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10 Beds
3,630 sqft

$1,249,900

2705 S Normandie Avenue, Los Angeles CA, 90007

Price per sqft$344.33
Built in1920
Property size3,630 sqft
Property typeResidential

Overview

Active

Listed Sep 9, 2026

Updated 2 weeks ago

Immediate cash flow! Currently leased at $10,543/month through July 2027 with 7.98% cap rate, 9.88 GRM and ADU potential. We are pleased to offer the opportunity to acquire this high yield Duplex, featuring 10-bedroom + 9-bathroom Student Housing investment opportunity, blocks to the University of Southern California (USC). The duplex is approximately 3,630 rentable square feet on a 6,881 square feet lot, was fully remodeled in 2020 with city permit, featuring brand new exterior stucco/paint, completely updated bathrooms with new electrical, plumbing, sewer and gas lines, brand new portable AC systems, and in-unit washer & dryer on each floor. The investment is 100% occupied with students/graduates and fully leased for the 2025-2026 academic school year. With a consistent 100% occupancy rate, this asset offers a low-risk, stable investment with strong potential for continued growth and excellent operating fundamentals. The property generates a gross income of $12,000 per month, with tenants responsible for all utilities, including water/gas/electricity. Additionally, the large 6,881 SF (LARD1.5 zone, TOC Tier 2) lot presents an opportunity for further cash flow enhancement by constructing ADUs. DO NOT DISTURB THE TENANTS. Showing by Appointment only.

$8,316/mo

Est. mortgage payment based on a $1,249,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CL26985791

Interior Features

Bedrooms
10
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres
MLS provider logo

Listed by Ying Luo, with Real Estate eBroker Inc.
Listing Contact: 323-205-5156 

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