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4815 S Normandie Ave

Los Angeles, CA 90037
  • $850,000
  • STATUS: Active
  • ON SITE: 12 days
  • ID#: 21-760726
UPDATED: 8 min ago
$850,000
  • 5
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,208
    SQFT
  • $385
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

This property has lots of potential with current enough income CAP rate. The Zoning is Commercial + Residential mixed use zoning so the buyer may keep the property as it is with higher CAP rate or develop to Mixed Use Commercial and Residential Building. Only with lots of potential. Only 7-8 minutes to Univercity of Sethern California, Exposition Park, Swimming Stadium, Banc of California Football Stadium. 10 -15 minutes to Downtown Los Angeles and Sofi Olympic Stadium! Current Owner input a lot of improvements on the property and UDU project. The roof is new and newly permitting upgraded Utility Meters, Windows, Bathrooms and so much more! MUST SEE PROPERTY!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T14:42:55.727. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.brandiprattrealestate.com/homes/119302526
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4815 S Normandie Ave Los Angeles, CA 90037

  • Price: $850,000
  • Status: Active
  • Updated: 8 min ago
  • ID#: 21-760726
5
Beds
0
Baths
0
½ Baths
0.12
Acres
2,208
SQFT
$385
$/SQFT
1953
Built
Neighborhood:
Los Angeles Southwest
County:
Los Angeles
Area:
Los Angeles Southwest
Property Description
This property has lots of potential with current enough income CAP rate. The Zoning is Commercial + Residential mixed use zoning so the buyer may keep the property as it is with higher CAP rate or develop to Mixed Use Commercial and Residential Building. Only with lots of potential. Only 7-8 minutes to Univercity of Sethern California, Exposition Park, Swimming Stadium, Banc of California Football Stadium. 10 -15 minutes to Downtown Los Angeles and Sofi Olympic Stadium! Current Owner input a lot of improvements on the property and UDU project. The roof is new and newly permitting upgraded Utility Meters, Windows, Bathrooms and so much more! MUST SEE PROPERTY!
Exterior Features

Direction Faces East Entry Location Living Room Exterior Construction Stucco Lot Location City Lot Size Area 5403 Other Structures None Parking Garage Parking Space Pool Description None Pool YN No Roof Asphalt Spa None Spa YN No Sprinklers None Tennis Court None Tennis YN No Total Parking 4 Water Frontage None

Interior Features

Bathroom Features Low Flow Shower(S)Low Flow Toilet(S)Remodeled Baths Total 3.00 Cooking Appliances Oven-GasCooktop - Gas Cooling Wall/Window Equipment Ceiling Fan Fireplace Rooms None Flooring MixedLaminateTile Heating Wall Windows Double Pane Windows

Property Features

Assessed Total Value 416734 Gross Income 57696 Gross Operating Income 57696 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 39056.00 Number Of Buildings 2 Number Of Units 3 Owner Pays GasElectricityWater Property Condition Updated/RemodeledRepair Cosmetic Sale Type Standard Security Features Gated Sewer In Street Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 18640 Type Of Units Residential Water Public Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lac2

Listing provided courtesy of Thomas Yong Kim DRE#01934789 of Apple Tree Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T14:42:55.727. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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eXp Realty of California, Inc.
2603 Camino Ramon, Suite 200
San Ramon CA, 94583