4140 Normal Ave Los Angeles, CA 90029

$2,400,000 Sold Price as of 02/24/2017

12 Beds
12 Baths
7,148 Sq.Ft.

Off Market

$2,400,000 Sold Price as of 02/24/2017 Refinance Your Mortgage

Map preview of 4140 Normal Ave, Los Angeles, CA 90029

Property Overview: 4140 Normal Ave Los Angeles, CA has 12 bedrooms, 12 bathrooms, 7,148 living square feet and 15,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4140 Normal 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 4140 Normal Ave

Last sold for $2,400,000 on February 24th, 2017

March, 2019
Mar 22, 2019

Date

Canceled

CRMLS: 18414224

$3,850,000

Price
Dec 7, 2018

Date

Active

CRMLS: 18414224

$3,850,000

Price
Listing provided courtesy of CRMLS

Built in 1923, this twelve-unit bungalow style property is located on a large lot totaling 15,501 SF in the Virgil Village neighborhood, on the border of East Hollywood and Silver Lake. The three buildings feature eightbungalow-style one-bedroom units as well as a four-unit structure in the rear of the lot. This offering presents an investor the opportunity to capture the 38% rental upside through renovations when the units turn, as well as being located in the newly established Opportunity Zone.Many of the units have been recently renovated with new bathrooms, kitchens with quartz counter tops and stainless steel appliances, new flooring, and design-friendly lighting. Each unit has a private home feel, including private outdoor space, secure entry, and a landscaped courtyard for tenants to enjoy. All units have dual entrances and all renovated units have their own washer and dryer inside the unit.

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February, 2017
Feb 24, 2017

Date

Sold

CRMLS: 17189384

$2,400,000

Price
Jan 19, 2017

Date

Pending

CRMLS: 17189384

$2,400,000

Price
Jan 13, 2017

Date

Active

CRMLS: 17189384

$2,400,000

Price
Jan 12, 2017

Date

Active Under Contract

CRMLS: 17189384

$2,400,000

Price
Jan 3, 2017

Date

Active

CRMLS: 17189384

$2,400,000

Price
Listing provided courtesy of CRMLS

12-unit apartment building located on the border of Los Angeles's East Hollywood and Silver Lake neighborhoods. This area's popularity hasgrown significantly over the recent years, being named one of the nation's top neighborhoods by Forbes and CNNMoney. Catering to families and hipsters alike, this eclectic enclave boasts some of the nation's most lauded food trucks and restaurants, like Cafecito Organico, farmers' markets, a booming arts scene and one of the largest creative class communities in the country. This area is experiencing a gentrification, including the neighboring parcel entitled for small-lot development plans.

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February, 2017
Feb 24, 2017

Date

Sold (Public Records)

Public Records

$2,400,000

Price
January, 1998
Jan 13, 1998

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 4140 Normal Ave

Assessed Value (2020): $2,546,898

Year	Land Value	Improved Value	Assessed Value
2020	$1,804,053	$742,845	$2,546,898

About 4140 Normal Ave

Detailed summary of property

4140 Normal Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90029 and last sold on February 24, 2017 for $2,400,000. This property has 12 bedrooms, 12 bathrooms, roughly 7,148 living square feet, and sits on an approximately 15,501 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 114.29% higher than the current median priced home. 4140 Normal Ave was last sold on February 24, 2017 for $2,400,000. Local nearby listings include 1149 N New Hampshire Ave, 725 N Heliotrope Dr and 1225 Manzanita St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 4140 Normal Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4140 Normal Ave

Public county record property details

Beds: 12
Baths: 12
Year built: 1923
Sq. Ft.: 7,148
Lot Size: 15,501
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 285,287
APN: 5539-013-032

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,058,000

Median List Price/Sq.Ft.

$705

Median Sold Price

$672,500

Median Sold Price/Sq.Ft.

$724

Total Inventory

Median Sale to List Price %

105.24%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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