Live in one unit while generating income from the others! Buyer incentives are available, including rate buydown options through our preferred lender for qualified buyers, subject to lender approval and negotiated terms. Exceptional 4-unit Los Angeles income opportunity at 4150 S Normandie Ave. The property features two spacious upper units with 5 bedrooms and 5 bathrooms each, plus two lower units with 5 bedrooms and 3 bathrooms each. Currently, two of the four units are occupied, while the remaining two are vacant, offering immediate flexibility for owner occupancy or lease-up. Reported monthly rental rates are approximately $4,800 each for two units and $3,590 each for the other two units, representing a potential gross rental income of $16,780 per month ($201,360 annually) at full occupancy, subject to verification. The combination of large unit configurations, existing rental income, and available vacant units creates an attractive opportunity for investors or owner-occupants seeking a multifamily property with additional income potential. Conveniently located in Los Angeles with access to major employment centers, entertainment, education, and transportation.
| MLS # | IV26215195 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2020 |
| Days On Site | 17 |
| Listing Provided By | The Dana Real Estate & Investments Inc. | MEZDAN MOTA |
| SQ Feet | 6,112 |
|---|---|
| Garage | 8 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.14 |
| Property View | Yes |
| Cooling | Wall Window Units |
|---|---|
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Refrigerator |
| Fireplace Yes / No | No |
| Lot Features | Twenty Six To Thirty Units Acre |
|---|
| Garage Yes / No | Yes |
|---|
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Sewer | Unknown |
| Community Features | Urban |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90037 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90037) | |
Price: $2,895,000 low | high Med: $822,000 sqft: 6,112 low | high Med: 3,154 $ / sqft: $474 low | high Med: $325 On site: 17 low | high Med: 50.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90037 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90037) | |
Price: $2,895,000 low | high Med: $822,000 sqft: 6,112 low | high Med: 3,154 $ / sqft: $474 low | high Med: $325 On site: 17 low | high Med: 50.5 | |