1029 S Normandie Ave, Los Angeles, CA 90006
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1029 S Normandie Ave Los Angeles, CA 90006

$1,199,000
  • 3 Beds
  • 3 Baths
  • 1,575 Sq.Ft.
For Sale
$1,199,000 Get Pre-Qualified

Map preview of 1029 S Normandie Ave, Los Angeles, CA 90006

Property Overview: 1029 S Normandie Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,575 living square feet and 5,907 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Current ownership purchased this property for $1,100,000.00 back in 2018. Motivated Seller. All serious offers will be considered. This DUPLEX, WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. REMODEL TO GET HIGHEST RENT POSSIBLE OR REDEVELOPMENT OPPORTUNITY!! LOCATION, LOCATION, LOCATION!! R-4/1 Zoning, Center of Normandie and Olympic Blvd. Great Location with Great Possibilities!! Land Value. 14 Units By-Right Buildable sq footage 9,720sf. & 26 Potential Units with TOC Tier 3, Maximum Buildable square footage: 17,310 sf., refer to attached Document. Buyer to verify all information. There are no approved plans or RTI. Buyer/developer to draw a new plan.

Listed by Max Lee | BRE #01905008 | Real Broker
Last checked: 14 minutes ago | Last updated: April 23rd, 2024 | Source CRMLS | DOM: 29
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Home details

Lot Sq. Ft
5,907
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24372759
City
Los Angeles
County
Los Angeles
Time on Site
28 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1029 S Normandie Ave

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Property Details for 1029 S Normandie Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 2
  • Parcel Number: 5078018007
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Western Ave. West of Vermont Ave. North of Pico Blvd. South of Wilshire Blvd.
View more facts & features

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Sale History for 1029 S Normandie Ave

Last leased for $4,500 on April 17th, 2019
  • March, 2024

  • Mar 25, 2024

    Date

    Active

    CRMLS: 24372759

    $1,288,800

    Price

  • March, 2024

  • Mar 20, 2024

    Date

    Expired

    CRMLS: 23296731

    $1,288,800

    Price

  • Aug 1, 2023

    Date

    Active

    CRMLS: 23296731

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    Current ownership purchased this property for $1,100,000.00 back in 2018. Motivated Seller. All serious offers will be considered. This DUPLEX, WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. REMODEL TO GET HIGHEST RENT POSSIBLE OR REDEVELOPMENT OPPORTUNITY!! LOCATION, LOCATION, LOCATION!! R-4/1 Zoning, Center of Normandie and Olympic Blvd. Great Location with Great Possibilities!! Land Value. 14 Units By-Right Buildable sq footage 9,720sf. & 26 Potential Units with TOC Tier 3, Maximum Buildable square footage: 17,310 sf., refer to attached Document. Buyer to verify all information.

  • June, 2023

  • Jun 16, 2023

    Date

    Expired

    CRMLS: 22174843

    $1,350,000

    Price

  • Jul 4, 2022

    Date

    Active

    CRMLS: 22174843

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE DROPPED $200,000 FOR QUICK SALE!! R-4/1 Zoning, Center of Normandie and Olympic Blvd. Great Location with Great Possibilities!! Land Value. 14 Units By-Right Buildable sq footage 9,720sf. & 26 Potential Units with TOC Tier 3, Maximum Buildable square footage: 17,310 sf., refer to attached Document. Buyer to verify all information. Deadline for offers set.

  • July, 2022

  • Jul 1, 2022

    Date

    Expired

    CRMLS: 22136821

    $1,700,000

    Price

  • Mar 15, 2022

    Date

    Active

    CRMLS: 22136821

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    R-4/1 Zoning, Center of Normandie and Olympic Blvd. Great Location with Great Possibilities!! Land Value. 14 Units By-Right Buildable sq footage 9,720sf. & 26 Potential Units with TOC Tier 3, Maximum Buildable square footage: 17,310 sf., refer to attached Document. Buyer to verify all information.

  • April, 2019

  • Apr 17, 2019

    Date

    Leased

    CRMLS: 18414264

    $4,500

    Price

  • Dec 8, 2018

    Date

    Active

    CRMLS: 18414264

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    CURRENTLY USED AS MEDICAL OFFICE. ZONED R4. POSSIBLE MEDICAL OFFICE, CHURCH, PRE-SCHOOL, DAY-CARE, CPA OFFICE, START-UPS WELCOME!! RECORDED AS DUPLEX, FRONT HOUSE & REAR HOUSE. ANYTHING YOU CAN THINK OF~ THIS WILL RENT OUT FAST!!! TITLED AS DUPLEX. MULTI-YEAR LEASE POSSIBLE. APPLICANT TO VERIFY ALL FACTS.

  • April, 2018

  • Apr 24, 2018

    Date

    Sold

    CRMLS: 17195016

    $1,100,000

    Price

  • Feb 19, 2018

    Date

    Pending

    CRMLS: 17195016

    $1,150,000

    Price

  • Nov 18, 2017

    Date

    Active

    CRMLS: 17195016

    $1,150,000

    Price

  • Nov 10, 2017

    Date

    Active Under Contract

    CRMLS: 17195016

    $1,150,000

    Price

  • Oct 31, 2017

    Date

    Pending

    CRMLS: 17195016

    $1,150,000

    Price

  • Oct 17, 2017

    Date

    Active

    CRMLS: 17195016

    $1,150,000

    Price

  • Jul 10, 2017

    Date

    Pending

    CRMLS: 17195016

    $1,150,000

    Price

  • Mar 24, 2017

    Date

    Price Change

    CRMLS: 17195016

    $1,150,000

    Price

  • Jan 20, 2017

    Date

    Active

    CRMLS: 17195016

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    BACK ON THE MARKET! PRICE REDUCED BY $100,000! Bring all offers. We welcome backup offers. A Great Opportunity for Developers! R4 zone! Also a great owner-user property (kindergarten, CPA, skin-care, etc.) Centrally located near the intersection of busy Olympic Blvd. and Normandie Ave. Walking distance to parks, restaurants and shopping centers. DO NOT GO DIRECT..DRIVE BY ONLY..Inspection upon accepted offer. Please email or call LA1 with inquiries and offers.

  • March, 2018

  • Mar 30, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

  • June, 2010

  • Jun 2, 2010

    Date

    Sold (Public Records)

    Public Records

    $290,000

    Price

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Tax History for 1029 S Normandie Ave

Assessed Value (2020): $1,144,440
Year Land Value Improved Value Assessed Value
2020 $853,128 $291,312 $1,144,440

Home Value Compared to the Market

This property vs the competition

1029 S Normandie Ave is listed 4.07% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,888. The median price per/sqft for Los Angeles is $771 and this home is listed at $761.27 per/sqft which puts the price per square foot 1.26% lower than the median price per square foot for the city of Los Angeles.

About 1029 S Normandie Ave

Detailed summary of property

1029 S Normandie Ave is a multi family located in Los Angeles, CA 90006 and is currently for sale. This multi family property offers 3 bedrooms, 3 bathrooms, roughly 1,575 living square feet, and sits on an approximately 5,907 square foot lot. 1029 S Normandie Ave was first listed on ArdentRealEstateGroup.com on March 25, 2024. The homeowner is currently asking $1,199,000 and was originally asking $1,288,800. The median priced home in Los Angeles is $1,249,888 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.07% lower than the median priced home. Local competing homes currently for sale include 1661 S Normandie Ave, 1678 Roosevelt Ave and 2201 Cambridge St. While the average home in Los Angeles, CA is selling in 96 days, 1029 S Normandie Ave has a days on market of 29 days. There are currently 3431 homes for sale in the Los Angeles real estate market and 2328 of them are single family homes while 1008 of them are condos and 90 are townhomes. For more information on this home for sale at 1029 S Normandie Ave Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1029 S Normandie Ave

Public county record property details
Beds
3
Baths
3
Year built
1925
Sq. Ft.
1,575
Lot Size
5,905
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5078-018-007

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$760,000
Median List Price/Sq.Ft.
$611
Median Sold Price
$630,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
34
Median Sale to List Price %
90.13%
Avg Days on Market
180
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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Related Resources to 1029 S Normandie Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.