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5311 S Normandie Ave, Los Angeles, CA 90037
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5311 S Normandie Ave Los Angeles, CA 90037

$900,000 Sold Price as of 08/14/2020
  • 6 Beds
  • 6 Baths
  • -- Sq.Ft.
Sold
$900,000 Sold Price as of 08/14/2020 Refinance Your Mortgage
Map preview of 5311 S Normandie Ave, Los Angeles, CA 90037

Property Overview: 5311 S Normandie Ave Los Angeles, CA has 6 bedrooms, 6 bathrooms, -- living square feet and 5,387 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 5311 S Normandie Avenue is a 6-unit apartment building in South Los Angeles. One unit will be delivered vacant. The property is comprised entirely of one-bedroom, one-bathroom units and features six surface parking stalls in the back of the building. Located in proximity to the 110 Freeway, this location provides easy access to Downtown Los Angeles as well as the 10 and 105 Freeways. Tenants also benefit from shopping and dining options that line Western Avenue as well proximity to Exposition Park, Vermont Square Park, Wilson Field, LA Memorial Coliseum, and Banc of California Stadium.*Seller financing option: 75% carry for 1 year at 10% interest only.

Listed by David Harrington | BRE #01320460 | Matthews Real Estate Investment Services
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 75

Home details

Lot Sq. Ft
5,387
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20567168
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $904
  • Total Rent: $5,424
  • Pro Forma/Market Rent: $9,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.98
  • Gross Scheduled Income: --
  • Net Operating Income: $35,867
  • Gross Operating Income: $63,139
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5311 S Normandie Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 6
  • Parcel Number: 5003016016
Location / Neighborhood
Location Information
  • Directions: Situated on Normandie Avenue in between W Vernon Avenue and W Slauson Avenue.
View more facts & features

Local Los Angeles Agent

Sale History for 5311 S Normandie Ave

Last sold for $900,000 on August 14th, 2020

  • August, 2020

  • Aug 18, 2020

    Date

    Sold

    CRMLS: 20567168

    $900,000

    Price

  • Jun 11, 2020

    Date

    Pending

    CRMLS: 20567168

    $975,000

    Price

  • Mar 27, 2020

    Date

    Active

    CRMLS: 20567168

    $975,000

    Price

  • August, 2020

  • Aug 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

  • February, 2020

  • Feb 15, 2020

    Date

    Sold

    CRMLS: RS20007761

    $850,000

    Price

  • Jan 12, 2020

    Date

    Active

    CRMLS: RS20007761

    $815,000

    Price

  • Listing provided courtesy of CRMLS

    Well maintained multi-unit for sale in the heart of Los Angeles' Chesterfield Square. The property features a surrounding steel security gate enclosing the property for added security and privacy; 4 parking spaces; each unit is 1 bedroom 1 bath each; tenant occupied; each unit has own gas and electric meters-owners only pay for water, trash and the gardener.

  • February, 2020

  • Feb 15, 2020

    Date

    Sold

    CRMLS: RS20007776

    $850,000

    Price

  • Jan 15, 2020

    Date

    Pending

    CRMLS: RS20007776

    $815,000

    Price

  • Jan 12, 2020

    Date

    Active

    CRMLS: RS20007776

    $815,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2020

  • Feb 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

  • January, 2020

  • Jan 12, 2020

    Date

    Canceled

    CRMLS: RS19266788

    $815,000

    Price

  • Jan 10, 2020

    Date

    Price Change

    CRMLS: RS19266788

    $815,000

    Price

  • Jan 7, 2020

    Date

    Active

    CRMLS: RS19266788

    $995,000

    Price

  • Dec 16, 2019

    Date

    Pending

    CRMLS: RS19266788

    $995,000

    Price

  • Dec 11, 2019

    Date

    Price Change

    CRMLS: RS19266788

    $995,000

    Price

  • Nov 18, 2019

    Date

    Active

    CRMLS: RS19266788

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Multi-unit for sale in the heart of Los Angeles: 6 units 1 bedroom 1 bath each. Each unit has own gas and electric meters, owner pays trash/water. Property is fully occupied, please do not disturb occupants. **Subject to cancellation of current escrow**

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Tax History for 5311 S Normandie Ave

Assessed Value (2020): $311,194
Year Land Value Improved Value Assessed Value
2020 $185,395 $125,799 $311,194

Home Value Compared to the Market

This property vs the competition

5311 S Normandie Ave sold on August 14, 2020 for 12.95% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 5311 S Normandie Ave

Detailed summary of property

5311 S Normandie Ave is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 6 bedrooms, 6 bathrooms, roughly -- living square feet, and sits on an approximately 5,387 square foot lot. 5311 S Normandie Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $900,000. 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 12.95% lower than the current median priced home. Local homes that are currently for sale include 916 W 53rd W St, 1732 W 51st St and 860 W 54th St. While the average home in Los Angeles, CA is selling in 106 days, 5311 S Normandie Ave has a days on market of 75 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 5311 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 5311 S Normandie Ave

Public county record property details
Beds
6
Baths
6
Year built
--
Sq. Ft.
3,312
Lot Size
5,386
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
31
APN
5003-016-016

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%)

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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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