854 S Normandie Ave, Los Angeles, CA 90005
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854 S Normandie Ave Los Angeles, CA 90005

$4,900,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$4,900,000 Get Pre-Qualified

Map preview of 854 S Normandie Ave, Los Angeles, CA 90005

Property Overview: 854 S Normandie Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 13,240 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 excited to present this spectacular corner lot development opportunity in prime Koreatown! The existing building consists of seven units and includes plenty of parking. With tier 3 zoning and a lot size of over 13,000 square feet, this building can be delivered vacant for a very promising development opportunity for 90 affordable units. Plans have been submitted and property can be delivered RTI (Buyer to pay permit fees) This amazing property is located in the heart of Koreatown, a rising area for development with nearby office buildings, hotels, retail, restaurants and a very unique nightlife!

Listed by Sara Joata | BRE #02168012 | The Agency
Co-listed by Daniel Stevenson | BRE #01981172 | The Agency
Last checked: 8 seconds ago | Last updated: July 10th, 2024 | Source CRMLS | DOM: 594
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Home details

Lot Sq. Ft
13,240
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
22221437
City
Los Angeles
County
Los Angeles
Time on Site
593 days

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Property Details for 854 S Normandie Ave

Lot Details / Garage and Parking
Property Information
  • Has View
  • Parcel Number: 5094018001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Corner of south Normandie Ave and James M Wood Blvd
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Sale History for 854 S Normandie Ave

Last sold for $3,000,000 on June 26th, 2017
  • November, 2022

  • Nov 29, 2022

    Date

    Active

    CRMLS: 22221437

    $4,500,000

    Price

  • June, 2017

  • Jun 26, 2017

    Date

    Sold (Public Records)

    Public Records

    $3,000,000

    Price

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Tax History for 854 S Normandie Ave

Assessed Value (2020): $3,183,623
Year Land Value Improved Value Assessed Value
2020 $2,228,536 $955,087 $3,183,623

Home Value Compared to the Market

This property vs the competition

854 S Normandie Ave is listed 308.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000.

About 854 S Normandie Ave

Detailed summary of property

854 S Normandie Ave is a land located in Los Angeles, CA 90005 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 13,240 square foot lot. 854 S Normandie Ave was first listed on ArdentRealEstateGroup.com on November 30, 2022. The homeowner is currently asking $4,900,000 and was originally asking $4,500,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 308.33% higher than the median priced home. Local competing homes currently for sale include 9324 Firth Blvd, 453 Dalehurst Ave and 1422 E Imperial Hwy. While the average home in Los Angeles, CA is selling in 101 days, 854 S Normandie Ave has a days on market of 594 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 854 S Normandie Ave Los Angeles, CA 90005 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 854 S Normandie Ave

Public county record property details
Beds
16
Baths
8
Year built
1923
Sq. Ft.
8,732
Lot Size
13,239
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
13,14
APN
5094-018-001

The source for these homes facts are from public records.

90005 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$839,900
Median List Price/Sq.Ft.
$641
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$548
Total Inventory
45
Median Sale to List Price %
97.53%
Avg Days on Market
19
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (25%)

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Related Resources to 854 S Normandie Ave

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.