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3711 S Normandie Ave, Los Angeles, CA 90007
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3711 S Normandie Ave Los Angeles, CA 90007

$1,585,000 Sold Price as of 03/20/2020
  • 12 Beds
  • 8 Baths
  • -- Sq.Ft.
Sold
$1,585,000 Sold Price as of 03/20/2020 Refinance Your Mortgage
Map preview of 3711 S Normandie Ave, Los Angeles, CA 90007

Property Overview: 3711 S Normandie Ave Los Angeles, CA has 12 bedrooms, 8 bathrooms, -- living square feet and 5,588 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ***More Than 65% Upside in Rental Income ***First Time on the Market in Ten Years ***Large Floorplans Averaging 720 Square Feet ***Minutes from USC ***Densely Populated Pocket with High Rental Demand ***Parking for All Units

Listed by Edward Caballero | BRE #01945899 | Keller Williams Downtown LA
Last checked: 7 minutes ago | Last updated: May 5th, 2022 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
5,588
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20539526
City
Los Angeles
County
Los Angeles
Time on Site
1214 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $900
  • Total Rent: --
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $875
  • Total Rent: --
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $875
  • Total Rent: --
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,120
  • Total Rent: --
Unit Breakdown 5
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,120
  • Total Rent: --
Unit Breakdown 6
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $920
  • Total Rent: --
Unit Breakdown 7
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $930
  • Total Rent: --
Unit Breakdown 8
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 1
  • Actual Rent: $2,000
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.49
  • Gross Scheduled Income: --
  • Net Operating Income: $66,541
  • Gross Operating Income: $104,880
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3711 S Normandie Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 8
  • Parcel Number: 5041028023
Location / Neighborhood
Location Information
  • Directions: Located on Normandie Avenue. In between W Jefferson Boulevard and Exposition Boulevard.
View more facts & features

Local Los Angeles Agent

Sale History for 3711 S Normandie Ave

Last sold for $1,585,000 on March 20th, 2020

  • March, 2020

  • Mar 21, 2020

    Date

    Sold

    CRMLS: 20539526

    $1,585,000

    Price

  • Feb 28, 2020

    Date

    Pending

    CRMLS: 20539526

    $1,625,000

    Price

  • Jan 1, 2020

    Date

    Active

    CRMLS: 20539526

    $1,625,000

    Price

  • March, 2020

  • Mar 20, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,585,000

    Price

  • April, 2004

  • Apr 14, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3711 S Normandie Ave

Assessed Value (2020): $629,035
Year Land Value Improved Value Assessed Value
2020 $397,288 $231,747 $629,035

Home Value Compared to the Market

This property vs the competition

3711 S Normandie Ave sold on March 20, 2020 for 36.55% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 3711 S Normandie Ave

Detailed summary of property

3711 S Normandie Ave is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 12 bedrooms, 8 bathrooms, roughly -- living square feet, and sits on an approximately 5,588 square foot lot. 3711 S Normandie Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,585,000. 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 36.55% higher than the current median priced home. Local homes that are currently for sale include 1459 W 29Th St, 1766 W 25th St and 2085 W 29th Pl. While the average home in Los Angeles, CA is selling in 93 days, 3711 S Normandie Ave has a days on market of 58 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 3711 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 3711 S Normandie Ave

Public county record property details
Beds
11
Baths
8
Year built
1960
Sq. Ft.
5,761
Lot Size
5,588
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5041-028-023

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
$1,199,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
11
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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