5900 S Normandie Ave Los Angeles, CA 90044

$600,000 Sold Price as of 12/05/2017

3 Beds
2 Baths
2,855 Sq.Ft.

Off Market

$600,000 Sold Price as of 12/05/2017 Refinance Your Mortgage

Map preview of 5900 S Normandie Ave, Los Angeles, CA 90044

Property Overview: 5900 S Normandie Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 2,855 living square feet and 3,552 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5900 S Normandie 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 $1,235,000. The median price per/sqft for Los Angeles is $774. 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 $247,000 for the down payment and will need roughly $24,700 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 $59,500. 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 5900 S Normandie Ave

Last sold for $600,000 on December 5th, 2017

March, 2024
Mar 20, 2024

Date

Canceled

CRMLS: SB23227187

$1,099,000

Price
Feb 12, 2024

Date

Active

CRMLS: SB23227187

$1,295,000

Price
Listing provided courtesy of CRMLS

5900 S Normandie: Prime Investment Property. This property, situated at the high-traffic corner of South Normandie Avenue and West 59th Street, is a standout investment opportunity, featuring a walk-out restaurant and a retail space, both currently under successful leases. Leased Restaurant Space: Fully operational walk-out restaurant with an existing lease, providing immediate income. Thriving Retail Market: The adjacent retail unit is currently a successful market, also under lease, contributing to the property’s steady income stream. Residential Unit: The property includes a two-bedroom, two-bathroom apartment, offering additional leasing income or owner occupancy potential. Strategic Location: Positioned at a busy intersection, ensuring high visibility and constant foot traffic to commercial tenants. Solid Investment: With both commercial units occupied by thriving businesses and a desirable residential space, this property presents a secure, lucrative investment opportunity. A perfect option for investors seeking a property with established tenants in a vibrant neighborhood. Contact for investment details or to arrange a viewing.

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March, 2024
Mar 20, 2024

Date

Canceled

CRMLS: SB24030288

$1,099,000

Price
Feb 14, 2024

Date

Active

CRMLS: SB24030288

$1,295,000

Price
Listing provided courtesy of CRMLS

Situated at the high-traffic corner of South Normandie Avenue and West 59th Street, is a standout investment opportunity, featuring a walk-out restaurant and a retail space, both currently under successful leases. Leased Restaurant Space: Fully operational walk-out restaurant with an existing lease, providing immediate income. Thriving Retail Market: The adjacent retail unit is currently a successful market, also under lease, contributing to the property’s steady income stream. Residential Unit: The property includes a two-bedroom, two-bathroom apartment, offering additional leasing income or owner occupancy potential. Strategic Location: Positioned at a busy intersection, ensuring high visibility and constant foot traffic to commercial tenants. Solid Investment: With both commercial units occupied by thriving businesses and a desirable residential space, this property presents a secure, lucrative investment opportunity. A perfect option for investors seeking a property with established tenants in a vibrant neighborhood. Contact for investment details or to arrange a viewing.

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December, 2017
Dec 5, 2017

Date

Sold (Public Records)

Public Records

$600,000

Price
May, 2010
May 12, 2010

Date

Sold (Public Records)

Public Records

$200,000

Price

Tax History for 5900 S Normandie Ave

Assessed Value (2020): $624,240

Year	Land Value	Improved Value	Assessed Value
2020	$374,544	$249,696	$624,240

About 5900 S Normandie Ave

Detailed summary of property

5900 S Normandie Ave is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90044 and last sold on December 5, 2017 for $600,000. This property has 3 bedrooms, 2 bathrooms, roughly 2,855 living square feet, and sits on an approximately 3,552 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 49.58% lower than the current median priced home. 5900 S Normandie Ave was last sold on December 5, 2017 for $600,000. Local nearby listings include 1631 W. 68th Street, 1134 W 68th St and 1134 W 68th St. The average home in Los Angeles, CA is selling in 94 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. If you are the homeowner and looking to sell the home at 5900 S Normandie Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5900 S Normandie Ave

Public county record property details

Beds: 3
Baths: 2
Year built: 1939
Sq. Ft.: 2,855
Lot Size: 3,552
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 61
APN: 6003-009-001

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$670,000

Median List Price/Sq.Ft.

$515

Median Sold Price

$739,000

Median Sold Price/Sq.Ft.

$461

Total Inventory

Median Sale to List Price %

105.57%

Avg Days on Market

Loan Type

Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

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(714) 706-1823

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