9819 S S. Normandie
Los Angeles, CA, 90044
$900,000
MLS: IG26042419
Beds
3
Baths
1
Sq Ft
2,600
Lot
0.09 ac
Year Built
1951
MLS #
IG26042419
Days on Market
40
Listed
Feb 26, 2026
Description
Mixed-Use | Two Storefronts + 3BD Home. Located in the heart of Los Angeles, is a fully stabilized mixed-use investment opportunity offering nearly an 8% CAP rate and strong in-place cash flow. The property consists of two retail storefronts facing S. Normandie Avenue, each approximately +/-800 square feet, and a detached single-family residence in the rear with its own private driveway and direct access to Normandie Ave., +/-1,000 square feet. All units have been remodeled in recent years, showcasing true pride of ownership. The property is 100% occupied with long-term leases in place: The Mini Market pays $1,700 per month (lease expires March 1, 2027), the Smoke Shop pays $1,700 per month (lease expires December 1, 2027), and the Residential Unit-Vacant can be leased for +/-3,000.00 per month or used as a primary residence. This turnkey asset offers investors a rare opportunity to acquire a well-maintained, income-producing property with diversified retail and residential income in a strong Los Angeles rental market.
Location
Los Angeles, Los Angeles County, CA 90044
Open on Google Maps ↗Listed by: Kanani Stallings · Keller Williams Realty
Payment estimate
$6,552
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $90,000 · Loan: $810,000
- Principal & Interest
- $4,977
- Property tax (1.25%)
- $938
- Homeowners insurance
- $300
- Mortgage insurance
- $338
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $31,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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