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4815 Normandie Avenue
Los Angeles, CA 90037
ALL UNITS WILL BE DELIVERED AS VACANT. 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!!! 2 RESIDENTIAL UNITS WITH A COMMERCIAL UNIT PROPERTY. BUYER MAY ADD UP 2 ADU units with 1,200 SQF or can make a development project with 14 unit apartment building.
PROPERTY INFORMATION
| MLS # | 24394421 | Lot Size | 5,405 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 849,000
Price Per SqFt: $ 385 |
DOM | 350 Days |
| Address | 4815 Normandie Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 2,208 Sq. Ft. |
| Postal Code | 90037 | Garage | N/A |
| County | Los Angeles | Year Built | 1953 |
| Bed / Bath | 5 / 0 | Parking | 6 |
| Built In | 1953 | Status | Active |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Cooling | No |
| Cooling Information | None |
| Flooring Information | Laminate |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $906
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/20/2024 | Price Change (Relisted) | $849,000 (-0.12%) |
| 05/20/2024 | Listed | $800,000 |
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Listing provided courtesy of Thomas Yong Kim, Apple Tree Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
