132 N Normandie Ave #776f18ccb, Los Angeles, CA, 90004
About This Home
Nestled in the heart of prime Koreatown, this 8-unit property offers an attractive investment opportunity with a versatile unit mix comprised of 1 studio unit, 6 one-bedroom units, and 1 two-bedroom unit, appealing to a wide range of tenants. Spanning approximately 6,080 square feet on a 5,749-square-foot lot, the property also features 7 to 8 tandem parking spaces. Currently generating a gross annual rent of approximately $145,224, the asset presents strong upside potential in rents. With a permit already pulled for the soft-story retrofit, a new roof underway, and several units recently updated, this property combines current income with clear value-add opportunities. Ideally located in a vibrant, walkable neighborhood near shops, dining, and public transit, this is a prime opportunity to invest in one of Los Angeles’ most dynamic and in-demand rental markets.
Getting Around
Very Walkable
Excellent Transit
BikeableSchools
Construction
Condition
- Year built: 1958
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Washer Hookup,Gas Dryer Hookup,Inside
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 7
Features
- Common walls with other units/homes: 2+ Common Walls
Interior Area
- Total structure area: 6,080
- Total interior livable area: 6,080 sqft
Property
Details
- Parcel number: 5518005029
- Attached to another structure: Yes
- Special condition: Standard
Features
- Entry location: Front
- Pool features: None
Lot
- Lot size: 5,751 sqft
- Features: No Landscaping
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,834 | $118,008 |
| Home Insurance * | $459 | $5,508 |
| Property Taxes | $1,085 | $13,020 |
| Electricity | $1,303 | $15,645 |
| Total | $12,681 | $152,172 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $1,945,000 |
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