3020 S Normandie Avenue, Los Angeles, CA 90007 (MLS # TR26226939)

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PRICE $6,250,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 12,066 sqft
LOT SIZE 6,456 sqft
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Introducing 3020 Normandie Avenue, a newly constructed (2025) four-story flex housing investment located less than a mile west of the University of Southern California (USC) and within the Department of Public Safety (DPS) Patrol Zone. The property offers 6 units and 31 bedrooms configured as 24 individually leasable suites across five floor plans: (12) micro studios, (2) studios, (5) 1-bed/1-bath, (3) 2-bed/2-bath and (2) 3-bed/3-bath. Offered at $6,250,000, $201,613 per bedroom and $518 per square foot, the property generates $623,160 in annual scheduled gross income, a 6.54% current cap rate and 10.03x GIM, with 5.9% rental upside supporting a 7% cap rate at market rents. What sets this property apart is its flexibility. Every suite has a private bathroom, ample closet space and its own kitchenette. The layouts appeal to students, faculty, staff and working professionals alike, so vacancies can be filled year-round rather than only at the August turnover, and lease expirations can be staggered to smooth cash flow. The property totals approximately 12,066 square feet of rentable space with 7 on-site parking spaces, rooftop solar panels, security cameras, coded locks, secured mailboxes and parcel lockers. New construction keeps repairs and capital expenditures to a minimum, and the asset may qualify for 100% bonus depreciation tax benefits. The Expo/Vermont and Expo/Western E Line stations are 0.8 miles away, with quick access to Exposition Park, the LA Memorial Coliseum, the I-10 and I-110 freeways and Downtown Los Angeles. Buyer to verify all information, including the legal bedroom count. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

DAYS ON MARKET 1 LAST UPDATED 10/23/2026
YEAR BUILT 2025 COMMUNITY C34 - Los Angeles Southwest
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Cooktop, Electric Range, Freezer, Gas Oven, Gas Range, Instant Hot Water, Microwave, Refrigerator, Tankless Water Heater
AREA C34 - Los Angeles Southwest
HEAT Forced Air
LOT 6456 sq ft
LOT DESCRIPTION Rectangular Lot
LOT DIMENSIONS 6456
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3+
UTILITIES Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
WATER Public
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CONTACT US ABOUT 3020 S NORMANDIE AVENUE
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Listed with Millennium Group Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 10/23/26 2:36 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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