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6124 S Normandie Ave, Los Angeles, CA 90044
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6124 S Normandie Ave Los Angeles, CA 90044

$825,000 Sold Price as of 12/11/2020
  • 7 Beds
  • 5 Baths
  • 2,911 Sq.Ft.
Sold
$825,000 Sold Price as of 12/11/2020 Refinance Your Mortgage
Map preview of 6124 S Normandie Ave, Los Angeles, CA 90044

Property Overview: 6124 S Normandie Ave Los Angeles, CA has 7 bedrooms, 5 bathrooms, 2,911 living square feet and 6,718 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer this three unit offering, located in the City of Los Angeles. The unit mix consists of one 2+1 units, one 2+2 unit, and one 3+2 unit. The investment consists of approximately 2,911 of rentable square feet and is situated on an approximately 6,717 square foot parcel. The 2+2 unit may be used as an owner's unit or rented for additional income. Building amenities include aluminum windows throughout, an on-site garage with two parking spaces, three new electrical meters, and the property is separately metered for both gas & electricity The property is not subject to the Los Angeles Soft-Story Retrofit Program.

Listed by Ian Hollinger | BRE #01889125 | BRC Advisors- BH
Co-listed by Griffin White | BRE #02031785 | BRC Advisors- BH
Last checked: 6 minutes ago | Last updated: July 13th, 2023 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
6,718
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20629256
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,215
  • Total Rent: $2,215
  • Pro Forma/Market Rent: $2,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.04%
  • Gross Rent Multiplier: 11.68
  • Gross Scheduled Income: --
  • Net Operating Income: $56,977
  • Gross Operating Income: $77,406
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6124 S Normandie Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 3
  • Parcel Number: 6003026027
  • Year Built Source: Other
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: The property is situated south of Slauson Avenue, North of Gage Avenue, West of Vermont Avenue and East of Western Avenue.
View more facts & features

Local Los Angeles Agent

Sale History for 6124 S Normandie Ave

Last sold for $825,000 on December 11th, 2020

  • December, 2020

  • Dec 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $825,000

    Price

  • October, 2020

  • Oct 8, 2020

    Date

    Pending

    CRMLS: 20629256

    $899,000

    Price

  • Sep 8, 2020

    Date

    Active

    CRMLS: 20629256

    $899,000

    Price

  • September, 2020

  • Sep 8, 2020

    Date

    Canceled

    CRMLS: 20598920

    $999,000

    Price

  • Sep 4, 2020

    Date

    Withdrawn

    CRMLS: 20598920

    $999,000

    Price

  • Jul 7, 2020

    Date

    Active

    CRMLS: 20598920

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer this three unit offering, located in the City of Los Angeles. The unit mix consists of one 2+1 units, one 2+2 unit, and one 3+2 unit. The improvement consists of approximately 2,911 of rentable square feet and is situated on an approximately 6,717 square foot parcel. The 2+2 unit may be used as an owner's unit or rented for additional income. Building amenities include aluminum windows throughout, an on-site garage with two parking spaces, three new electrical meters, and the property is separately metered for both gas & electricity. The property is not subject to the Los Angeles Soft-Story Retrofit Program.

  • January, 2016

  • Jan 10, 2016

    Date

    Leased

    CRMLS: 15965909

    $1,400

    Price

  • Dec 15, 2015

    Date

    Active

    CRMLS: 15965909

    $1,500

    Price

  • Listing provided courtesy of CRMLS

    Spacious and completely renovated space, perfect for office, retail, clothing store. 2 bathrooms, kitchenette with appliances. Plus a large, gated patio. Corner location with great visibility and high traffic count.

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Tax History for 6124 S Normandie Ave

Assessed Value (2020): $68,992
Year Land Value Improved Value Assessed Value
2020 $15,885 $53,107 $68,992

Home Value Compared to the Market

This property vs the competition

6124 S Normandie Ave sold on December 11, 2020 for 19.73% lower 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 $308.83 per/sqft which puts the price per square foot 57.34% lower than the current median sale per square foot for the city of Los Angeles.

About 6124 S Normandie Ave

Detailed summary of property

6124 S Normandie Ave is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 2,911 living square feet, and sits on an approximately 6,718 square foot lot. 6124 S Normandie Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $825,000. 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 19.73% lower than the current median priced home. Local homes that are currently for sale include 1526 W 54th St, 1519 W 54th St and 1825 W 66th St. While the average home in Los Angeles, CA is selling in 106 days, 6124 S Normandie Ave has a days on market of 30 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 6124 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 6124 S Normandie Ave

Public county record property details
Beds
4
Baths
3
Year built
1948
Sq. Ft.
2,911
Lot Size
6,717
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
216
APN
6003-026-027

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
$650,000
Median List Price/Sq.Ft.
$515
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
88
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

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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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