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1225 S Normandie Ave, Los Angeles, CA 90006
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1225 S Normandie Ave Los Angeles, CA 90006

$1,200,000
  • 7 Beds
  • 4 Baths
  • 2,239 Sq.Ft.
For Sale
$1,200,000 Get Pre-Qualified
Map preview of 1225 S Normandie Ave, Los Angeles, CA 90006

Property Overview: 1225 S Normandie Ave Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,239 living square feet and 5,449 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: IMPECCABLE CONDITION(please note photos). TURN KEY PROPERTY. PRICED $150,000 LESS THAN MARKET VALUE. WILL BE DELIVERED 100% VACANT. Extra income possible with coin laundry. Accepting offers now.

Listed by Max Lee | BRE #01905008 | Real Broker
Last checked: 9 minutes ago | Last updated: June 27th, 2024 | Source CRMLS | DOM: 15
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Home details

Lot Sq. Ft
5,449
HOA Dues
$0/mo
Year built
1895
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24404389
City
Los Angeles
County
Los Angeles
Time on Site
14 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.24
  • Gross Scheduled Income: --
  • Net Operating Income: $68,880
  • Gross Operating Income: $68,880
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1225 S Normandie Ave

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Property Details for 1225 S Normandie Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator
Interior Features
  • Levels: One, Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 3
  • Parcel Number: 5078036006
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: SOUTH OF OLYMPIC BLVD. NORTH OF PICO, WEST OF WESTERN AVE. EAST OF VERMONT AVE.
View more facts & features

Local Los Angeles Agent

Sale History for 1225 S Normandie Ave

Last sold for $900,000 on November 26th, 2019

  • June, 2024

  • Jun 14, 2024

    Date

    Active

    CRMLS: 24404389

    $1,200,000

    Price

  • November, 2019

  • Nov 27, 2019

    Date

    Sold

    CRMLS: 19496682

    $900,000

    Price

  • Oct 2, 2019

    Date

    Active Under Contract

    CRMLS: 19496682

    $900,000

    Price

  • Sep 20, 2019

    Date

    Price Change

    CRMLS: 19496682

    $900,000

    Price

  • Aug 7, 2019

    Date

    Active

    CRMLS: 19496682

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    Dream Realty and Rosano Partners are pleased to present a great income property and future development opportunity in Prime Korea town. Lot size is 5449 sqft lot zoned R4-1VL .All units currently occupied. Front unit is 1007 sqft and back unit was built in 1963 is 1232 sqft. 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.

  • November, 2019

  • Nov 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

  • July, 2019

  • Jul 30, 2019

    Date

    Canceled

    CRMLS: 19462368

    $1,090,000

    Price

  • Jul 11, 2019

    Date

    Price Change

    CRMLS: 19462368

    $1,090,000

    Price

  • May 3, 2019

    Date

    Active

    CRMLS: 19462368

    $1,290,000

    Price

  • Listing provided courtesy of CRMLS

    Huge Price Reduction!! Located in Korea Town, Zoned R-4, Future development. currently 100% occupied. Drive-by only. Don't disturb tenants.

  • April, 2015

  • Apr 15, 2015

    Date

    Expired

    CRMLS: 214014944

    $550,000

    Price

  • Apr 16, 2014

    Date

    Active

    CRMLS: 214014944

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    Great Investment Property or live in main house and rent the other 2 Units out! Terrific Location, Korea Town, Mid-Wilshire Area. Single Family residence 3 bdrms, 1 1/2 baths, and a basement. House has carpet and vinyl flooring throughout, and was built in 1895. This property also includes 2 Units situated behind the main house. Both Units were built in 1963 and are 2 bdrms and 1 bath. Property has been well maintained, with a nice front yard, covered patio, and wrought iron fencing. DRIVE BY ONLY TENANT OCCUPIED.. Subject to inspection and seller reserves all services.

  • October, 2014

  • Oct 27, 2014

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

  • April, 2014

  • Apr 15, 2014

    Date

    Price Change

    CRMLS: 214014800

    $550,000

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 1225 S Normandie Ave

Assessed Value (2020): $900,000
Year Land Value Improved Value Assessed Value
2020 $700,000 $200,000 $900,000

Home Value Compared to the Market

This property vs the competition

1225 S Normandie Ave is listed 2.91% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $535.95 per/sqft which puts the price per square foot 30.84% lower than the median price per square foot for the city of Los Angeles.

About 1225 S Normandie Ave

Detailed summary of property

1225 S Normandie Ave is a multi family located in Los Angeles, CA 90006 and is currently for sale. This multi family property offers 7 bedrooms, 4 bathrooms, roughly 2,239 living square feet, and sits on an approximately 5,449 square foot lot. 1225 S Normandie Ave was first listed on ArdentRealEstateGroup.com on June 15, 2024. The homeowner is currently asking $1,200,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 2.91% lower than the median priced home. Local competing homes currently for sale include 1220 S Hobart Blvd, 1678 Roosevelt Ave and 1662 S Harvard Blvd. While the average home in Los Angeles, CA is selling in 99 days, 1225 S Normandie Ave has a days on market of 15 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1225 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 1225 S Normandie Ave

Public county record property details
Beds
6
Baths
3
Year built
1895
Sq. Ft.
2,239
Lot Size
5,448
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5078-036-006

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.
$598
Median Sold Price
$605,000
Median Sold Price/Sq.Ft.
$596
Total Inventory
43
Median Sale to List Price %
96.18%
Avg Days on Market
22
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (25%)

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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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