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Excellent 12-unit investment opportunity located in the highly desirable Mid-Wilshire/Koreatown area of Los Angeles. 541 S Normandie Ave offers strong current income with significant rental upside potential. The property consists of a unit mix of eight 1-bedroom/1-bath units and four studio units situated on a 7,509 SF lot with LAR4 zoning. Seismic retrofit has already been completed, adding substantial value and reducing future capital expenditure concerns. Property also includes plans for additional ADU units, creating a rare opportunity for increased density and future income growth. Seller may offer favorable seller financing terms with as little as 25% down, featuring a 10-year interest-only note with no prepayment penalty. Centrally located near Wilshire Blvd, dining, shopping, public transit, and major employment centers. Excellent opportunity for investors seeking cash flow with long-term appreciation potential.
Property Type(s):
Residential Income
| Last Updated | 5/19/2026 | Year Built | 1955 |
|---|---|---|---|
| Community | C17 - Mid-Wilshire | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | C17 - Mid-Wilshire |
| HEAT | Wall Furnace |
| LOT | 7510 sq ft |
| LOT DIMENSIONS | 7509 |
| PARKING | Assigned, Driveway |
| STORIES | Split/Multi Level |
Location
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Listed with Moradian Enterprises, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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