Updated Aug 27, 2026
NAI Capital Commercial Represents Both Buyer And Seller In $3.2M Koreatown Multifamily Sale
909 South Normandie Avenue
$3,200,000
Units
21
Asset Type
MultiFamily
Closing
Aug 14, 2026
About this deal
AI
A 21-unit multifamily property located at 909 South Normandie Avenue in Los Angeles' Koreatown has been sold. The sale price of the property was $3,200,000, amounting to $152,381 per unit.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,200,000
- Units: 21
- Price Per Unit: $152,381
- Address: 909 South Normandie Avenue
- Market: Los Angeles, CA
NAI Capital Commercial's Michael Dixon and Jakob Friedman represented both parties in this transaction, facilitating the sale between the buyer and seller.
The multifamily sale at 909 South Normandie Avenue in Los Angeles, California sold for $3.2M in 2026. Reported inventory is 21 units across 21 units. Jakob Friedman, Michael Dixon, NAI Global appear on the sale alongside NAI Global. This page is the Los Angeles, California file for the 909 South Normandie Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 909 South Normandie Avenue around 2026. Published consideration for 909 South Normandie Avenue is $3.2M, dated 2026. Cite this NAI Capital Commercial Represents Both Buyer And Seller In $3.2M Koreatown Multifamily Sale sale when underwriting similar multifamily product around Los Angeles, California.
On the Map
$3,200,000
MultiFamily
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93