Stats

• Listing Price $2,000,000
• Price per Unit $166,667
• Price per Sqft $283
• GRM 10.17
• Cap Rate 6.02%
• Number of Buildings 1
• Number of Units 12
• Gross Building Area 7,079 SF
• Lot Size 7,808 SF
• Floors 2
• Year Built 1953
• Parking 6 spaces
• Zoning LAR4-1

About the Property

The Kanner Group is pleased to present 208 S Normandie Avenue — a rare 12-unit apartment building located on a serene, tree-lined street in the highly sought-after Koreatown/Mid-Wilshire neighborhood of historic Los Angeles, just east of Western Avenue and north of 3rd Street.

Built in 1953, the building has 12 units, offering an ideal mix of 1 single and 11 (1+1) units averaging approximately 450 SF and 600 SF respectively. The property provides 7,079 gross square feet of living space across 7,808 square feet of LAR4-1-zoned land, with 6 parking spaces serving the residents.

The units feature bright, airy interiors with wide-plank wood-style flooring that flows seamlessly through living areas, bedrooms, and kitchens, creating a warm and contemporary feel. Exposed ceiling beams add architectural character, while large picture windows with vertical blinds flood each space with natural light. Kitchens have been thoughtfully upgraded with rich cabinetry, quartz-style countertops, modern stainless-steel ranges, and vent hoods. Bathrooms feature contemporary vanities, updated fixtures, and glass-enclosed tub/shower combinations. Ample closet space—including sliding-door wardrobes and walk-in closets in select units—provides excellent storage. Classic wall-mounted gas heaters maintain the building’s mid-century charm while complementing the fresh renovations for a move-in-ready experience.

With a Walk Score of 90, proximity to the 101, 2, 10, and 110 freeways, and just one mile from the Wilshire/Vermont Metro B (Red) and D (Purple) Line station, residents enjoy effortless connectivity to the countless shopping, dining, entertainment, and cultural destinations of Koreatown, Westlake, Mid-Wilshire, Hollywood, revitalized Downtown Los Angeles, and beyond.

208 S Normandie Avenue represents an exceptional opportunity for an investor to implement a value-add strategy or thoughtfully add a value plan as units become available.