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1123 S Normandie Ave, Los Angeles, CA 90006
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1123 S Normandie Ave Los Angeles, CA 90006

$2,000,000 Sold Price as of 09/10/2021
  • 0 Beds
  • 0 Baths
  • 3,816 Sq.Ft.
Sold
$2,000,000 Sold Price as of 09/10/2021 Refinance Your Mortgage
Map preview of 1123 S Normandie Ave, Los Angeles, CA 90006

Property Overview: 1123 S Normandie Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 3,816 living square feet and 11,812 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DEVELOPMENT OPPORTUNITY: Build 40+ units on a double lot just shy of 12,000 sqft. Zoned R4 with the opportunity to utilize the Tier 2 Transit Oriented Community (TOC) incentive which allows the bonus density to build extra units. Currently all units are vacant. Sold "AS-IS" in present condition.

Listed by STANLEY KIM | BRE #01384688 | NEW LEGACY
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 143

Home details

Lot Sq. Ft
11,812
HOA Dues
$0/mo
Year built
1908
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV21040407
City
Los Angeles
County
Los Angeles
Time on Site
1172 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 4
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1123 S Normandie Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Tear Down
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5078019028
  • Year Built Source: Other
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: On Normandie between 11th and 12th St
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1123 S Normandie Ave

Last sold for $2,000,000 on September 10th, 2021

  • September, 2021

  • Sep 13, 2021

    Date

    Sold

    CRMLS: CV21040407

    $2,000,000

    Price

  • Jul 23, 2021

    Date

    Pending

    CRMLS: CV21040407

    $2,200,000

    Price

  • Mar 2, 2021

    Date

    Active

    CRMLS: CV21040407

    $2,200,000

    Price

  • January, 2021

  • Jan 7, 2021

    Date

    Canceled

    CRMLS: 20616870

    $2,100,000

    Price

  • Oct 8, 2020

    Date

    Price Change

    CRMLS: 20616870

    $2,100,000

    Price

  • Aug 11, 2020

    Date

    Active

    CRMLS: 20616870

    $2,200,000

    Price

  • Listing provided courtesy of CRMLS

    Rosano Partners are pleased to present a great development opportunity up to 40+ units with adjacent 2 lots zoned R4-1VL with TOC Tier2, total lot size 11,813 sqft in Prime Korea Town. There are 1123 Normandie Ave (Duplex, all unit vacant , APN 5078-019-006), 1127 Normandie Ave (Triplex, all 3units vacant , APN 5078-019-007 ) . Sold 'As-Is' in present condition. Buyer has to verify all information.

  • July, 2020

  • Jul 28, 2020

    Date

    Canceled

    CRMLS: 19496664

    $2,100,000

    Price

  • Jan 7, 2020

    Date

    Price Change

    CRMLS: 19496664

    $2,100,000

    Price

  • Oct 29, 2019

    Date

    Price Change

    CRMLS: 19496664

    $2,200,000

    Price

  • Aug 7, 2019

    Date

    Active

    CRMLS: 19496664

    $2,490,000

    Price

  • Listing provided courtesy of CRMLS

    Big Price Reduction!! Dream Realty and Rosano Partners are pleased to present a great development opportunity up to 40+ units with adjacent 2 lots zoned R4-1VL with TOC Tier2, total lot size 11813 sqft in Prime Korea Town.There are 1123 Normandie Ave (Duplex, APN 5078-019-006), 1127 Normandie Ave (Triplex, APN 5078-019-007 ) .Sold 'As-Is' in present condition. Buyer has to verify all information including but not limit through county record and personal inspection with appropriate professionals or etc.

  • July, 2019

  • Jul 30, 2019

    Date

    Canceled

    CRMLS: 18362100

    $1,300,000

    Price

  • Apr 25, 2019

    Date

    Price Change

    CRMLS: 18362100

    $1,300,000

    Price

  • Nov 6, 2018

    Date

    Price Change

    CRMLS: 18362100

    $1,350,000

    Price

  • Jul 7, 2018

    Date

    Active

    CRMLS: 18362100

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

    Huge price reduction. Located in the heart of Koreatown with LAR4 zone. Developer's dream Property is 100% vacant.. Build 40+U Apt (Tier 2). This property subject to sell together with 1127 S. Normandie Ave. Property is sold in As Is and Where Is condition.

  • February, 2017

  • Feb 17, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,075,000

    Price

  • May, 2016

  • May 5, 2016

    Date

    Sold (Public Records)

    Public Records

    $865,000

    Price

Show More

Tax History for 1123 S Normandie Ave

Assessed Value (2020): $2,281,597
Year Land Value Improved Value Assessed Value
2020 $1,594,465 $687,132 $2,281,597

Home Value Compared to the Market

This property vs the competition

1123 S Normandie Ave sold on September 10, 2021 for 84.87% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $576.52 per/sqft which puts the price per square foot 23.64% lower than the current median sale per square foot for the city of Los Angeles.

About 1123 S Normandie Ave

Detailed summary of property

1123 S Normandie Ave is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered -- bedrooms, -- bathrooms, roughly 3,816 living square feet, and sits on an approximately 11,812 square foot lot. 1123 S Normandie Ave was first listed on ArdentRealEstateGroup.com on March 2, 2021. The homeowner sold the property for $2,000,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 84.87% higher than the current median priced home. Local homes that are currently for sale include 1041 Elden Ave, 947 S St Andrews Pl and 1215 Elden Ave. While the average home in Los Angeles, CA is selling in 94 days, 1123 S Normandie Ave has a days on market of 143 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1123 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 1123 S Normandie Ave

Public county record property details
Beds
6
Baths
5
Year built
1908
Sq. Ft.
3,816
Lot Size
--
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6,7
APN
5078-019-028

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
$799,000
Median List Price/Sq.Ft.
$602
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
38
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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.

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