Attention investors, flippers, and developers — Just minutes from USC, this 3-bedroom, 2-bath single-family home sits on a large 7,400 sq. ft. lot surrounded by historic million-dollar homes. The location alone makes this standout. Conveniently located near USC, Exposition Park, Downtown LA, and major freeways. Cash offers only. Property will be sold as is.
Great opportunity to own owner occupied income property. Tax record shows as Triplex . Square Feet 2648 and lot size 5,669. This building has two addresses. Upper unit address is 1852, has 2 bedrooms and lower unit address is 1854, has 3 bedrooms. Private driveway provides 3 parking spaces in the rear of property. Front courtyard entry has a several fruit trees and grassy yard. . High rental demand from USC students and faculty. Easy access to USC, DOWNTOWON L. A. 110 Fwy and 10 FWY .
3005 S Normandie Ave | 8-Unit Multifamily in Adams-Normandie Near USC & Downtown LA. Built in 1960, the property features a balanced unit mix of (6) 1-Bed/1-Bath and (2) 2-Bed/1-Bath units totaling 4,837 SF on a 6,600 SF LAR3-zoned lot. Priced at $1,500,000 (~$187K per unit / $310 per SF), this offering presents investors with a strong blend of in-place income and meaningful upside through rent growth, light renovations, and operational improvements. The property currently achieves a 6.16% cap rate, with pro forma projections of 8.49%, driven by units renting well below market and one vacant unit ready to be repositioned. Several units are more than 200% under market rent, offering im
Lar3 zoned lot • 8 unit multifamily • 6,601 sq ft lot
ABOUT THIS HOME
Adams-Normandie, CA Homes for Sale
Enormous 4-plex within the USC Security Patrol Zone! Two beautifully remodeled units, one of which is vacant. From here it's an easy walk to campus, Exposition Park with numerous museums, the Coliseum, BMO Soccer Stadium and much more. Great upside with two low paying units and a neighborhood that is rapidly appreciating. Expo Line Metro Station is also an easy walk. The value of USC cannot be overstated with the top film school in the country, spectacular sports program and endless demand for housing. VACANT UNIT is a big opportunity to buy a building where you or your children can move right in or you can select your own tenant (Current management also happy to lease the unit for you).