18424 Normandie Avenue

Gardena, CA 90248

$8,500,000
Price
2024
Beds
2116
Baths
21,886 Sq. Ft.
$388 / Sq. Ft.
21,886
Sq. Ft.
$388
per Sq. Ft.

Description

Rare South Bay 46 Unit Apartment Complex located in the Gardena P. O. (city of Los Angeles) on a 33,919 Square Foot Lot. The Building is Approximately 21,886 sq feet. This Asset has so Much Potential! Rents are very Low. Unit Mix is as follows: 3-Studios, 1-2 Bedroom and 42-1 Bedrooms. Property is Master Metered for Utilities which includes Water, Electric & Gas. There are 46 Parking Spaces. The Complex includes a Sparkling Gated Pool, Laundry Room and Well-Lit Parking Lot in the Back of the Building....

Property Details for 18424 Normandie Avenue

Parking Spaces Total
46
Private Pool
No
Cooling Type
None

Location

Listing Courtesy of West Shores Realty, Inc., Sharon Tsukamoto, DRE #01015772

Property Details for 18424 Normandie Avenue

StatusActive
MLS #SB21069501
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
CountyLos Angeles County

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Location

Listing Courtesy of West Shores Realty, Inc., Sharon Tsukamoto, DRE #01015772

Building Information for 18424 Normandie Avenue

Building/Complex18424 Normandie AveFloor-Stories-Residences-Pet Policy-Year Built1963Building Size-

Payment Calculator

$28,486 per month

30 year fixed, 2.95% Interest

Principal and Interest

$28,486

Property Taxes

HOA Dues

$0

Property Information for 18424 Normandie Avenue

Property Features
    Interior Features
  • Common Walls: 2+ Common Walls
  • Fireplace: No
  • Fireplace Features: None
  • Heating Type: Wall Furnace
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Number of 3 Quarter Bathrooms: 0.0
  • Baths One Quarter: 0.0
  • Total Units: 46.0
  • Room Type: Living Room, Main Floor Bedroom, Walk-In Closet
    Exterior Features
  • Pool Features: Community, In Ground
    Parking Info
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Features: Assigned
  • Uncovered Spaces: 46
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Property Attached YN: true
  • Parcel Number: 6109006052
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 1963
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 21886
  • Building Area Units: Square Feet
  • Living Area: 21886
Community/Development / Location Info
    School/Location Info
  • Zip Code: 90248
  • Street Number Numeric: 18424.0
  • Street Name: NORMANDIE
  • Street Direction Prefix: S
  • Street Suffix: Avenue
  • Country: US
  • County Or Parish: Los Angeles
  • Directions: NORMANDIE AVE AND 182ND STREET
  • Area: South Gardena (120)
    Association Information
  • Community Features: Sidewalks
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Census Tract: 2913.00
  • Tax Lot: 6
  • Tax Tract Number: 25241
  • Zoning: LAR3
    Income Details
  • Gross Income: $551,400
  • Gross Operating Income: $529,920
  • Gross Scheduled Income: $547,200
  • Laundry Income: $4,200
  • Net Operating Income: $200,071
  • Vacancy Allowance Rate: 4
    Expense Details
  • Electric Expense: $28,340
  • Fuel Expense: $16,422
  • Insurance Expense: $10,178
  • Licenses Expense: $1,275
  • Maintenance Expense: $74,884
  • New Taxes Expense: $106,250
  • Operating Expense: $351,500
  • Pest Control Expense: $684
  • Pool Expense: $3,265
  • Professional Management Expense: $27,544
  • Security Expense: $10,680
  • Supplies Expense: $15,479
  • Total Expenses: $351,500
  • Trash Expense: $9,598
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Sewer Expense: $37,754
  • Workmans Compensation Expense: $1,595
  • Gardener Expense: $2,200
Unit Information
    Unit 1
  • Unit Type Actual Rent: $1,400
  • Unit Type Garage Spaces: 46
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 44
  • Unit Type Baths Total: 46
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 69950
  • Unit Type Units Total: 46
  • Unit Type Total Rent: $49,948
  • Unit Type Type: 1
    Multi-Unit Info
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: Yes
  • Tenant Pays: Cable TV
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: .78
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 33919
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer

Property History for 18424 Normandie Avenue

DateEvent & SourcePriceAppreciation
Apr 2, 2021

Listed (Active)

CRMLS #SB21069501

$8,500,000
Apr 1, 2021

Listed (Active)

CLAW #SB21069501MR

$8,500,000
Apr 1, 2021

Listed (Active)

SDMLS #SB21069501

$8,500,000
DateEvent & SourcePrice
04/02/2021

Listed (Active)

CRMLS #SB21069501

$8,500,000
04/01/2021

Listed (Active)

CLAW #SB21069501MR

$8,500,000
04/01/2021

Listed (Active)

SDMLS #SB21069501

$8,500,000

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

Public Records for 18424 Normandie Avenue

Taxable ValueLand$3,250,597Additions$2,858,282Total$6,108,879
Tax Record2020$82,212 ($6,851 / month)
Home Facts
Total Finished SqFt21,886 SqFtAbove Grade Finished SqFt21,886 SqFtLot Size33,919 SqFtStyleMulti-Family Res (5+ Units)Year Built1963Year Renovated1965ZoningLAR3CountyLOS ANGELESAPN6109006052

Schools near 18424 Normandie Avenue


SchoolTypeGradesDistanceRating
New Millennium SecondaryCharter9-120.2 mi
4
Gardena Senior High SchoolPublic9-120.3 mi
3
One Hundred Eighty-Sixth Street Elementary SchoolPublicK-50.4 mi
5
Moneta Continuation SchoolPublic9-120.5 mi
NR

New Millennium Secondary

9-12, 0.2 mi, Charter

4

Gardena Senior High School

9-12, 0.3 mi, Public

3

One Hundred Eighty-Sixth Street Elementary School

K-5, 0.4 mi, Public

5

Moneta Continuation School

9-12, 0.5 mi, Public

NR

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.

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18424 Normandie Avenue is a multi-family home for sale in Gardena, CA 90248. This property was listed for sale on April 1, 2021 by West Shores Realty, Inc. at $8,500,000. It has been on the market for a total of 39 days and was last sold on March 5, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include New Millennium Secondary, Gardena Senior High School and One Hundred Eighty-Sixth Street Elementary School. 18424 Normandie Avenue is a 2024-bed, 2116-bath, 21,886 sqft multi-family home built in 1963. This address can also be written as 18424 Normandie Ave.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of West Shores Realty, Inc., Sharon Tsukamoto, DRE #01015772

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association 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 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.