4801 S Normandie Avenue , Los Angeles, CA 90037
Los Angeles, CA 90037
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!
Details
| Mls | 24435165 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 98 |
| Listing Provided By | Keller Williams Realty Downey 562-334-1500 | Michael R. Fukushima |
Features
| Beds | 10 |
|---|---|
| Baths | 8 |
| Sq Feet | 5,640 |
| Pool | Yes |
| Storys | 2 |
| Units | 5 |
| Buildings | 1 |
| Zoning | LAC2 |
| Acreage | 0.13 |
Market Activity 90037
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90037 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90037) | |
Price: $1,650,000 low | high Med: $750,000 SqFt: 5,640 low | high Med: 1,763 $ / SqFt: $293 low | high Med: $426 On Site: 98 low | high Med: 47.500000 | |
