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This beautifully renovated property offers an investment opportunity for those interested in student housing or short-term rentals like Airbnb. The two-story apartment building features 9 bedrooms and 9 bathrooms across 3,684 square feet of living space, set on a 6,617 square foot lot. With all bedrooms rented within a range of $1350-$1600 per month and a combined a potential monthly gross income of $11920, this an excellent investment opportunity located in the historic Adams-Normandie HPOZ. Originally constructed in 1905, this charming and spacious classic structure is well-suited for comfortable living. Ideally situated just minutes from USC, Downtown LA, L.A. Live, the L.A. Coliseum, BMO Stadium, Trader Joe's, Exposition Park, the Natural History Museum, and with easy access to the 10 and 110 freeways. Additional conveniences include a long driveway and ample parking. Ideally located on South Normandie Avenue, the property is conveniently located near the University of Southern California with school perks such being within the USC patrol zone, a short distance from both the Staples Center and LA Live. Its proximity to key local amenities further enhances its appeal as a high-potential investment.
DAYS ON MARKET | 155 | LAST UPDATED | 6/30/2025 |
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YEAR BUILT | 1905 | COMMUNITY | C16 - Mid Los Angeles |
COUNTY | Los Angeles | STATUS | Active |
PROPERTY TYPE(S) | Single Family |
PRICE HISTORY | |
Prior to Jun 30, '25 | $1,450,000 |
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Jun 30, '25 - Today | $1,399,000 |
ADDITIONAL DETAILS | |
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | C16 - Mid Los Angeles |
FIREPLACE | Yes |
HEAT | Ductless |
INTERIOR | Breakfast Bar, Recessed Lighting, Walk-In Closet(s) |
LOT | 6617 sq ft |
PARKING | Driveway |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
VIEW DESCRIPTION | None |
WATER | Public |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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