2818 S Normandie Ave Los Angeles, CA 90007

$925,000 Sold Price as of 02/14/2018

7 Beds
4 Baths
3,061 Sq.Ft.

Off Market

$925,000 Sold Price as of 02/14/2018 Refinance Your Mortgage

Map preview of 2818 S Normandie Ave, Los Angeles, CA 90007

Property Overview: 2818 S Normandie Ave Los Angeles, CA has 7 bedrooms, 4 bathrooms, 3,061 living square feet and 6,619 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2818 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 2818 S Normandie Ave

Last sold for $925,000 on February 14th, 2018

August, 2024
Aug 26, 2024

Date

Canceled

CRMLS: 24415123

$1,495,000

Price
Jul 15, 2024

Date

Active

CRMLS: 24415123

$1,495,000

Price
Listing provided courtesy of CRMLS

We are pleased to offer the opportunity to acquire this eight (8) Bedroom, turn-key student housing investment, located in the highly desirable DPS Patrol Zone, and close proximity to the University of Southern California (USC).The existing duplex consists of two (2) spacious units, a 5-bedroom + 3-bathroom unit & 3-bedroom + 1-bathroom unit, (each unit is approximately 1,500 SF). The expansive 6,619 SF (LARD1.5) lot allows an investor to further increase cash-flow by constructing two (2) 3-bedroom + 3-bathroom ADU's. The Current income is $9,850/month, a current 6.5% Cap Rate. With the addition of two ADU units, the scheduled gross income will be approximately $18,850/month. The property and all units were recently completely updated & remodeled - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, and tiled showers with glass enclosures. Landlord expenses are significantly minimal as the tenants pay for all water, trash, gas & electricity. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2024-2025 year.

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February, 2018
Feb 16, 2018

Date

Sold

CRMLS: SR17268811

$925,000

Price
Dec 9, 2017

Date

Pending

CRMLS: SR17268811

$900,000

Price
Dec 5, 2017

Date

Active

CRMLS: SR17268811

$900,000

Price
Listing provided courtesy of CRMLS

MUST SEE!!! Beautiful 2 story home in a highly desirable Los Angeles! Features 5BD/3BA, great multi-family household.Property boasts 2,968 sqft & 6,621 lot with a craftsman's style exterior. Feel greeted with gorgeous hardwood flooring, recessed lighting, and large windows that bring in plenty of natural lighting to make this adorable space very welcoming.The master bedroom is on the main level all bathrooms include new tiled flooring, new toilet, new fixtures, lighting, and venting. Other Jack&Jill bathroom (no sinks) connecting Two more bedrooms on the main floor, the remaining 3 bedrooms upstairs with private entry. Both kitchens have been completely updated with brand new stainless steel appliances, quartz counter tops, each with different types of cabinetry. Laundry areas available on 1st & 2nd floor also walk in pantry for extra storage. All spacious rooms, remote controlled fans. A gorgeous deck is available on the second floor, complete with it's own staircase leading to the backyard & detached garage. This property has a fresh paint job inside & out it is truly the perfect home for entertainment Within walking distance to USC and public transportation. This property is conveniently located in a great area of Los Angeles West Adams District.This property is a contributing structure in the Harvard Heights HPOZ, which makes it eligible for participation in the popular Mills Act property tax abatement program. Contact the Los Angeles Office of Historic Resources.

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February, 2018
Feb 14, 2018

Date

Sold (Public Records)

Public Records

$925,000

Price
December, 2017
Dec 5, 2017

Date

Canceled

CRMLS: SR17259834

$900,000

Price
Nov 17, 2017

Date

Active

CRMLS: SR17259834

$900,000

Price
Listing provided courtesy of CRMLS

Beautiful 2 story home in a highly desirable Los Angeles! Features 5BD/3BA, great multi-family household.Property boasts 2,968 sqft & 6,621 lot with a craftsman's style exterior. Feel greeted with gorgeous hardwood flooring, recessed lighting, and large windows that bring in plenty of natural lighting to make this adorable space very welcoming.The master bedroom is on the main level all bathrooms include new tiled flooring, new toilet, new fixtures, lighting, and venting. Other Jack&Jill bathroom (no sinks) connecting Two more bedrooms on the main floor, the remaining 3 bedrooms upstairs with private entry. Both kitchens have been completely updated with brand new stainless steel appliances, quartz counter tops, each with different types of cabinetry. Laundry areas available on 1st & 2nd floor also walk in pantry for extra storage. All spacious rooms, remote controlled fans. A gorgeous deck is available on the second floor, complete with it's own staircase leading to the backyard & detached garage. This property has a fresh paint job inside & out it is truly the perfect home for entertainment Within walking distance to USC and public transportation. This property is conveniently located in a great area of Los Angeles West Adams District.This property is a contributing structure in the Harvard Heights HPOZ, which makes it eligible for participation in the popular Mills Act property tax abatement program. Contact the Los Angeles Office of Historic Resources for further details

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October, 2017
Oct 24, 2017

Date

Canceled

CRMLS: 17234162

$869,000

Price
Jun 20, 2017

Date

Active Under Contract

CRMLS: 17234162

$869,000

Price
Jun 7, 2017

Date

Active

CRMLS: 17234162

$869,000

Price
Listing provided courtesy of CRMLS

This is the perfect home for 2 families or as a rental property for USC College Students. This Craftsman's Home is located within the Los Angeles West Adams District and is truly minutes from USC and is just South of the 10 Freeway. This home is equipped with 2 kitchens and 3 bedrooms each floor. Separate laundry area with walk in pantry on first floor. The home was recently updated with new plumbing, electrical, insulation, drywall, windows, and recessed lighting. Each of the kitchens were completely updated with 2 separate types of cabinetry and upgrades that include Quartz counter tops, and laminate wood flooring. Each of the bedrooms are good sized with laminate wood flooring, 6 panel doors, and new lighting. Each of the bathrooms have also been updated with new tile flooring, new toilets, new fixtures, lighting and venting. The home has fresh interior and exterior paint. Both units will be delivered vacant at COE. Hurry!!!!!!

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December, 2016
Dec 30, 2016

Date

Sold (Public Records)

Public Records

$600,000

Price

Tax History for 2818 S Normandie Ave

Assessed Value (2020): $962,370

Year	Land Value	Improved Value	Assessed Value
2020	$728,280	$234,090	$962,370

About 2818 S Normandie Ave

Detailed summary of property

2818 S Normandie Ave is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90007 and last sold on February 14, 2018 for $925,000. This property has 7 bedrooms, 4 bathrooms, roughly 3,061 living square feet, and sits on an approximately 6,619 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 17.41% lower than the current median priced home. 2818 S Normandie Ave was last sold on February 14, 2018 for $925,000. Local nearby listings include 2500 Juliet St, 1293 W 36th St and 3107 S Harvard Blvd. 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 2818 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 2818 S Normandie Ave

Public county record property details

Beds: 7
Baths: 4
Year built: 1906
Sq. Ft.: 3,061
Lot Size: 6,619
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 10,11
APN: 5054-006-011

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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