4801 S Normandie Avenue Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,640 sqft
Price per Sqft $292
MLS Listing ID CL24435165
HOA Y/N No
Year Built 1915
Lot Size 5,621 Sqft
Acres 0.13
Property Description
We are proud to present 4801 S Normandie Ave. The subject property is a mixed use building constructed in 1915. The property contains one 3 bedroom/2 bathroom unit, two 2 bedroom/2bathroom units, and one three bedroom/one bathroom unit, and the first floor tenant is a Church. The property is situated near USC with good walkability and access to public transportation. Built in 1915, the property is zoned LAC2. The property is a 5,640 Square Foot building on a 5,621 Square Foot lot. The building also has 10 parking spaces in a gated lot. At a list price of $1,650,000, the property is a 9.5 proforma GRM and a 8.1% proforma CAP rate. 4801 S Normandie Ave is less than two miles away from Exposition Park, which is ideal with the 2028 Olympics approaching. Additionally, the building contains one vacancy (2+2). The property is listed at $330,000 per unit, $293 per building Square Foot, and $294 per land Square Foot. The owner has preliminary plans to construct ADUs. Unit Type 4 is a commercial retail space. DO NOT DISTURB OCCUPANTS! DRIVE BY ONLY! THOSE WHO DO NOT COMPLY WILL BE DISQUALIFIED!
Location
State CA
County Los Angeles
Area Listing
Zoning LAC2
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 5016021001