2622 S Normandie Ave Los Angeles, CA 90007

$1,175,000 Sold Price as of 09/30/2019

6 Beds
4 Baths
4,644 Sq.Ft.

Off Market

$1,175,000 Sold Price as of 09/30/2019 Refinance Your Mortgage

Map preview of 2622 S Normandie Ave, Los Angeles, CA 90007

Property Overview: 2622 S Normandie Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 4,644 living square feet and 7,937 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2622 S Normandie Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2622 S Normandie Ave

Last sold for $1,175,000 on September 30th, 2019

October, 2019
Oct 1, 2019

Date

Sold

CRMLS: 19475604

$1,175,000

Price
Aug 30, 2019

Date

Pending

CRMLS: 19475604

$1,200,000

Price
Jul 7, 2019

Date

Active Under Contract

CRMLS: 19475604

$1,200,000

Price
Jul 1, 2019

Date

Price Change

CRMLS: 19475604

$1,200,000

Price
Jun 8, 2019

Date

Active

CRMLS: 19475604

$1,155,000

Price
Listing provided courtesy of CRMLS

3 out of the 4 Units delivered VACANT!!!! A Great Investment Opportunity 4plex available for sale within the USC Patrol Zone (24/7 365 days) located in the USC student housing area and close proximity to other great neighborhoods for Los Angeles living. Easy access to the fun and lively Koreatown, DTLA, Silverlake, and the new stadium in Inglewood. The subject property is by major roads and the amenities of being so close to the great spots LA has to offer. These units total an amazing space of 4,644 sq. ft. and a Huge lot size of 7,937 providing more than plenty of parking space for residents and guests. Property has gone through mild renovations and has been well-maintained. Perfect for 1031 Exchange or Investment! When do small multifamily properties come delivered mostly vacant at the close of escrow? Gross potential rents are reflective of standard per bedroom rates leveraging the USC student housing income. This will NOT last. Do not miss this opportunity!!

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September, 2019
Sep 30, 2019

Date

Sold (Public Records)

Public Records

$1,175,000

Price
April, 2019
Apr 17, 2019

Date

Sold (Public Records)

Public Records

$225,500

Price
July, 2018
Jul 23, 2018

Date

Canceled

CRMLS: 18342380

$999,998

Price
Jun 13, 2018

Date

Price Change

CRMLS: 18342380

$999,998

Price
Jun 12, 2018

Date

Price Change

CRMLS: 18342380

$1,000,000

Price
May 10, 2018

Date

Active

CRMLS: 18342380

$1,100,000

Price
Listing provided courtesy of CRMLS

Amazing 4 unit is 1.5RD Zoning and very close to USC, K-Town, DTLA, Silver Lake, Echo Park, Hollywood, Hancock Park and Larchmont Village. Building is 4,644 sq. ft. on 7,937 sq. ft. lot with plenty of parking space in the back. The property is well maintained and has so much potential. Perfect for 1031 exchange or investment. This property is in USC Patrol Area (24 hours daily, 7days a week). Close to DTLA, K-town, Silver Lake/Echo Park, Freeways and USC. This property won't last!!!!!

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July, 2018
Jul 1, 2018

Date

Expired

CRMLS: 18317984

$1,050,000

Price
May 3, 2018

Date

Withdrawn

CRMLS: 18317984

$1,050,000

Price
Apr 30, 2018

Date

Price Change

CRMLS: 18317984

$1,050,000

Price
Feb 27, 2018

Date

Active

CRMLS: 18317984

$1,120,000

Price
Listing provided courtesy of CRMLS

This is a great investment opportunity to add value. Building size is 4,644 Sq.Ft on 7,937 Sq.Ft. Can be improved USC student housing or ANB rental unit since it has convinient location with easy access with 10 Freeway.

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Tax History for 2622 S Normandie Ave

Assessed Value (2020): $1,175,000

Year	Land Value	Improved Value	Assessed Value
2020	$900,000	$275,000	$1,175,000

About 2622 S Normandie Ave

Detailed summary of property

2622 S Normandie Ave is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90007 and last sold on September 30, 2019 for $1,175,000. This property has 6 bedrooms, 4 bathrooms, roughly 4,644 living square feet, and sits on an approximately 7,937 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 4.91% higher than the current median priced home. 2622 S Normandie Ave was last sold on September 30, 2019 for $1,175,000. Local nearby listings include 1408 W 35th St, 1460 W 35th St and 1532 W 22nd St. The average home in Los Angeles, CA is selling in 105 days. There are currently 4185 homes for sale in the Los Angeles real estate market and 2867 of them are single family homes while 1195 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 2622 S Normandie Ave Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2622 S Normandie Ave

Public county record property details

Beds: 6
Baths: 4
Year built: 1906
Sq. Ft.: 4,644
Lot Size: 7,937
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 20
APN: 5054-005-017

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,380,000

Median List Price/Sq.Ft.

$550

Median Sold Price

$1,025,000

Median Sold Price/Sq.Ft.

$777

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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(714) 706-1823

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