4801 S Normandie Ave, Los Angeles, CA 90037

$1,725,000
10
BD
8
BA
5,640
SqFt
List Price
$1,725,000
MLS#
24-435165
Year Built
1915
Bedrooms
10
Bathrooms
8
Living Sq. Ft
5,640
Lot Size
5,621
Lot Location
Corner Lot
Days on Market
12
Property Type
Multifamily
Stories
2

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 $1,725,000, the property is a 14.5 GRM and a 4.9% 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 $345,000 per unit, $306 per building Square Foot, and $307 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!

Additional Information

Lot Description
Fenced
Other Buildings
None
Pool
Yes
Pool Description
Fenced
Heat
Wall
Cooling
Air Conditioning
Exterior Construction
Brick
Number of Cars in Garage
Gated

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Keller Williams Downtown LA, Michael R. Fukushima - CA DRE#01380445

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