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

4815 South Normandie Avenue

^$ 750,000

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4815 South Normandie Avenue

Los Angeles, CA, 90037

^$ 750,000

Studio Baths0.0 Sq 2,208

Monthly Estimate*

^$ 5,239

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $750,000. This 2,208 square foot home was built in 1953 on a lot size of 0.12.

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 Contingent

Price

^$ 750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.12

Year Built

1953

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0022198713

Features

General

Interior Features Ceiling Fan(s)

Possession Close of Escrow

Zoning LAC2

Security Features Gated Community

Construction Materials Stucco

Year Built 1953

Tenant Pays Electricity

Levels Two

Accessibility Other

County Los Angeles

Net Operating Income 39056.0

New Construction No

Property Type C

HOA / Comm Assn No

Contingency Active Under Contract

Status Active Under Contract

City Los Angeles

Buyer Agent Compensation 2.50

Entry Location Ground Level w/steps

Senior Community Y/N No

MLS Area C34 - Los Angeles SW

Lot Size Square Feet 5403.0

Street Name Normandie

Property Condition Repairs Cosmetic

Structure Type None

Standard Status Active Under Contract

Buyer Agent Compensation Type %

Interior

Flooring Laminate

Total Stories 2

Window Features Double Pane Windows

Street Suffix Avenue

Total Baths 0

Exterior

Lot Features Back Yard

Lot Size Area 5403.0

Foundation Details Block

Spa No

Pool Y/N? No

Building Area Total 2208.0

Lot Size Acres 0.12

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Thomas Yong Kim

Listing Agent

Apple Tree Realty

Broker

Affordability Calculator

$5,239

Per Month

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

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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.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/9/2024	$750,000	-3.23%	Price Down
12/14/2023	$775,000	-3.13%	Price Down
9/13/2022	$800,000		Listed Price

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4815 South 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 0.12. 4815 South Normandie Avenue is a studio with 0.0 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/5/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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4815 South Normandie Avenue

Multi-Family Home for sale in Los Angeles, CA

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