a 0.16 acres lot.
9.1% Cap Rate + ADU potential! We are pleased to offer the opportunity to acquire this high yield Duplex, featuring 10-bedroom + 9-bathroom Student Housing investment opportunity, blocks to the University of Southern California (USC). The duplex is approximately 3,630 rentable square feet on a 6,881 square feet lot, was fully remodeled in 2020 with
city permit, featuring brand new exterior stucco/paint, completely updated bathrooms with new electrical, plumbing, sewer and gas lines, brand new portable AC systems, and in-unit washer & dryer on each floor. The investment is 100% occupied with students/graduates and fully leased for the 2025-2026 academic school year.
With a consistent 100% occupancy rate, this asset offers a low-risk, stable investment with strong potential for continued growth and excellent operating fundamentals. The property generates a gross income of $12,000 per month, with tenants responsible for all utilities, including water/gas/electricity. Additionally, the large 6,881 SF (LARD1.5 zone, TOC Tier 2) lot presents an opportunity for further cash flow enhancement by constructing ADUs. DO NOT DISTURB THE TENANTS. Showing by Appointment only.
Key Features
- Built in 1920
- 0.16 acre lot
- 2 stories
- 12 parking spaces
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$7,487/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2705 S Normandie Ave
Los Angeles, CA 90007
Property Details
Parking
Heating
Cooling
Appliances
Questions & Answers
This 10-bedroom, 9-bathroom residential multi family at 2705 S Normandie Ave is listed at $1,399,900 ($386/sqft). The estimated monthly payment is $6,066 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.16 acre lot, 2 stories, 12 parking spaces, Fireplace.
This property is listed by Ying Luo and can be reached at 3232076518 or yingluo2014@gmail.com.
