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421 Normandie Pl, Los Angeles, CA 90004
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421 Normandie Pl Los Angeles, CA 90004

$1,625,000 Sold Price as of 03/07/2022
  • 5 Beds
  • 7 Baths
  • 4,612 Sq.Ft.
Sold
$1,625,000 Sold Price as of 03/07/2022 Refinance Your Mortgage
Map preview of 421 Normandie Pl, Los Angeles, CA 90004

Property Overview: 421 Normandie Pl Los Angeles, CA has 5 bedrooms, 7 bathrooms, 4,612 living square feet and 7,214 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic 6 unit building in Prime Koreatown. True 4 cap with upside. Has only been in two families. It is comprised of 3 structures. Front building is a duplex with huge updated 2 bedrooms units with balconies and large front yard. Upper unit has great city view. New plumbing, flooring, kitchens, baths, washer and dryers. They are like homes. Second building is a duplex with a large studio unit and a 1 bedroom unit. The rear structure has 4 garages and above them are 2 studio apartments. Very low expenses as they all have their own electric, gas and hot water heaters. No common area expenses. Only expense is water. This is an easy to manage property and has great tenants. Everyone is paying rent. No delinquincies.

Listed by Alex Galuz | BRE #01291486 | Keller Williams Realty Calabasas
Last checked: 7 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
7,214
HOA Dues
$0/mo
Year built
1926
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
21111549
City
Los Angeles
County
Los Angeles
Time on Site
920 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,195
  • Total Rent: $2,195
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $1,375
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: --
  • Net Operating Income: $66,457
  • Gross Operating Income: $100,057
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 421 Normandie Pl

Interior Features
Cooling Information
  • Has Cooling
  • Heat Pump
Heating Information
  • Has Heating
  • Heat Pump
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Covered
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 6
  • Parcel Number: 5521022020
  • Architectural Style: Colonial
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Beverly and one block west of Normandie Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 421 Normandie Pl

Last sold for $1,625,000 on March 7th, 2022

  • March, 2022

  • Mar 7, 2022

    Date

    Sold

    CRMLS: 21111549

    $1,625,000

    Price

  • Dec 11, 2021

    Date

    Active

    CRMLS: 21111549

    $1,649,000

    Price

  • May, 2015

  • May 12, 2015

    Date

    Price Change

    CRMLS: 15904673

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    Large Six Unit Colonial Style Apartment Building on a R3 lot.3 Structures on a lot. Front structure is a up/ down duplex with huge 2 bedroom units plus dens fit for large families. Middle structure is up down duplex with 1 bedroom units. Rear structure is a 4 car garage with 2 studios above. Individually metered for gas and electric. 40% upside in the rents. New roof, driveway, paint, facia, landscape, plumbing, garage doors, fencing, one unit gut renovated.Great investment or owner user.

  • January, 2015

  • Jan 9, 2015

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

Show More

Tax History for 421 Normandie Pl

Assessed Value (2020): $714,304
Year Land Value Improved Value Assessed Value
2020 $500,014 $214,290 $714,304

Home Value Compared to the Market

This property vs the competition

421 Normandie Pl sold on March 7, 2022 for 45.93% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $357.55 per/sqft which puts the price per square foot 52.58% lower than the current median sale per square foot for the city of Los Angeles.

About 421 Normandie Pl

Detailed summary of property

421 Normandie Pl is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 5 bedrooms, 7 bathrooms, roughly 4,612 living square feet, and sits on an approximately 7,214 square foot lot. 421 Normandie Pl was first listed on ArdentRealEstateGroup.com on December 11, 2021. The homeowner sold the property for $1,625,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 45.93% higher than the current median priced home. Local homes that are currently for sale include 5449 S Virginia Ave, 4332 Lockwood Ave and 542-544 N Windsor Blvd. While the average home in Los Angeles, CA is selling in 98 days, 421 Normandie Pl has a days on market of 37 days. There are currently 3912 homes for sale in the Los Angeles real estate market and 2639 of them are single family homes while 1161 of them are condos and 105 are townhomes. For more information on this home for sale at 421 Normandie Pl Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 421 Normandie Pl

Public county record property details
Beds
8
Baths
6
Year built
1926
Sq. Ft.
4,612
Lot Size
7,213
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
5,14
APN
5521-022-020

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$792
Median Sold Price
$1,075,000
Median Sold Price/Sq.Ft.
$764
Total Inventory
68
Median Sale to List Price %
93.56%
Avg Days on Market
31
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

Thinking of Selling?

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(714) 706-1823

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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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