112 N Normandie Ave, Los Angeles, CA 90004
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112 N Normandie Ave Los Angeles, CA 90004

$2,539,600 Sold Price as of 09/01/2021
  • 8 Beds
  • 12 Baths
  • 8,900 Sq.Ft.
Sold
$2,539,600 Sold Price as of 09/01/2021 Refinance Your Mortgage

Map preview of 112 N Normandie Ave, Los Angeles, CA 90004

Property Overview: 112 N Normandie Ave Los Angeles, CA has 8 bedrooms, 12 bathrooms, 8,900 living square feet and 8,050 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present The Normandie Residences. 112 N Normandie Ave is located in the Koreatown/Wilshire Center submarket, and is within close proximity to Metro Station Normandie/2nd St, and the 101 Freeway. The subject property provides easy access to many world renown Los Angeles area landmarks, shops, restaurants and various entertainment & sports venue destinations. It is also strategically located very near many key Los Angeles employment centers, allowing its residents an easy commute to & from Koreatown, Mid-Wilshire, Los Feliz, Hollywood & Downtown Los Angeles. Koreatown is known for its vibrant culture and easily accessible nightlife, making it a great place for residents to live.

Listed by Glenn Brander | BRE #01020228 | Miller & Desatnik Realty Co.
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 79

Home details

Lot Sq. Ft
8,050
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21728026
City
Los Angeles
County
Los Angeles
Time on Site
1149 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,379
  • Total Rent: $1,379
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,274
  • Total Rent: $1,274
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,290
  • Total Rent: $1,290
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $757
  • Total Rent: $757
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,434
  • Total Rent: $1,434
  • Pro Forma/Market Rent: $1,434
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $1,375
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $619
  • Total Rent: $619
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,675
  • Total Rent: $1,675
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $657
  • Total Rent: $657
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 11
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $653
  • Total Rent: $653
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 12
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $603
  • Total Rent: $603
  • Pro Forma/Market Rent: $1,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.84
  • Gross Scheduled Income: --
  • Net Operating Income: $84,947
  • Gross Operating Income: $156,820
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 112 N Normandie Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 12
  • Parcel Number: 5518005006
Location / Neighborhood
Location Information
  • Directions: South of Beverly Blvd, East of Western Ave
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Sale History for 112 N Normandie Ave

Last sold for $2,539,600 on September 1st, 2021
  • September, 2021

  • Sep 3, 2021

    Date

    Sold

    CRMLS: 21728026

    $2,539,600

    Price

  • Jul 27, 2021

    Date

    Pending

    CRMLS: 21728026

    $2,695,000

    Price

  • May 5, 2021

    Date

    Active

    CRMLS: 21728026

    $2,695,000

    Price

  • August, 2012

  • Aug 17, 2012

    Date

    Sold (Public Records)

    Public Records

    $1,223,012

    Price

  • April, 2008

  • Apr 17, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 112 N Normandie Ave

Assessed Value (2020): $1,377,952
Year Land Value Improved Value Assessed Value
2020 $788,186 $589,766 $1,377,952

Home Value Compared to the Market

This property vs the competition

112 N Normandie Ave sold on September 1, 2021 for 111.54% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $302.81 per/sqft which puts the price per square foot 61.72% lower than the current median sale per square foot for the city of Los Angeles.

About 112 N Normandie Ave

Detailed summary of property

112 N Normandie Ave is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 8 bedrooms, 12 bathrooms, roughly 8,900 living square feet, and sits on an approximately 8,050 square foot lot. 112 N Normandie Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $2,539,600. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 111.54% higher than the current median priced home. Local homes that are currently for sale include 4520 Willow Brook Ave, 3106 San Marino St and 838 S Gramercy Pl. While the average home in Los Angeles, CA is selling in 100 days, 112 N Normandie Ave has a days on market of 79 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 112 N Normandie Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 112 N Normandie Ave

Public county record property details
Beds
8
Baths
12
Year built
1950
Sq. Ft.
8,900
Lot Size
8,049
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
D
APN
5518-005-006

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$764
Median Sold Price
$2,215,000
Median Sold Price/Sq.Ft.
$919
Total Inventory
68
Median Sale to List Price %
110.81%
Avg Days on Market
24
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Related Resources to 112 N 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.