7861 S Normandie Ave, Los Angeles, CA 90044
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7861 S Normandie Ave Los Angeles, CA 90044

$1,165,000 Sold Price as of 01/30/2024
  • -- Beds
  • -- Baths
  • 2,148 Sq.Ft.
Sold
$1,165,000 Sold Price as of 01/30/2024 Refinance Your Mortgage

Map preview of 7861 S Normandie Ave, Los Angeles, CA 90044

Property Overview: 7861 S Normandie Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 2,148 living square feet and 7,054 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Partners CRE is proud to exclusively present for sale a perfect owner-user property that has been used for many years as a Children's Daycare but can serve well as offices and much more. Very well maintained over the years by long-term family owners, everything is in good working order. The property features two structures, the larger of which consists of open areas, a kitchen, two bathrooms and direct access on two sides to the open outside spaces. The smaller of the structures features a separate fenced-in area, an open room with an entrance at opposite ends and a bathroom. With the 7,065 SF C2-1VL lot, build 17+/- Units by Right or 25+/- Units by Density Bonus. Purchase the property as a land-bank for its current use and plan for future development! The property and an owner-user Buyer may qualify for an SBA loan. An outlier currently used as a business, the corner lot is surrounded by single family homes, apartment buildings and schools. The property will be delivered vacant with no Rent Control concerns or any requirement for replacement residential units. The 13+/- Parking Spaces are currently being used as a children's play area. DO NOT GO ON SITE. DO NOT DISTURB OCCUPANTS. Children on site.

Listed by Dario Svidler | BRE #01884474 | Keller Williams Beverly Hills
Last checked: 15 minutes ago | Last updated: January 30th, 2024 | Source CRMLS | DOM: 87

Home details

Lot Sq. Ft
7,054
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Other
Status
Sold
MLS#
23240659
City
Los Angeles
County
Los Angeles
Time on Site
553 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 7861 S Normandie Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 13
Property Information
  • Parcel Number: 6018025028
Location / Neighborhood
Location Information
  • Directions: Between Western Ave. and Vermont Ave. West of the 110 Freeway. Between Florence Ave. and Manchester Ave.
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Sale History for 7861 S Normandie Ave

Last sold for $1,165,000 on January 30th, 2024
  • January, 2024

  • Jan 30, 2024

    Date

    Sold

    CRMLS: 23240659

    $1,165,000

    Price

  • Feb 10, 2023

    Date

    Active

    CRMLS: 23240659

    $1,299,000

    Price

Tax History for 7861 S Normandie Ave

Assessed Value (2020): $246,302
Year Land Value Improved Value Assessed Value
2020 $133,579 $112,723 $246,302

Home Value Compared to the Market

This property vs the competition

7861 S Normandie Ave sold on January 30, 2024 for 15.98% 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 $604.75 per/sqft which puts the price per square foot 16.47% lower than the current median sale per square foot for the city of Los Angeles.

About 7861 S Normandie Ave

Detailed summary of property

7861 S Normandie Ave is a other that recently sold in Los Angeles, CA 90044. This property offered -- bedrooms, -- bathrooms, roughly 2,148 living square feet, and sits on an approximately 7,054 square foot lot. 7861 S Normandie Ave was first listed on ArdentRealEstateGroup.com on March 15, 2023. The homeowner sold the property for $1,165,000. 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 15.98% higher than the current median priced home. Local homes that are currently for sale include 3520 W Slauson Ave, 8201 Central Ave and 4111 S Broadway. While the average home in Los Angeles, CA is selling in 106 days, 7861 S Normandie Ave has a days on market of 87 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 7861 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 7861 S Normandie Ave

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
2,148
Lot Size
7,053
Stories
1
Type
Parochial School, Private School
Pool
No
Spa
No
County
Los Angeles
Lot#
27,28
APN
6018-025-028

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.
$513
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
87
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.