848 Normandie Avenue
848 Normandie Avenue
$1,510,000
12
4
5,660
5,660
$267
Sold 12/8/20
Description
Presented for sale is a 4 Unit Apartment Building with tremendous redevelopment upside! This building features huge 3+1 homes with 4+ parking spaces in the rear. There is currently one vacant unit and a potential to deliver the three other units with cash-for-keys agreements. With a low offer price of $283 a square foot, getting to Market Rents can push this deal to a mid 7 CAP or build 29 units on site. Come be at the center of it all, surrounded by casual and fine dining, two blocks to Seoul International...Presented for sale is a 4 Unit Apartment Building with tremendous redevelopment upside! This building features huge 3+1 homes with 4+ parking spaces in the rear. There is currently one vacant unit and a potential to deliver the three other units with cash-for-keys agreements. With a low offer price of $283 a square foot, getting to Market Rents can push this deal to a mid 7 CAP or build 29 units on site. Come be at the center of it all, surrounded by casual and fine dining, two blocks to Seoul International Park, less than half a mile / four blocks to the Metro Red Line Subway Station, music, bars, shopping...hard to ask for more!
- Listed by Dario Svidler • DRE #01884474 • Brokerage DRE #00625769 • Compass
- Listed by James Cheung • DRE #01940778 • Compass
Property Details for 848 Normandie Avenue
Zoning
R4-2 Tier 3
Cross StreetsJames M Wood Blvd.
Parcel Number5094018002
Total Units4.0
Living Area5660
Source Living AreaVendor Enhanced
AreaMid-Wilshire (C17)
Subdivision NameKoreatown
Location
LISTING UPDATED: 12/11/2020 03:26 PM
Property Details for 848 Normandie Avenue
Status | Sold |
---|---|
MLS # | 20-586674 |
Days on Market | 96 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1917 |
Lot Size | 0.15 AC / 6,750 SF |
County | Los Angeles County |
Location
Building Information for 848 Normandie Avenue
Stories2Residences-Year Built1917Building Size-Lot Size0.15 AC / 6,750 SF
Payment Calculator
$9,874 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 848 Normandie Avenue
Property History for 848 Normandie Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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