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4921 S Normandie Ave, Los Angeles, CA 90037
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4921 S Normandie Ave Los Angeles, CA 90037

$2,085,000 Sold Price as of 07/21/2021
  • 18 Beds
  • 17 Baths
  • 6,770 Sq.Ft.
Sold
$2,085,000 Sold Price as of 07/21/2021 Refinance Your Mortgage
Map preview of 4921 S Normandie Ave, Los Angeles, CA 90037

Property Overview: 4921 S Normandie Ave Los Angeles, CA has 18 bedrooms, 17 bathrooms, 6,770 living square feet and 5,401 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: THIS IS THE ONE YOU'VE BEEN WAITING FOR: NEW CONSTRUCTION 4-unit property, two separate building- LOT SIZE: 6506 and total living Sqft 6670 not including the garages. This amazing investment opportunity offers a realistic CAP rate of approximately 6%. Great for large multi-generational families and or co-adult living as each bedroom is functional master bedroom with its own private bathroom. Beautiful modern look, beautiful custom kitchen cabinets throughout with beautiful quartz counter tops in each unit. Oversized bedrooms with high ceilings, AC & HVAC system in all units, tank less water heaters, laundry area with stackable hook-ups. Property is separately metered for electric, gas AND water. Prime location, no rent control, 1-year builders fit and finish warranty. Property is centrally located which means tenants will be plentiful and the location is unmatched: walking, biking, & driving distance to LA Coliseum, LAFC Soccer Stadium-The Fields, USC Village-Trader Joe's, Natural History Museums including the coming soon Lucas Museum Center, freeways & short commute to DTLA-LA Live, Baldwin Hills and metro link station on Exposition Blvd.

Listed by XIO SANDOVAL | BRE #01308913 | CENTURY 21 REALTY MASTERS
Last checked: 5 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,401
HOA Dues
$0/mo
Year built
2021
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
MB21270034
City
Los Angeles
County
Los Angeles
Time on Site
995 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: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 5
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 5
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $14,200
  • Net Operating Income: $12,700
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,500
  • Trash: $0
  • Insurance: $1,500

Property Details for 4921 S Normandie Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Upper Level, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Direct Garage Access, Garage Faces Rear
Lot Information
  • Lot Features: Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5016030026
  • Year Built Source: Builder
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Between Western and 48th Street
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 4921 S Normandie Ave

Last sold for $2,085,000 on July 21st, 2021

  • December, 2021

  • Dec 29, 2021

    Date

    Active

    CRMLS: MB21270034

    $2,100,000

    Price

  • Jul 21, 2021

    Date

    Sold

    CRMLS: MB21270034

    $2,085,000

    Price

  • March, 2020

  • Mar 16, 2020

    Date

    Sold

    CRMLS: 19530982

    $560,000

    Price

  • Feb 13, 2020

    Date

    Pending

    CRMLS: 19530982

    $597,500

    Price

  • Feb 6, 2020

    Date

    Active

    CRMLS: 19530982

    $597,500

    Price

  • Jan 27, 2020

    Date

    Hold

    CRMLS: 19530982

    $597,500

    Price

  • Jan 26, 2020

    Date

    Active

    CRMLS: 19530982

    $597,500

    Price

  • Jan 17, 2020

    Date

    Hold

    CRMLS: 19530982

    $597,500

    Price

  • Nov 23, 2019

    Date

    Active

    CRMLS: 19530982

    $597,500

    Price

  • Listing provided courtesy of CRMLS

    Classic Craftsman home located in South Los Angeles, just a couple of miles south of the Coliseum, USC and Exposition Park. This home features three bedrooms plus a den which could be used as a fourth bedroom, library or a family room. Most of the origiinal architectural features have been preserved which accentuate the character of the home. The kitchen has newer shaker cabinets, tiled flooring and granite counter tops. Both bathrooms have been updated as well. This home has tremendous upside potential as it can be split into a duplex or redeveloped altogether. According to the building and planning department, up to 14 units can be built by right. And with the TOC Tier 1 designation, up to 23 units. Buyer and Buyer's agent to verify with the City and rely on their own findings. Another option would be to add an ADU at the rear of the lot. Unlimited potential with this property. Please do not walk on property or disturb occupants in any way.

  • March, 2020

  • Mar 6, 2020

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

  • February, 2018

  • Feb 11, 2018

    Date

    Expired

    CRMLS: 17287974

    $579,000

    Price

  • Dec 7, 2017

    Date

    Withdrawn

    CRMLS: 17287974

    $579,000

    Price

  • Nov 9, 2017

    Date

    Active

    CRMLS: 17287974

    $579,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful Craftsman home located in South Los Angeles just a couple of miles south of the Coliseum, USC and Exposition Park. This home features three bedrooms plus a den which could be used as a family room, a fourth bedroom or a library. Most of the old architectural features have been preserved which accentuate the character of the home. The kitchen has been updated with new shaker cabinets and beautiful counter-tops. The flooring is laminate and tile throughout and both bathrooms have new tiled showers, new vanities, new toilets, new medicine cabinets and new light fixtures which feature blue-tooth connections. There is a laundry room which has new cabinets and the layout provides a separate entrance to the rear bedroom and bathroom, perfect for the in-law or adult student in the family. There is ample cabinet space throughout the home and bench seating in the dining room. A great value for a family looking to move to a rapidly improving area. No sign on the property.

  • April, 2017

  • Apr 6, 2017

    Date

    Sold (Public Records)

    Public Records

    $325,000

    Price

Show More

Tax History for 4921 S Normandie Ave

Assessed Value (2020): $344,892
Year Land Value Improved Value Assessed Value
2020 $265,302 $79,590 $344,892

Home Value Compared to the Market

This property vs the competition

4921 S Normandie Ave sold on July 21, 2021 for 87.5% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $310.19 per/sqft which puts the price per square foot 57.16% lower than the current median sale per square foot for the city of Los Angeles.

About 4921 S Normandie Ave

Detailed summary of property

4921 S Normandie Ave is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 18 bedrooms, 17 bathrooms, roughly 6,770 living square feet, and sits on an approximately 5,401 square foot lot. 4921 S Normandie Ave was first listed on ArdentRealEstateGroup.com on December 30, 2021. The homeowner sold the property for $2,085,000. Home 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 87.5% higher than the current median priced home. Local homes that are currently for sale include 4265 Garthwaite Ave, 3005 Normandie Ave and 1460 W 28th St. 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 4921 S Normandie Ave Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4921 S Normandie Ave

Public county record property details
Beds
3
Baths
2
Year built
1911
Sq. Ft.
1,560
Lot Size
5,401
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5016-030-026

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$688,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$626,228
Median Sold Price/Sq.Ft.
$437
Total Inventory
36
Median Sale to List Price %
125.5%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 4921 S Normandie Ave

4901 S Normandie Ave, Los Angeles, CA 90037
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4901 S Normandie Ave
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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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