4801 Normandie Avenue

Los Angeles, CA 90062

$1,650,000
Price
10
Beds
8
Baths
5,640 Sq. Ft.
$293 / Sq. Ft.
5,640
Sq. Ft.
$293
per Sq. Ft.

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...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!
  1. Listed by Michael R. Fukushima • DRE #01380445 • Brokerage DRE #00752861 • Keller Williams Realty Downey
  2. Listed by Stephen F. Watson • DRE #01187813 • Brokerage DRE #00752861 • Keller Williams Realty Downey

Property Details for 4801 Normandie Avenue

Zoning
LAC2
Cross Streets
48th St
Parcel Number
5016021001
Total Units
5.0
Living Area
5640
Source Living Area
Vendor Enhanced
Area
Los Angeles Southwest (C34)
Vacancy Rate
1
LISTING UPDATED: 10/29/2024 04:04 PM

Property Details for 4801 Normandie Avenue

StatusActive
MLS #24-435165
Days on Market92
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1915
Lot Size0.13 AC / 5,621 SF
CountyLos Angeles County

Building Information for 4801 Normandie Avenue

Stories2Residences-Year Built1915Building Size-Lot Size0.13 AC / 5,621 SF

Property Information for 4801 Normandie Avenue

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Residential
  • Security Features: Gated
  • Property Condition: Updated/Remodeled
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $119,592
  • Net Operating Income: $85,559.00
  • Gross Income: $119,592
  • Cap Rate: 5.20%
  • Gross Rent Multiplier: $13.80
  • Actual Annual Gross Rent: $119,004.00
  • Actual Gross Annual Income: $119,592
  • Actual Rent Total: $9,917.00
  • Owner Pays: Water
  • Total Annual Expense: 34033
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Lot Acreage: 0.129
  • Lot Size Square Feet: 5621
  • Lot Description: Fenced
  • Lot Location: Corner Lot
Parking Details
Parking Details
  • Parking Garage: Gated
  • Total Parking: 10
  • Open Other Spaces Total: 10
  • Parking Features: Gated
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Air Conditioning
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Refrigerator, Range/Oven
  • Laundry: Laundry Area
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: Yes
  • Pool Description: Fenced
  • Pool Features: Fenced
  • New Construction: No
  • Construction Materials: Brick
  • Exterior Construction: Brick
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-03-2024
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,671.00
  • Unit Actual Rent: $3,342.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,300.00
  • Unit Actual Rent: $2,300.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,775.00
  • Unit Actual Rent: $1,775.00
  • Unit Projected Rent: $4,050.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $147,766.00
  • Assessed Improvement Percent: 37.5
  • Assessed Land Value: $246,281.00
  • Assessed Land Percent: 62.5
  • Assessed Total Value: $394,047.00

Property History for 4801 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 4801 Normandie Avenue

Taxable ValueLand$251,206Additions$150,721Total$401,927
Tax Record2024$5,604 ($467 / month)
Home Facts
Total Finished SqFt5,640 SqFtAbove Grade Finished SqFt5,640 SqFtStories1Lot Size5,621 SqFtStyleOffice BuildingYear Built1915ZoningLAC2CountyLOS ANGELESAPN5016-021-001

Schools near 4801 Normandie Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 4
Public - 6 to 11
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
KIPP Vida Preparatory Academy
CharterK to 4

Barack Obama Global Preparation Academy
Public6 to 11

Manual Arts Senior High 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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4801 Normandie Avenue is a multi-family home for sale in Los Angeles, CA 90062. This property was listed for sale on September 3, 2024 by Keller Williams Realty Downey, it's currently listed at $1,650,000. It has been on the market for a total of 92 days and was last sold on March 8, 2011. This listing's school district is Los Angeles Unified School District. Nearby schools include KIPP Vida Preparatory Academy, Barack Obama Global Preparation Academy and Manual Arts Senior High School. 4801 Normandie Avenue is a 10-bed, 8-bath, 5,640 sqft multi-family home built in 1915.

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 Keller Williams Realty Downey, Michael R. Fukushima, DRE #01380445; Keller Williams Realty Downey, Stephen F. Watson, DRE #01187813

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.