426 N Normandie Ave, Los Angeles, CA 90004
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426 N Normandie Ave Los Angeles, CA 90004

$1,200,000
  • 4 Beds
  • 4 Baths
  • 2,584 Sq.Ft.
For Sale
$1,200,000 Get Pre-Qualified

Map preview of 426 N Normandie Ave, Los Angeles, CA 90004

Property Overview: 426 N Normandie Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,584 living square feet and 5,824 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This property offers a prime opportunity for investors to expand their portfolio with a well-located 4-plex in a highly sought-after area. Developers will also find significant potential to maximize the land’s value by constructing a multi-story building, making the most of the high demand for properties in this vibrant location.

Listed by Alex Gallardo | BRE #01139605 | Century 21 Masters
Last checked: 11 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
5,824
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
OC24192158
City
Los Angeles
County
Los Angeles
Time on Site
2 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,160
  • Total Rent: $1,160
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $58,320
  • Net Operating Income: $49,620
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
Annual Expense Breakdown
  • Total Operating Expense: $8,700
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $3,600

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Property Details for 426 N Normandie Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Asphalt
  • Has Fence
  • Chain Link, Good Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Level with Street, Rectangular Lot, Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 4
  • Parcel Number: 5520014014
  • Year Built Source: Public Records
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments, Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: Normandie Ave & Beverly Blvd.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

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Sale History for 426 N Normandie Ave

View property's historical transactions
  • September, 2024

  • Sep 16, 2024

    Date

    Active

    CRMLS: OC24192158

    $1,200,000

    Price

Tax History for 426 N Normandie Ave

Assessed Value (2020): $110,239
Year Land Value Improved Value Assessed Value
2020 $57,009 $53,230 $110,239

Home Value Compared to the Market

This property vs the competition

426 N Normandie Ave is listed 0% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $464.4 per/sqft which puts the price per square foot 39.53% lower than the median price per square foot for the city of Los Angeles.

About 426 N Normandie Ave

Detailed summary of property

426 N Normandie Ave is a fourplex located in Los Angeles, CA 90004 and is currently for sale. This fourplex offers 4 bedrooms, 4 bathrooms, roughly 2,584 living square feet, and sits on an approximately 5,824 square foot lot. 426 N Normandie Ave was first listed on ArdentRealEstateGroup.com on September 16, 2024. The homeowner is currently asking $1,200,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 0% higher than the median priced home. Local competing homes currently for sale include 800 N Hobart Blvd, 4118 W 2nd St and 4938 Maplewood Ave. While the average home in Los Angeles, CA is selling in 106 days, 426 N Normandie Ave has a days on market of 3 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 426 N Normandie Ave 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 426 N Normandie Ave

Public county record property details
Beds
4
Baths
4
Year built
1923
Sq. Ft.
2,584
Lot Size
5,822
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
55
APN
5520-014-014

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
$1,500,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
79
Median Sale to List Price %
95.18%
Avg Days on Market
39
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (22.22%)

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Related Resources to 426 N Normandie Ave

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.