148 Normandie Avenue

Los Angeles, CA 90004

$1,533,000
Last Sold Price
7
Beds
5
Baths
3,559 Sq. Ft.
$431 / Sq. Ft.
3,559
Sq. Ft.
$431
per Sq. Ft.

Description

This 4-unit property presents an amazing opportunity any new or experienced investor to own a well maintained property at an excellent, central location in Koreatown. A private access from Normandie Ave leads up to a traditional two-story, four-bedroom house. And three recently remodeled 1 BR + 1 BA rental units are situated at an adjacent access through 2nd street- Live in one unit, rent the others! This corner property is centrally-located in a qualified opportunity zone on an LAR4 zoned, TOC tier...This 4-unit property presents an amazing opportunity any new or experienced investor to own a well maintained property at an excellent, central location in Koreatown. A private access from Normandie Ave leads up to a traditional two-story, four-bedroom house. And three recently remodeled 1 BR + 1 BA rental units are situated at an adjacent access through 2nd street- Live in one unit, rent the others! This corner property is centrally-located in a qualified opportunity zone on an LAR4 zoned, TOC tier 2 lot which also presents a great development opportunity. Walking distance from some of the hippest restaurants, coffee shops, shops. Close to public transportation
  1. Listed by Daniel Kim • DRE #01954104 • Brokerage DRE #00625769 • Compass

Property Details for 148 Normandie Avenue

Water Front
None
Zoning
LAR4
Style
Contemporary Mediterranean
Parcel Number
5518006007
Total Units
4.0
Living Area
3559
Source Living Area
Plans
Area
Mid-Wilshire (C17)

Location

Listing Courtesy of Compass, Daniel Kim, DRE #01954104

Sold By New Star Realty, Christina Lee, DRE #01820106

Add your commute
LISTING UPDATED: 12/30/2021 09:34 AM

Property Details for 148 Normandie Avenue

StatusSold
MLS #21-705714
Days on Market226
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1942
Lot Size0.14 AC / 5,944 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Daniel Kim, DRE #01954104

Sold By New Star Realty, Christina Lee, DRE #01820106

Add your commute

Building Information for 148 Normandie Avenue

Stories2Residences-Year Built1942Building Size-Lot Size0.14 AC / 5,944 SF

Payment Calculator

$9,975 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,366

Property Taxes

$1,609

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 148 Normandie Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: SFR + 3 unit
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated, Smoke Detector
  • Direction Faces: West
  • Sewer: In Street
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: As Is, Rent Control, Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.1364
  • Lot Size Square Feet: 5944
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 5
  • Covered Parking: 5
  • Garage Spaces Total: 5
  • Parking Features: Covered
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Other
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-15-2021
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,433.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,406.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $202,059.00
  • Assessed Improvement Percent: 53.96
  • Assessed Land Value: $172,372.00
  • Assessed Land Percent: 46.04
  • Assessed Total Value: $374,431.00

Property History for 148 Normandie Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 148 Normandie Avenue

Taxable ValueLand$1,349,460Additions$214,200Total$1,563,660
Tax Record2023$19,307 ($1,609 / month)
Home Facts
Total Finished SqFt3,559 SqFtAbove Grade Finished SqFt3,559 SqFtLot Size5,944 SqFtStyleQuadraplexYear Built1942ZoningLAR4CountyLOS ANGELESAPN5518-006-007

Schools near 148 Normandie Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cahuenga Elementary School
PublicK to 5

Virgil Middle School
Public6 to 8

Academic Leadership Community School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Daniel Kim, DRE #01954104

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.