Home | Los Angeles County | Los Angeles | 90007 | 3020 S Normandie Ave
MLS: CRTR26226939 | Status: | Price: $6,250,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,456 | 2025 |
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
| Field | Value |
|---|---|
| MLS # | CRTR26226939 |
| MLS Source | California Regional MLS |
| Days on Site | 5 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Freezer, Microwave, Other, Oven - Gas, Oven Range - Gas, Dryer |
| Cooling | Central Forced Air |
| Heating | Forced Air |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| HOA Fee | $0 |
Chi Zhang
Millennium Group Realty
License #: 02086778
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 24 | – |
School data provided by GreatSchools.org
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This listing information is up-to-date as of October 23, 2026. For the most current information, please contact Chi Zhang.