Los Angeles, CA 90037,4801 S Normandie Ave
Los Angeles, CA 90037,4801 S Normandie Ave
Los Angeles, CA 90037,4801 S Normandie Ave
10
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$1,650,000
Est. payment /mo
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10 BD
8 BA
5,640 SqFt
Price Dropped by $75K

4801 S Normandie Ave Los Angeles, CA 90037

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UPDATED:

10/29/2024 11:04 PM

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


TheMLS (CLAW)
Listed by Keller Williams Realty Downey

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Joshua Shorter

RE.S.0191694

+1(702) 728-0089

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4801 S Normandie Ave