4815 S Normandie Avenue Los Angeles, CA ^$ 750,000

4815 S Normandie Avenue

^$ 750,000

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4815 S Normandie Avenue

Los Angeles, CA, 90037

^$ 750,000

Bedrooms5 Baths4.0 Sq 2,208

Monthly Estimate*

^$ 5,239

Listed by Apple Tree Realty

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Multi-Family Home for sale in Los Angeles, CA

for $750,000 with 5 bedrooms and 4 full baths. This 2,208 square foot home was built in 1953 on a lot size of 0.124.

This 3 UNIT INCOME PROPERTY has lots of potential with today's high yield CAP rate fantastic Zoning with C2 (Commercial) + Residential mixed use so the buyer may keep the property as it is with higher CAP rate or develop a Mixed Use Commercial and Residential Building. Currently the area is developing with new constructions. The house is Just 7-8 minutes to USC, Exposition Park, Swimming, Stadium. 10 -15 minutes to Downtown Los Angeles and Sofi Olympic Stadium! Current Owner input a lot of improvements on the property and UDU project (ongoing for approval, buyer check up the status) with a new Electric Meter. The roof is new, new Double Pane Windows, New Bathrooms and so much more with permits! This is a GEM and a MUST SEE PROPERTY!!!

Multi-Family Active

Price

^$ 750,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.124

Year Built

1953

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

22198713

Days on Market

612

Features

General

Interior Features CeilingFans

Sewer Other

Possession CloseOfEscrow

Zoning LAC2

Patio/Porch Features Porch

Pool Features None

Security Features GatedCommunity

Construction Materials Stucco

Year Built 1953

Tenant Pays Electricity

Stories 2

Levels Two

Gross Income 57696.0

Community Features Gated

County Los Angeles

Net Operating Income 39056.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions On the Normandie west side between 48th and 49th Street.

City Los Angeles

Entry Location Ground Level w/steps

View Y/N N

Senior Community Y/N N

Total Units 3

MLS Area C34 - Los Angeles Southwest

Lot Size Square Feet 5403.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Normandie

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Property Condition RepairsCosmetic

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 518

Standard Status ActiveUnderContract

Occupancy Description Tenant

Cap Rate 4.89

Interior

Flooring Laminate

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Window Features DoublePaneWindows

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 5

Electric On Property Y/N N

Total Baths 4

Exterior

Parking Features Gated

Lot Features BackYard

Total Parking 6.0

Lot Size Area 5403.0

Foundation Details Block

Number of Buildings 2

Spa N

Building Area Total 2208.0

Lot Size Acres 0.124

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 4815

* Excluded Features

List By

Apple Tree Realty

Broker

(213) 222-7574

Phone

Affordability Calculator

$5,239

Per Month

Monthly Principal & Interest: $5,239
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,986,097

Percent of Sale Price 165%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/10/2024	$750,000	-3.23%	Price Down
12/14/2023	$775,000	-3.13%	Price Down
9/12/2022	$800,000		Listed Price

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4815 S Normandie Avenue, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $750,000 with 2,208 sqft and a lot size of 0.124. 4815 S Normandie Avenue has 5 bedrooms, 4.0 baths, and was built in 1953. The property's zip code is 90037 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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4815 S Normandie Avenue

Multi-Family Home for sale in Los Angeles, CA

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