Listing Courtesy Of:
Apple Tree Realty, 213-465-4858, Thomas Yong Kim
Local Realty Services Provided By:
Keller Williams Realty Larchmont
Overview
What It'll Cost
Neighborhood
Similar Homes
$799,000
4815 S Normandie Ave, Los Angeles, CA 90037
5 Beds
4 Baths
2,208
sq ft
.12
ac
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$799,000
4815 S Normandie Ave, Los Angeles, CA 90037
Estimation provided by Keller Williams Realty Inc.
5 Beds
4 Baths
2,208
sq ft
.12
ac
Active
For Sale
Property Description
ALL UNITS WILL BE DELIVERED AS VACANT. This 3 UNIT INCOME PROPERTY has lots of potential with today's high yield CAP rate with beneficial Zoning with C2 (Commercial) + Residential MIXED USE ZONING so the buyer may keep the property as it is with higher CAP rate with cash flow or develop a Mixed Use Commercial and Residential income property. Currently the area is developing with new constructions. The house is Just 7-8 minutes to USC, Exposition Park, Swimming Facility, and Stadium. 10 -15 minutes to Downtown Los Angeles and Sofi Olympic Stadium! Current Owner input a lot of improvements on the property with UDU project with new Electric Meters and upgrades, a new staircase. The roof is quite new, new Double Pane Windows, New Bathrooms and lots of improvements! This is a GEM and a MUST SEE PROPERTY!!! 2 RESIDENTIAL UNITS WITH A COMMERCIAL UNIT PROPERTY. BUYER MAY ADD UP 2 ADU units with totaling 1,200 SQF or can make a development project with 14 unit apartment building.
Assessed Value is a combination of the land and additions.
2023
$5,754
(+4.55%)
$438,058
Land 307,211 +
Additions 130,847
2022
$5,504
(+1.42%)
$421,050
Land 295,283 +
Additions 125,767
2021
$5,427
(+2.91%)
$421,050
Land 295,283 +
Additions 125,767
2019
$5,274
(+258,425%)
$416,734
Land 292,256 +
Additions 124,478
2017
$2.04
$400,554
Land 275,400 +
Additions 117,300
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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