4815 Normandie Avenue

Los Angeles, CA 90062

$800,000
Price
5
Beds
4
Baths
2,208 Sq. Ft.
$362 / Sq. Ft.
2,208
Sq. Ft.
$362
per Sq. Ft.

Description

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...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 verify the status) with a new Electric Meter. The roof is quite new, new Double Pane Windows, New Bathrooms and lots of improvements! This is a GEM and a MUST SEE PROPERTY! It could be a SINGLE FAMILY HOUSE WITH A COMMERCIAL UNIT or Buyer may complete the Final Permit process and have a 2 RESIDENTIAL UNITS WITH A COMMERCIAL UNIT PROPERTY.
  1. Listed by Thomas Yong Kim • DRE #01934789 • Brokerage DRE #01934789 • Apple Tree Realty

Property Details for 4815 Normandie Avenue

Zoning
LAC2
Style
Colonial
Parcel Number
5016021004
Total Units
3.0
Living Area
2208
Source Living Area
Vendor Enhanced
Area
Los Angeles Southwest (C34)
Vacancy Rate
1

Location

Listing Courtesy of Apple Tree Realty, Thomas Yong Kim, DRE #01934789
Add your commute
LISTING UPDATED: 06/03/2024 08:38 AM

Property Details for 4815 Normandie Avenue

StatusActive
MLS #24-394421
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.12 AC / 5,405 SF
CountyLos Angeles County

Location

Listing Courtesy of Apple Tree Realty, Thomas Yong Kim, DRE #01934789
Add your commute

Building Information for 4815 Normandie Avenue

Stories2Residences-Year Built1953Building Size-Lot Size0.12 AC / 5,405 SF

Payment Calculator

$4,846 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$480

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4815 Normandie Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Residential
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $1
  • Net Operating Income: $1.00
  • Gross Income: $1
  • Gross Rent Multiplier: $1.00
  • Total Annual Expense: 1
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1241
  • Lot Size Square Feet: 5405
Parking Details
Parking Details
  • Parking Garage: Gated
  • Total Parking: 5
  • Open Other Spaces Total: 5
  • Parking Features: Gated
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Wall Gas
  • Flooring: Laminate
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-20-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $130,847.00
  • Assessed Improvement Percent: 29.87
  • Assessed Land Value: $307,211.00
  • Assessed Land Percent: 70.13
  • Assessed Total Value: $438,058.00

Property History for 4815 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 4815 Normandie Avenue

Taxable ValueLand$307,211Additions$130,847Total$438,058
Tax Record2023$5,754 ($480 / month)
Home Facts
Total Finished SqFt2,208 SqFtAbove Grade Finished SqFt2,208 SqFtStories1Lot Size5,403 SqFtStyleOffice BuildingYear Built1953ZoningLAC2CountyLOS ANGELESAPN5016-021-004

Schools near 4815 Normandie Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 4
Public - 6 to 9
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
KIPP Vida Preparatory Academy
CharterK to 4

Barack Obama Global Preparation Academy
Public6 to 9

Manual Arts Senior High 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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4815 Normandie Avenue is a multi-family home for sale in Los Angeles, CA 90062. This property was listed for sale on May 20, 2024 by Apple Tree Realty, it's currently listed at $800,000. It has been on the market for a total of 28 days and was last sold on June 18, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include KIPP Vida Preparatory Academy, Barack Obama Global Preparation Academy and Manual Arts Senior High School. 4815 Normandie Avenue is a 5-bed, 4-bath, 2,208 sqft multi-family home built in 1953.

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 Apple Tree Realty, Thomas Yong Kim, DRE #01934789

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.