848 Normandie Avenue

Los Angeles, CA 90005

$1,690,000
Price
8
Beds
4
Baths
5,660 Sq. Ft.
$299 / Sq. Ft.
5,660
Sq. Ft.
$299
per Sq. Ft.

Description

Well maintained 4-plex boasting spacious 3+1 residences and ample R4 zoning in a prime K-town location. This property offers generous living spaces and four parking spots at the rear. All units are currently leased. Promising potential for rental escalation and future development. Kindly respect tenant privacy; please refrain from disturbing occupants. Buyer is advised to independently verify the accuracy of all information through personal inspection and w/appropriate professionals to ensure satisfaction,...Well maintained 4-plex boasting spacious 3+1 residences and ample R4 zoning in a prime K-town location. This property offers generous living spaces and four parking spots at the rear. All units are currently leased. Promising potential for rental escalation and future development. Kindly respect tenant privacy; please refrain from disturbing occupants. Buyer is advised to independently verify the accuracy of all information through personal inspection and w/appropriate professionals to ensure satisfaction, and to rely solely on verified information.
  1. Listed by Colby Jo • DRE #01299519 • Brokerage DRE #01299519 • Omni Realty & Investment Group

Property Details for 848 Normandie Avenue

Zoning
LAR4
Parcel Number
5094018002
Total Units
4.0
Living Area
5660
Source Living Area
Assessor
Area
Mid-Wilshire (C17)
Vacancy Rate
0
Lot Size Area
6751

Location

Listing Courtesy of Omni Realty & Investment Group, Colby Jo, DRE #01299519
Add your commute
LISTING UPDATED: 04/09/2024 12:01 AM

Property Details for 848 Normandie Avenue

StatusActive
MLS #24-375045
Days on Market32
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1917
Lot Size0.15 AC / 6,751 SF
CountyLos Angeles County

Location

Listing Courtesy of Omni Realty & Investment Group, Colby Jo, DRE #01299519
Add your commute

Building Information for 848 Normandie Avenue

Stories2Residences-Year Built1917Building Size-Lot Size0.15 AC / 6,751 SF

Payment Calculator

$10,856 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,223

Property Taxes

$1,633

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 848 Normandie Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Flat Units
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $97,868
  • Net Operating Income: $67,390.00
  • Gross Income: $97,868
  • Gross Rent Multiplier: $17.26
  • Total Annual Expense: 30478
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.155
  • Lot Size Square Feet: 6751
Parking Details
Parking Details
  • Parking Garage: Parking Space
  • Total Parking: 4
  • Parking Features: Parking Space
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Other
  • Equipment: Range/Oven, Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-01-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,600.00
  • Unit Actual Rent: $2,600.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,683.00
  • Unit Actual Rent: $1,683.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,993.00
  • Unit Actual Rent: $1,993.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,879.00
  • Unit Actual Rent: $1,879.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $582,624.00
  • Assessed Improvement Percent: 37.09
  • Assessed Land Value: $988,380.00
  • Assessed Land Percent: 62.91
  • Assessed Total Value: $1,571,004.00

Property History for 848 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 848 Normandie Avenue

Taxable ValueLand$988,380Additions$582,624Total$1,571,004
Tax Record2023$19,595 ($1,633 / month)
Home Facts
Total Finished SqFt5,660 SqFtAbove Grade Finished SqFt5,660 SqFtLot Size6,749 SqFtStyleQuadraplexYear Built1917ZoningLAR4CountyLOS ANGELESAPN5094-018-002

Schools near 848 Normandie Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Mariposa-Nabi Primary Center
PublicK to 2

Hobart Boulevard Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

Young Oak Kim Academy
Public6 to 8

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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848 Normandie Avenue is a multi-family home for sale in Los Angeles, CA 90005. This property was listed for sale on April 1, 2024 by Omni Realty & Investment Group, it's currently listed at $1,690,000. It has been on the market for a total of 32 days and was last sold on November 30, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Mariposa-Nabi Primary Center, Hobart Boulevard Elementary School and Berendo Middle School. 848 Normandie Avenue is a 8-bed, 4-bath, 5,660 sqft multi-family home built in 1917.

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 Omni Realty & Investment Group, Colby Jo, DRE #01299519

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.