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9703 S Normandie Ave, Los Angeles, CA 90044
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9703 S Normandie Ave Los Angeles, CA 90044

$540,000 Sold Price as of 03/31/2024
  • 3 Beds
  • 0 Baths
  • 1,360 Sq.Ft.
Sold
$540,000 Sold Price as of 03/31/2024 Refinance Your Mortgage
Map preview of 9703 S Normandie Ave, Los Angeles, CA 90044

Property Overview: 9703 S Normandie Ave Los Angeles, CA has 3 bedrooms, -- bathrooms, 1,360 living square feet and 4,085 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: NONE RENT CONTROL SINGLE FAMILY RESIDENCE/ commercial property. Multi unit property located in the COUNTY of Los Angeles, Front is a commercial building rented to a barber shop, back is a original 3 bedroom home, that was converted into 2 units without permits. Home will be delivered vacant, new owner will need to convert the home back to original 3 bedroom. There is a Garage which also sits on the property as the third building, that maybe able to be converted into an ADU. Entire property sits on C2 zoning. Front store can be delivered vacant or new owner can give a rent increase. separate WATER, gas and electric meters.

Listed by Tanya Barkhordar | BRE #01827428 | Shans International Realty Brokerage
Last checked: 4 minutes ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
4,085
HOA Dues
$0/mo
Year built
1949
Garage
2 Car
Property Type:
Mixed Use
Status
Sold
MLS#
SR24024834
City
Los Angeles
County
Los Angeles
Time on Site
89 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 0
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,400
  • Net Operating Income: $50,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 9703 S Normandie Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Gas & Electric Dryer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6055012032
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: corner of 97th and Normandie
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 9703 S Normandie Ave

Last sold for $540,000 on March 31st, 2024

  • March, 2024

  • Mar 31, 2024

    Date

    Sold

    CRMLS: SR24024834

    $540,000

    Price

  • Feb 2, 2024

    Date

    Active

    CRMLS: SR24024834

    $499,999

    Price

  • June, 2021

  • Jun 3, 2021

    Date

    Canceled

    CRMLS: SR21065283

    $549,999

    Price

  • May 4, 2021

    Date

    Withdrawn

    CRMLS: SR21065283

    $549,999

    Price

  • Mar 29, 2021

    Date

    Active

    CRMLS: SR21065283

    $549,999

    Price

  • Listing provided courtesy of CRMLS

    Mixed use- 3 building property -1 commercial and 1 residential- ( and free standing full garage) bringing in great income. over 6.5% CAP AS IS with potential of OVER 9% CAP IN THE FURTURE. .. .. Commercial building in the front rented to a barber shop , house in the back rented as well , house in the back has been converted into a duplex . 3rd structure in the middle is a garage which can be converted into another legal ADU unit. Property has 3 total buildings. Commercial building in the front, full garage in the middle, and house in the back. Buyer to do their own due diligence- . Property is in the county of Los Angeles which falls under more lenient rent control laws. owner Never had a single issue with non payment of rent due to covid. This property falls in a part of the county which the utilizes are extremely low due to not being the incorporated part of los angeles.

  • May, 2021

  • May 4, 2021

    Date

    Canceled

    CRMLS: SR21052236

    $549,999

    Price

  • Mar 26, 2021

    Date

    Price Change

    CRMLS: SR21052236

    $549,999

    Price

  • Mar 12, 2021

    Date

    Active

    CRMLS: SR21052236

    $599,999

    Price

  • Listing provided courtesy of CRMLS

    Mixed use- 3 building property -1 commercial and 1 residential- ( and free standing full garage) bringing in great income. over 6.5% CAP AS IS with potential of OVER 9% CAP IN THE FURTURE..... Commercial building in the front rented to a barber shop , house in the back rented as well , house in the back has been converted into a duplex . 3rd structure in the middle is a garage which can be converted into another legal ADU unit. Property has 3 total buildings. Commercial building in the front, full garage in the middle, and house in the back. Buyer to do their own due diligence- . Property is in the county of Los Angeles which falls under more lenient rent control laws. owner Never had a single issue with non payment of rent due to covid.

  • November, 2020

  • Nov 1, 2020

    Date

    Expired

    CRMLS: SR20163093

    $438,000

    Price

  • Aug 31, 2020

    Date

    Price Change

    CRMLS: SR20163093

    $438,000

    Price

  • Aug 12, 2020

    Date

    Active

    CRMLS: SR20163093

    $448,000

    Price

  • Listing provided courtesy of CRMLS

    mixed use- 2 building property -1 commercial and 1 residential- bringing in great income. Commercial building in the front rented to a barber shop , house in the back rented as well , house in the back has been converted into a duplex without permits. Property has 3 total buildings. Commercial building in the front, full garage in the middle, and house in the back. Buyer to do their own due diligence- garage maybe be able to converted to an ADU - legal unit. Property is in the county of los Angeles which falls under more lenient rent control laws

  • August, 2020

  • Aug 19, 2020

    Date

    Expired

    CRMLS: SR20039841

    $464,000

    Price

  • Jul 27, 2020

    Date

    Price Change

    CRMLS: SR20039841

    $464,000

    Price

  • Jul 27, 2020

    Date

    Price Change

    CRMLS: SR20039841

    $46,400

    Price

  • Jun 15, 2020

    Date

    Price Change

    CRMLS: SR20039841

    $499,000

    Price

  • Jun 15, 2020

    Date

    Active

    CRMLS: SR20039841

    $439,000

    Price

  • Mar 30, 2020

    Date

    Withdrawn

    CRMLS: SR20039841

    $439,000

    Price

  • Feb 24, 2020

    Date

    Active

    CRMLS: SR20039841

    $439,000

    Price

  • Listing provided courtesy of CRMLS

    mixed use- 2 building property -1 commercial and 1 residential- bringing in great income. Commercial building in the front rented to a barber shop , house in the back rented as well , house in the back has been converted into a duplex without permits. Property has 3 total buildings. Commercial building in the front, full garage in the middle, and house in the back. Buyer to do their own due diligence- garage maybe be able to converted to an ADU - legal unit. Property is in the county of los Angeles which falls under more lenient rent control laws.

  • March, 2014

  • Mar 12, 2014

    Date

    Sold (Public Records)

    Public Records

    $135,000

    Price

  • February, 2014

  • Feb 19, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 9703 S Normandie Ave

Assessed Value (2020): $219,690
Year Land Value Improved Value Assessed Value
2020 $168,132 $51,558 $219,690

Home Value Compared to the Market

This property vs the competition

9703 S Normandie Ave sold on March 31, 2024 for 57.98% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $367.65 per/sqft which puts the price per square foot 51.31% lower than the current median sale per square foot for the city of Los Angeles.

About 9703 S Normandie Ave

Detailed summary of property

9703 S Normandie Ave is a mixed use that recently sold in Los Angeles, CA 90044. This mixed use property offered 3 bedrooms, -- bathrooms, roughly 1,360 living square feet, and sits on an approximately 4,085 square foot lot. 9703 S Normandie Ave was first listed on ArdentRealEstateGroup.com on February 3, 2024. The homeowner sold the property for $540,000. Home 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 57.98% lower than the current median priced home. Local homes that are currently for sale include 761 Calle Aragon #A, 329 Avenida Carmel, unit D and 2065 Via Mariposa #D. While the average home in Los Angeles, CA is selling in 96 days, 9703 S Normandie Ave has a days on market of 25 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 9703 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 9703 S Normandie Ave

Public county record property details
Beds
3
Baths
1
Year built
1949
Sq. Ft.
1,360
Lot Size
4,084
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
6055-012-032

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
$659,500
Median List Price/Sq.Ft.
$516
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$503
Total Inventory
80
Median Sale to List Price %
100%
Avg Days on Market
51
Loan Type
Conventional (57.14%), FHA (7.14%), VA (0%), Cash (7.14%), Other (14.29%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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