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2926 S Normandie Ave, Los Angeles, CA 90007
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2926 S Normandie Ave Los Angeles, CA 90007

$1,400,000 Sold Price as of 11/24/2021
  • 8 Beds
  • 4 Baths
  • 3,720 Sq.Ft.
Sold
$1,400,000 Sold Price as of 11/24/2021 Refinance Your Mortgage
Map preview of 2926 S Normandie Ave, Los Angeles, CA 90007

Property Overview: 2926 S Normandie Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,720 living square feet and 6,561 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: CAP 5.4%. Renovated 4 units near USC For Sale! Each unit has 2 beds and 1 bath. Laundry in each unit.

Listed by Wonnie Kim | BRE #01873341 | Won Suk Kim Real Estates, Inc.
Last checked: 11 seconds ago | Last updated: July 1st, 2023 | Source CRMLS | DOM: 56

Home details

Lot Sq. Ft
6,561
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
DW21107707
City
Los Angeles
County
Los Angeles
Time on Site
1095 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $99,600
  • Net Operating Income: $75,900
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $23,700
  • New Taxes: $16,000
  • Trash: $1,000
  • Gardener: $1,200
  • Insurance: $1,500
  • Water/Sewer: $4,000

Property Details for 2926 S Normandie Ave

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5054007007
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South Normandie Ave., between West 29th St., and west 30th Street
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 2926 S Normandie Ave

Last sold for $1,400,000 on November 24th, 2021

  • September, 2021

  • Sep 14, 2021

    Date

    Pending

    CRMLS: DW21107707

    $1,450,000

    Price

  • Jul 28, 2021

    Date

    Active

    CRMLS: DW21107707

    $1,450,000

    Price

  • Jun 24, 2021

    Date

    Pending

    CRMLS: DW21107707

    $1,450,000

    Price

  • May 20, 2021

    Date

    Active

    CRMLS: DW21107707

    $1,450,000

    Price

  • August, 2021

  • Aug 18, 2021

    Date

    Active

    CRMLS: DW21161237

    $2,100

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this beautiful home, conveniently located in the heart of Los Angeles. This unit is a 2 bedroom, 1 bathroom, and extra office space. The unit has been remodeled with modern flooring, white shaker kitchen cabinets, appliances, paint, quartz countertops, etc, with washer and dryer hookups in the unit! Conveniently located near USC, easy Fwy access, close by park, school, church, restaurants, banks, and markets. Stop by and see it today.

  • December, 2020

  • Dec 23, 2020

    Date

    Expired

    CRMLS: DW19259804

    $1,350,000

    Price

  • Dec 22, 2020

    Date

    Active

    CRMLS: DW19259804

    $1,350,000

    Price

  • Apr 20, 2020

    Date

    Pending

    CRMLS: DW19259804

    $1,350,000

    Price

  • Feb 26, 2020

    Date

    Active Under Contract

    CRMLS: DW19259804

    $1,350,000

    Price

  • Jan 28, 2020

    Date

    Price Change

    CRMLS: DW19259804

    $1,350,000

    Price

  • Nov 15, 2019

    Date

    Active

    CRMLS: DW19259804

    $1,380,000

    Price

  • Listing provided courtesy of CRMLS

    CAP 5.5%. Remodeled 4 units near USC for sale. 2 bed 1 bath each. Laundry in each unit.

  • June, 2019

  • Jun 17, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2019

  • Apr 16, 2019

    Date

    Canceled

    CRMLS: DW18222225

    $1,400,000

    Price

  • Oct 21, 2018

    Date

    Price Change

    CRMLS: DW18222225

    $1,400,000

    Price

  • Oct 13, 2018

    Date

    Price Change

    CRMLS: DW18222225

    $1,450,000

    Price

  • Sep 12, 2018

    Date

    Active

    CRMLS: DW18222225

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    CAP Rate over 5.7%! GRM 13.5! Fully Remodeled. four-unit apartment located at 2926 South Normandie Avenue. Positioned just one mile from the University of Southern California, three miles from the Staples Center, and LA Live, the property is located on South Normandie Avenue between West 29th Street and West 30th Street. The offering represents a unique buying opportunity to acquire an apartment building with a strong value-addpotential, ideal for owners that are looking for significant returns.This two-story apartment consists of four units totaling 3,720 square feet on a 6,560 square foot parcel. Each unit has it's own Laundry hook up with upgraded thankless water heater, that made this space huge from the original floor plan. The room is divided from the living room with the stylish barn door makes luxurious feeling and efficient. Brand new appliances, It has front and back entrance so you can share rooms without bothering coming in same entrance. not just re-touched but total remodel from the walls to the lines.

  • March, 2018

  • Mar 15, 2018

    Date

    Sold

    CRMLS: 18305198

    $730,000

    Price

  • Feb 19, 2018

    Date

    Active Under Contract

    CRMLS: 18305198

    $725,000

    Price

  • Jan 19, 2018

    Date

    Active

    CRMLS: 18305198

    $725,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer for sale a four-unit apartment located at 2926 South Normandie Avenue. Positioned just one mile from the University of Southern California, three miles from the Staples Center, and LA Live, the property is located on South Normandie Avenue between West 29th Street and West 30th Street. The offering represents a unique buying opportunity to acquire an apartment building with a strong value-addpotential, ideal for owners that are looking for significant returns.This two-story apartment consists of four units totaling 3,720 square feet on a 6,560 square foot parcel. The unit mix is comprised of two one-bedroom units, and two two-bedroom units. Due to its 1913 construction, the property is subject to Los Angeles rent control statutes.The subject property allows an investor to acquire a value-add apartment building in an infill location that has strong upside potential through interior and exterior renovation.Buyer to Verify Unit Configuration

  • March, 2018

  • Mar 9, 2018

    Date

    Sold (Public Records)

    Public Records

    $730,000

    Price

  • August, 2017

  • Aug 31, 2017

    Date

    Canceled

    CRMLS: 17219386

    $699,000

    Price

  • Jul 13, 2017

    Date

    Price Change

    CRMLS: 17219386

    $699,000

    Price

  • May 27, 2017

    Date

    Price Change

    CRMLS: 17219386

    $750,000

    Price

  • Apr 10, 2017

    Date

    Active

    CRMLS: 17219386

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATED IN THE PRIME UNIVERSITY OF SOUTHERN CALIFORNIA, COLISEUM WHICH HOSTS THE NFL'S LOS ANGELES RAMS. EACH UNITS IS AROUND 950 ON A 6,561 LOT PER THE TAX ROLL. 2 OF THE UNITS ARE BEING USED AS 2 BEDROOMS , THE ONE'S HAVE THE SAME SQUARE FEET WHICH CAN BE USED AS A 2ND BEDROOM. VERY CLEAN BUILDING WITH 1 CAR GARAGE FOR EACH TENANT. WASHER/DRYER ON THE PREMISES

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Tax History for 2926 S Normandie Ave

Assessed Value (2020): $759,492
Year Land Value Improved Value Assessed Value
2020 $624,240 $135,252 $759,492

Home Value Compared to the Market

This property vs the competition

2926 S Normandie Ave sold on November 24, 2021 for 21.85% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $389.78 per/sqft which puts the price per square foot 48.37% lower than the current median sale per square foot for the city of Los Angeles.

About 2926 S Normandie Ave

Detailed summary of property

2926 S Normandie Ave is a fourplex that recently sold in Los Angeles, CA 90007. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 3,720 living square feet, and sits on an approximately 6,561 square foot lot. 2926 S Normandie Ave was first listed on ArdentRealEstateGroup.com on May 20, 2021. The homeowner sold the property for $1,400,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 21.85% higher than the current median priced home. Local homes that are currently for sale include 2023 W 28th St, 2012 S La Salle Ave and 1275 W 37th Dr. While the average home in Los Angeles, CA is selling in 92 days, 2926 S Normandie Ave has a days on market of 56 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2926 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 2926 S Normandie Ave

Public county record property details
Beds
4
Baths
4
Year built
1913
Sq. Ft.
3,720
Lot Size
6,561
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5054-007-007

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
$1,198,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
13
Median Sale to List Price %
94.79%
Avg Days on Market
63
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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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