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11421 S Normandie Ave, Los Angeles, CA 90044
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11421 S Normandie Ave Los Angeles, CA 90044

$1,750,000 Sold Price as of 03/15/2021
  • 10 Beds
  • 9 Baths
  • 6,420 Sq.Ft.
Sold
$1,750,000 Sold Price as of 03/15/2021 Refinance Your Mortgage
Map preview of 11421 S Normandie Ave, Los Angeles, CA 90044

Property Overview: 11421 S Normandie Ave Los Angeles, CA has 10 bedrooms, 9 bathrooms, 6,420 living square feet and 12,808 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention Serious Investors, Investment Contractors and Those in Need of a Replacement Property. Well maintained, secured,10 Unit Multi Family 6420 sqft 2 story Building, comprised of 8-1bd/1ba Units and 2-3bd/2ba Units; 12,737 sqft lot, privacy-secure and gated, includes 10 car space covered parking structure with an attached laundry facility capacity. Located, just South of Imperial Hwy on So. Normandie Ave.; approximately 1.2 mi West of 110 Fwy, 0.2 mi. North of 105 Fwy; easy access to freeway connections to all areas of Los Angeles and nearby cities. Close to transportation (bus and train), shopping centers, schools, quick service restaurants and religious organizations. In the heart of on-going development. Excellent investment opportunities in this density bonus plus community of Los Angeles County's South West Athens area. Zoned LCCHYY. Sold "As Is." Buyer's responsibility for due diligence/verification. Please Do Not Disturb Tenants or walk the property. Appointment Only

Listed by Kathy M. Ussery | BRE #01195184 | AMFAC Real Estate Group
Last checked: 4 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
12,808
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20672364
City
Los Angeles
County
Los Angeles
Time on Site
1244 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,030
  • Total Rent: $2,060
  • Pro Forma/Market Rent: $2,060
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $2,080
  • Pro Forma/Market Rent: $2,080
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,004
  • Total Rent: $1,004
  • Pro Forma/Market Rent: $1,004
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,076
  • Total Rent: $1,076
  • Pro Forma/Market Rent: $1,076
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,055
  • Total Rent: $1,055
  • Pro Forma/Market Rent: $1,055
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0.29
  • Gross Scheduled Income: --
  • Net Operating Income: $76,991
  • Gross Operating Income: $31,621
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 11421 S Normandie Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Interior Features
  • Levels: Two
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Window Bars
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned, Covered
Property Information
  • Total # of Units: 10
  • Parcel Number: 6079003019
  • Architectural Style: See Remarks
  • Property Condition: Repairs Cosmetic
Location / Neighborhood
Location Information
  • Other Subdivision Name: R W Poindexters Subdivision
  • Directions: Just South of Imperial Hwy on Normandie Avenue; Approximately 1.2 miles West of the 110 Freeway and 0.2 miles North of the Century Freeway.
View more facts & features

Local Los Angeles Agent

Sale History for 11421 S Normandie Ave

Last sold for $1,750,000 on March 15th, 2021

  • March, 2021

  • Mar 16, 2021

    Date

    Sold

    CRMLS: 20672364

    $1,750,000

    Price

  • Jan 22, 2021

    Date

    Active Under Contract

    CRMLS: 20672364

    $1,950,000

    Price

  • Jan 8, 2021

    Date

    Active

    CRMLS: 20672364

    $1,950,000

    Price

  • December, 2020

  • Dec 4, 2020

    Date

    Active

    CRMLS: 20669194

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

    Attention Serious Investors, Investment Contractors and Those in Need of a Replacement Property, dont miss out on this excellent opportunity in the density bonus plus community of Los Angeles Countys South West Athens area. This well maintained 12,737 sqft lot property is improved by a 6,420 sqft 2 story, 10 Unit Building comprised of 8 -1 Bedroom/1 Bath Units and 2- 3 Bedroom/2 Bath Units, and includes covered parking. Easy access to transportation, shopping, schools and religious organizations; this property is conveniently located West of the 110 Freeway and North of the 105 Freeway, and is easily accessible to all areas of Los Angeles and surrounding Counties. The Property, in the heart of ongoing development, offers extensive investment opportunities, may be eligible for participation in Los Angeles County's density bonus ordinance. Buyer responsibility for verifying zoning and regulations. Please Do Not Disturb Tenants or walk the property. Appointment Only .

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Tax History for 11421 S Normandie Ave

Assessed Value (2020): $634,274
Year Land Value Improved Value Assessed Value
2020 $543,949 $90,325 $634,274

Home Value Compared to the Market

This property vs the competition

11421 S Normandie Ave sold on March 15, 2021 for 72.57% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $303.74 per/sqft which puts the price per square foot 59.72% lower than the current median sale per square foot for the city of Los Angeles.

About 11421 S Normandie Ave

Detailed summary of property

11421 S Normandie Ave is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 10 bedrooms, 9 bathrooms, roughly 6,420 living square feet, and sits on an approximately 12,808 square foot lot. 11421 S Normandie Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,750,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 72.57% higher than the current median priced home. Local homes that are currently for sale include 6607 Brynhurst Ave, 240 E 60th St and 438 E 56th St. While the average home in Los Angeles, CA is selling in 97 days, 11421 S Normandie Ave has a days on market of 8 days. There are currently 3891 homes for sale in the Los Angeles real estate market and 2627 of them are single family homes while 1154 of them are condos and 103 are townhomes. For more information on this home for sale at 11421 S Normandie Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11421 S Normandie Ave

Public county record property details
Beds
14
Baths
12
Year built
1961
Sq. Ft.
6,420
Lot Size
12,807
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
6079-003-019

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,500
Median List Price/Sq.Ft.
$521
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
81
Median Sale to List Price %
104.62%
Avg Days on Market
30
Loan Type
Conventional (12.5%), FHA (41.67%), VA (0%), Cash (16.67%), Other (4.17%)

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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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