Search
601 N Normandie Ave, Los Angeles, CA 90004
Image 2 for 601 N Normandie Ave, Los Angeles, CA 90004
Image 3 for 601 N Normandie Ave, Los Angeles, CA 90004
View Photos

601 N Normandie Ave Los Angeles, CA 90004

$2,999,000
  • 9 Beds
  • 9 Baths
  • 5,724 Sq.Ft.
For Sale
$2,999,000 Get Pre-Qualified
Map preview of 601 N Normandie Ave, Los Angeles, CA 90004

Property Overview: 601 N Normandie Ave Los Angeles, CA has 9 bedrooms, 9 bathrooms, 5,724 living square feet and 7,355 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: We are pleased to present for sale this Fully Remodeled, mid-rise, true pride of ownership 9-unit multi-family apartment complex located in the East Hollywood area at 601 North Normandie Avenue. ALL 9 UNITS WILL BE DELIVERED VACANT AT COE! All New Plumbing, All New Electrical, New Fire Sprinkler System, New Roofing, All New Dual Pane Windows, New Central A/C & Heating units, All New Energy Saving LED recessed lights, New smooth stucco, New doors, New Iron handrails, New Kitchen. Built in 1990, this property is a truly unique investment opportunity that is not subject to Los Angeles City Rent Stabilization Ordinance rent control. Amenities include central heating and air, granite counter tops, vinyl floors, controlled access, gated, tankless water heaters, separately metered for gas and electric, stainless steel appliances, sprinkler system, secured parking for approximately 12 spaces, laundry facilities on premises. The subject property sits on a lot size of approximately 7,353 square feet and the building square feet is approximately 5,724 square feet. Unit mix consists of nine (9) one bedroom, one bath apartments, currently used as Short Term Rentals. Call Listing Agents for details and showings. Smack middle Hollywood and Downtown LA. Few blocks away from Mid-Wilshire, close to 101 Freeway. Do not disturb tenants! ALL 9 UNITS WILL BE DELIVERED VACANT AT COE! Do not miss this opportunity. This won't last long!

Listed by Salar Farshchi Tabrizi | BRE #02095885 | Equity Union
Last checked: 12 minutes ago | Last updated: April 22nd, 2024 | Source CRMLS | DOM: 24
Get a $11,246 Cash Reward New

Buy this home with Ardent Real Estate Group and get $11,246 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,355
HOA Dues
$0/mo
Year built
1990
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
SR24074723
City
Los Angeles
County
Los Angeles
Time on Site
29 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 10
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 9
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.1
  • Gross Scheduled Income: $270,000
  • Net Operating Income: $177,064
  • Gross Operating Income: $247,968
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 601 N Normandie Ave

No upcoming open houses

Schedule Tour

Property Details for 601 N Normandie Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Gas Oven, Microwave
Interior Features
  • Granite Counters
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 9
  • Parcel Number: 5520002046
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Available, Natural Gas Connected, Sewer Connected, Sewer Not Available, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: Follow US-101 S to N Ardmore Ave. Take exit 6B from US-101 S. Continue on N Ardmore Ave. Drive to Normandie Ave
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 601 N Normandie Ave

Last sold for $2,270,000 on March 19th, 2019

  • April, 2024

  • Apr 16, 2024

    Date

    Active

    CRMLS: SR24074723

    $2,999,000

    Price

  • November, 2023

  • Nov 22, 2023

    Date

    Expired

    CRMLS: 23330771

    $3,799,000

    Price

  • Nov 9, 2023

    Date

    Active

    CRMLS: 23330771

    $3,799,000

    Price

  • Listing provided courtesy of CRMLS

    AIR BNB OPERATORS WELCOME!! ALL 9 UNITS CAN BE DELIVERED VACANT AT COE!! FULLY REMODELED!! All 9 units 1 Bedroom and 1 Bathroom with All New Plumbing, All New Electrical, New Fire Sprinkler System, New Roofing, All New Dual Pane Windows, New Central A/C & Heating units, All New Energy Saving LED recessed lights, New smooth-finished stucco, New doors, Brand New Iron handrails, New Kitchen, All New Appliances, New bathrooms, community laundry in the building. Automatic driveway gate. Do not disturb tenants!! Seller will include All units furnished!! SECURITY CAMERAS INSTALLED!! Ample Parking!! Great Location: Smack Middle Hollywood and Downtown LA. Few blocks away from Mid-Wilshire. CLOSE TO BUS STOPS AND 101 FWY ON/OFF RAMP. VERY EASY TO MANAGE. BRING YOUR 1031 EXCHANGE HERE!!

  • August, 2019

  • Aug 8, 2019

    Date

    Canceled

    CRMLS: 19495114

    $3,950,000

    Price

  • Aug 1, 2019

    Date

    Active

    CRMLS: 19495114

    $3,950,000

    Price

  • Listing provided courtesy of CRMLS

    NON-Rent Control Building. All 9 units 1 Bedroom and 1 Bathroom with All New Plumbing, All New Electrical, New Fire Sprinkler System, New Roofing, All New Dual Pane Windows, New Central A/C & Heating units, All New Energy Saving LED recessed lights, New smooth-finished stucco, New doors, Brand New Iron handrails, New Kitchen, All New Appliances, New bathrooms, community laundry in the building. Automatic driveway gate. Do not disturb tenants!! Seller will include All units furnished!! SECURITY CAMERAS INSTALLED!! Ample Parking!! Great Location: Smack middle Hollywood and Downtown LA. Few blocks away from Mid-Wilshire. CLOSE TO BUS STOPS AND 101 FWY ON/OFF RAMP. VERY EASY TO MANAGE. BRING YOUR 1031 EXCHANGE HERE!!

  • March, 2019

  • Mar 23, 2019

    Date

    Sold

    CRMLS: 18391990

    $2,270,000

    Price

  • Jan 5, 2019

    Date

    Pending

    CRMLS: 18391990

    $2,340,000

    Price

  • Nov 21, 2018

    Date

    Active Under Contract

    CRMLS: 18391990

    $2,340,000

    Price

  • Oct 12, 2018

    Date

    Active

    CRMLS: 18391990

    $2,340,000

    Price

  • Oct 10, 2018

    Date

    Pending

    CRMLS: 18391990

    $2,340,000

    Price

  • Oct 1, 2018

    Date

    Active

    CRMLS: 18391990

    $2,340,000

    Price

  • Listing provided courtesy of CRMLS

    The property is located in the Silverlake adjacent market. It is not subject to rent control because it was built in 1990. There is approximately 77% upside in the rents. There are (12) gated parking spaces on the property for tenants. The property is separately metered for gas and electricity. Located near the Wilshire Country Club and Paramount Studios. Opportunity for new buyer to rehab the vacant units & lease at market rents. Agents: Please see Private Remarks.

  • March, 2019

  • Mar 19, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,270,000

    Price

  • February, 2019

  • Feb 15, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 601 N Normandie Ave

Assessed Value (2020): $2,315,400
Year Land Value Improved Value Assessed Value
2020 $1,620,780 $694,620 $2,315,400

Home Value Compared to the Market

This property vs the competition

601 N Normandie Ave is listed 140.11% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $523.93 per/sqft which puts the price per square foot 32.31% lower than the median price per square foot for the city of Los Angeles.

About 601 N Normandie Ave

Detailed summary of property

601 N Normandie Ave is a mixed use located in Los Angeles, CA 90004 and is currently for sale. This mixed use property offers 9 bedrooms, 9 bathrooms, roughly 5,724 living square feet, and sits on an approximately 7,355 square foot lot. 601 N Normandie Ave was first listed on ArdentRealEstateGroup.com on April 16, 2024. The homeowner is currently asking $2,999,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 140.11% higher than the median priced home. Local competing homes currently for sale include 3745 Ocean View Ave, 11901 S San Pedro St and 12320 Ridge Circle. While the average home in Los Angeles, CA is selling in 94 days, 601 N Normandie Ave has a days on market of 24 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 601 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 601 N Normandie Ave

Public county record property details
Beds
9
Baths
9
Year built
1990
Sq. Ft.
5,724
Lot Size
7,352
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
103
APN
5520-002-046

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.
$795
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
61
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

Tour This Home

Buy with Ardent Real Estate Group and save $11,246.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $11,246 Cash Reward New

Buy this home with Ardent Real Estate Group and get $11,246 back.

Call/Text (714) 706-1823

Homes for Sale Near 601 N Normandie Ave

Nearby Homes for Sale

2240 W Temple St, Los Angeles, CA 90026
$2,500,000
8 Beds
4 Baths
5400 Sq.Ft.
2240 W Temple St
Los Angeles, CA 90026
4316 Edenhurst Ave, Los Angeles, CA 90039
$3,495,000
13 Beds
10 Baths
8855 Sq.Ft.
4316 Edenhurst Ave
Los Angeles, CA 90039
4052 Chevy Chase Dr, Los Angeles, CA 90039
$2,995,000
11 Beds
8 Baths
6430 Sq.Ft.
4052 Chevy Chase Dr
Los Angeles, CA 90039
1348 W 41st Pl, Los Angeles, CA 90037
$2,500,000
20 Beds
16 Baths
6112 Sq.Ft.
1348 W 41st Pl
Los Angeles, CA 90037
5871 Pickford St, Los Angeles, CA 90019
$2,500,000
14 Beds
10 Baths
7006 Sq.Ft.
5871 Pickford St
Los Angeles, CA 90019
2214 Hooper Ave, Los Angeles, CA 90011
$2,888,888
0 Beds
0 Baths
7373 Sq.Ft.
2214 Hooper Ave
Los Angeles, CA 90011
3765 Delmas, Los Angeles, CA 90034
$2,899,000
9 Beds
9 Baths
5272 Sq.Ft.
3765 Delmas
Los Angeles, CA 90034
3454 Jasmine Ave, Los Angeles, CA 90034
$2,850,000
12 Beds
13 Baths
6598 Sq.Ft.
3454 Jasmine Ave
Los Angeles, CA 90034

Recently Sold Homes Near 601 N Normandie Ave

1028 N Ardmore Ave, Los Angeles, CA 90029
$2,000,000 Last Sold Price
14 Beds
0 Baths
9376 Sq.Ft.
1028 N Ardmore Ave
Los Angeles, CA 90029
1037 N Normandie Ave, Los Angeles, CA 90029
$330,000 Last Sold Price
2 Beds
1 Baths
728 Sq.Ft.
1037 N Normandie Ave
Los Angeles, CA 90029
230 N Berendo St, Los Angeles, CA 90004
$1,330,000 Last Sold Price
7 Beds
6 Baths
4420 Sq.Ft.
230 N Berendo St
Los Angeles, CA 90004
4337 Normal Ave, Los Angeles, CA 90029
$1,724,500 Last Sold Price
6 Beds
16 Baths
6080 Sq.Ft.
4337 Normal Ave
Los Angeles, CA 90029

Related Resources to 601 N Normandie Ave

New Listings in 90004
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Call