4801 S Normandie Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,640 sqft
Price per Sqft $292
MLS Listing ID 24-435165
Bedrooms 10
Construction Status Updated/Remodeled
Year Built 1915
Lot Size 5,621 Sqft
Acres 0.129
Property Description
We are proud to present 4801 S Normandie Ave. The subject property is a mixed use building constructed in 1915. The property contains one 3 bedroom/2 bathroom unit, two 2 bedroom/2bathroom units, and one three bedroom/one bathroom unit, and the first floor tenant is a Church. The property is situated near USC with good walkability and access to public transportation. Built in 1915, the property is zoned LAC2. The property is a 5,640 Square Foot building on a 5,621 Square Foot lot. The building also has 10 parking spaces in a gated lot. At a list price of $1,650,000, the property is a 9.5 proforma GRM and a 8.1% proforma CAP rate. 4801 S Normandie Ave is less than two miles away from Exposition Park, which is ideal with the 2028 Olympics approaching. Additionally, the building contains one vacancy (2+2). The property is listed at $330,000 per unit, $293 per building Square Foot, and $294 per land Square Foot. The owner has preliminary plans to construct ADUs. Unit Type 4 is a commercial retail space. DO NOT DISTURB OCCUPANTS! DRIVE BY ONLY! THOSE WHO DO NOT COMPLY WILL BE DISQUALIFIED!
Location
State CA
County Los Angeles
Area Los Angeles Southwest
Zoning LAC2
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Air Conditioning
Equipment Refrigerator, Range/Oven
Laundry Laundry Area
Exterior
Parking Features Gated
Garage Spaces 10.0
Pool Fenced
Building
Lot Description Fenced
Story 2
Level or Stories Two
Structure Type Brick
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard