10
See all 10 photos
$1,650,000
Est. payment /mo
10 BD
8 BA
5,640 SqFt
Active
4801 S Normandie AVE Los Angeles, CA 90037
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UPDATED:
12/05/2024 05:10 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,640 sqft
Price per Sqft $292
MLS Listing ID 24435165
Bedrooms 10
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1915
Lot Size 5,619 Sqft
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 C34 - Los Angeles Southwest
Zoning LAC2
Interior
Heating Wall Furnace
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Gated
Pool Fenced
Community Features Gated
Total Parking Spaces 10
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5016021001
Security Features Gated Community
Special Listing Condition Standard
Listed by Michael R. Fukushima • Keller Williams Realty Downey
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