315 North Normandie Avenue

Los Angeles, CA 90004

$2,349,000
Price
13
Beds
12
Baths
3,908 Sq. Ft.
$601 / Sq. Ft.
3,908
Sq. Ft.
$601
per Sq. Ft.

Description

PRIME LOCATION charming 3-unit 2023 NEWLY built 3-story income property EXTRORDINARY opportunity for investors. Very very unique features with MODERN design and TWO ASSIGNED PARKING spaces for each unit. No rent control. No hoa. Low holding cost with potential space for cap rate. The triplex comes with Living sf 3,908 sf, lot size 4,500 sf, 13 bedrooms, 12 baths, 6 parking spaces, and FENCE YARD. UNIQUE floor plan with TEN SUITES which are 2 units with 5 bedrooms 5 bathrooms that you cannot find...PRIME LOCATION charming 3-unit 2023 NEWLY built 3-story income property EXTRORDINARY opportunity for investors. Very very unique features with MODERN design and TWO ASSIGNED PARKING spaces for each unit. No rent control. No hoa. Low holding cost with potential space for cap rate. The triplex comes with Living sf 3,908 sf, lot size 4,500 sf, 13 bedrooms, 12 baths, 6 parking spaces, and FENCE YARD. UNIQUE floor plan with TEN SUITES which are 2 units with 5 bedrooms 5 bathrooms that you cannot find any more! The first unit located on 1st floor with 3 bedrooms 2 bathrooms, and 2 front parking spaces. At the back there are 4 parking spaces for the rest two upstairs units. The second unit located on 2nd and 3rd floors at the front of the property with FIVE SUITES. The last unit is also located on 2nd and 3rd floors but at the back of the property with ANOTHER FIVE SUITES. Each unit has 2 assigned parking spaces, trash account, SEPARATED electricity meter,gas meter, as well as WASHER and DRYER. The downstairs unit has its own water meter, and the rest 2 units share with main water meter. Lots of natural lights in the open floor plan. Expansive windows with panoramic views of plam trees, the Hollywood sign, and LA downtown skyline. Kitchen central island. New kitchen appliances. Contemporary bathroom light upgrades. Located in the heart of the East Hollywood, Los Angeles, which is around Koreatown. Closed to retail plazas with lots of restaurants, shops, various transportation, entertainments, and highway access. Buyer to perform buyer’s own due diligence to verify all permits, SQFT, bedroom/bathroom count, school, and accuracy of all property related info.
  1. Listed by Gangming Liang • DRE #01925463 • Brokerage DRE #01964500 • Harvest Realty Development • 415-623-4362
  2. Listed by Min Xu • DRE #02228602 • Brokerage DRE #01964500 • Harvest Realty Development

Property Details for 315 North Normandie Avenue

View
City Lights
Parking Spaces Total
6
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1092
LISTING UPDATED: 12/05/2024 03:10 PM

Property Details for 315 North Normandie Avenue

StatusActive
MLS #OC24239457
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built2023
Lot Size0.10 AC / 4,500 SF
CountyLos Angeles County

Building Information for 315 North Normandie Avenue

Stories1Residences-Year Built2023Building Size-Lot Size0.10 AC / 4,500 SF

Property Information for 315 North Normandie Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $16,200
  • Gross Scheduled Income: $162,000
  • Net Operating Income: $127,200
Expense Details
  • Operating Expense: $31,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $31,200
Tax / Assessment Info
  • Tax Tract Number: 1226
  • Tax Census Tract: 1925.20
  • CFD/Mello-Roos Fee: $305
  • Tax Lot: 12
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Room Type: Bonus Room, Entry, Great Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Inside
  • Laundry Location: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air
Exterior Features
  • Entry Location: 1
  • Structure Type: Triplex
  • Miscellaneous: Urban
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Lease Considered: No
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Building Status: Existing
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $5,000
  • Unit Type Total Rent: $5,000
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $5,000
  • Unit Type Total Rent: $5,000
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2

Property History for 315 North Normandie Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 315 North Normandie Avenue

Taxable ValueLand$530,095Additions$132,522Total$662,617
Tax Record2024$8,250 ($688 / month)
Home Facts
Beds3Total Finished SqFt1,092 SqFtAbove Grade Finished SqFt1,092 SqFtStories1Lot Size4,500 SqFtStyleSingle Family ResidenceYear Built1912ZoningLAR3CountyLOS ANGELESAPN5520-026-011

Schools near 315 North Normandie Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Alexandria Avenue Elementary School
PublicK to 5

Virgil Middle School
Public6 to 8

Academic Leadership Community School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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315 North Normandie Avenue is a townhouse for sale in Los Angeles, CA 90004. This property was listed for sale on November 27, 2024 by Harvest Realty Development, it's currently listed at $2,349,000. It has been on the market for a total of 23 days and was last sold on June 9, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Alexandria Avenue Elementary School, Virgil Middle School and Contreras Learning Center-School Of Social Justice. 315 North Normandie Avenue is a 13-bed, 12-bath, 3,908 sqft townhouse built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Harvest Realty Development, Gangming Liang, DRE #01925463; Harvest Realty Development, Min Xu, DRE #02228602

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.