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$1,650,000

Beds
10
sq ft
5,640

4801 S Normandie Ave, Los Angeles, CA 90037

4801 S Normandie Ave

Los Angeles, CA 90037

  • 111 days on market
    • Price drop $75,000↓
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!

Details

Property type

Property condition

Updated/Remodeled

Lot size

5,621 sq ft

Price per sq ft

$293

Year built

1915

HOA

No

Price History

10/07/2024
CLAW

CLAW #24435165

Price change
$1,650,000
-4.35%
09/03/2024
CLAW

CLAW #24435165

Listed
$1,725,000

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Status: Active

Tomo last checked: 12/24/2024 at 6:15 AM

Listing updated: 12/04/2024 at 9:15 PM

Listed by: Michael R. Fukushima, Keller Williams Realty Downey Phone #: (562) 334-1500

MLS: CLAW #24435165

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