1801 N Normandie Ave, Los Angeles, CA 90027
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1801 N Normandie Ave Los Angeles, CA 90027

$2,550,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$2,550,000 Get Pre-Qualified

Map preview of 1801 N Normandie Ave, Los Angeles, CA 90027

Property Overview: 1801 N Normandie Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 11,393 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: We are pleased to present a large 11,389 square foot (SF) lot located at 1801 North Normandie Avenue in Los Feliz, California. The property is situated in between Hollywood Boulevard to the south and Franklin Avenue to the north. This offering is positioned on one (1) parcel totaling 11,389 square feet (SF) of land with a zoning ordinance of LAR3. This allows for fourteen units (14) units by-right. Additionally, this offering is granted ED1 eligibility, a recently passed program that allows an expedited process to 100% affordable developments. If used in conjunction with the State Density Bonus code 65915-65918, an ED1 project would have no maximum density, an allowance of three (3) additional stories and thirty-three (33) additional feet in height, and no parking requirement due to AB 2097. Five (5) additional concessions or incentives are granted under the State Density Bonus program. There is potential to stack these incentives with other programs such as TOC or the Los Angeles Density Bonus program, Buyer to verify. 1801 North Normandie currently has 5 units which offers a developer some income as they go through entitlements. The subject property is located in one of the best neighborhoods Los Angeles has to offer with quick access to the Hollywood Walk of Fame, Los Feliz Village, and Barnsdall Art Park. Tenants will enjoy having easy access to the -101 freeway and Hollywood Boulevard. Positioned in a prime Los Feliz location, this offering presents an excellent opportunity for an astute developer to capitalize on maximizing density and income with ED1 in a core market of Los Angeles.

Listed by Jason Tuvia | BRE #01772495 | Marcus & Millichap
Last checked: 7 minutes ago | Last updated: May 16th, 2024 | Source CRMLS | DOM: 68
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Home details

Lot Sq. Ft
11,393
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
24389425
City
Los Angeles
County
Los Angeles
Time on Site
71 days

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Property Details for 1801 N Normandie Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Rectangular Lot, Value In Land
Property Information
  • Has View
  • View: City Lights, Hills, Landmark
  • Parcel Number: 5544012010
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: The property is situated in between Hollywood Boulevard to the south and Franklin Avenue to the north.
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Sale History for 1801 N Normandie Ave

Last sold for $272,000 on March 31st, 2000
  • May, 2024

  • May 8, 2024

    Date

    Active

    CRMLS: 24389425

    $2,550,000

    Price

  • March, 2000

  • Mar 31, 2000

    Date

    Sold (Public Records)

    Public Records

    $272,000

    Price

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Tax History for 1801 N Normandie Ave

Assessed Value (2020): $382,243
Year Land Value Improved Value Assessed Value
2020 $281,069 $101,174 $382,243

Home Value Compared to the Market

This property vs the competition

1801 N Normandie Ave is listed 112.5% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000.

About 1801 N Normandie Ave

Detailed summary of property

1801 N Normandie Ave is a land located in Los Angeles, CA 90027 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 11,393 square foot lot. 1801 N Normandie Ave was first listed on ArdentRealEstateGroup.com on May 8, 2024. The homeowner is currently asking $2,550,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 112.5% higher than the median priced home. Local competing homes currently for sale include 900 N Alvarado St, 958 S Grand View St and 3593 Multiview Dr. While the average home in Los Angeles, CA is selling in 101 days, 1801 N Normandie Ave has a days on market of 68 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 1801 N Normandie Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1801 N Normandie Ave

Public county record property details
Beds
9
Baths
5
Year built
1917
Sq. Ft.
5,328
Lot Size
11,389
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
28
APN
5544-012-010

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,299,000
Median List Price/Sq.Ft.
$915
Median Sold Price
$2,050,000
Median Sold Price/Sq.Ft.
$913
Total Inventory
83
Median Sale to List Price %
107.95%
Avg Days on Market
31
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (15.38%), Other (15.38%)

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Related Resources to 1801 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.