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$1,690,000   Price Analysis
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848 S Normandie Ave
Los Angeles, CA 90005
8 bed 4 bath 5,660 SqFt ($298/SqFt)
6,751SqFt lot. Built 1917
Listed 2024-04-01, Taxes $18,697
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Well maintained 4-plex boasting open 3+1 residences and ample R4 zoning in a prime K-town location.

This property offers generous living spaces and four parking spots at the rear. All units are currently leas ed. Promising potential for rental escalation and future development. Kindly respect tenant privacy; please refrain from disturbing occupants.

Buyer is advised to independently verify the accuracy of all information through personal inspection and w/appropriate professionals to ensure satisfaction and to rely solely on verified informtion.


Presented by Colby Jo at
Omni Realty & Investment Group.


Property MLS #24-375045 from TheMLSCLAW

Bedrooms: 8

Total Bathrooms: 4
Full Bathrooms: 4

Lot Size Acres: 0.1549816
Lot Size Source: Assessor
Lot Size Square Feet: 6751

Garage Description: Parking Space
Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 1, 1 SquareFeet: 3000, 2 BedsTotal: 3, 2 BathsTotal: 1, 2 SquareFeet: 3000, 3 BedsTotal: 3, 3 BathsTotal: 1, 3 SquareFeet: 3000, 4 BedsTotal: 3, 4 BathsTotal: 1, 4 SquareFeet: 3000

Source Listing Status: Active
County: Los Angeles
Directions: N. of Olympic Blvd and S. of 8th St.on Normandie Ave
Source Property Type: Residential Income
Area: Mid-Wilshire
Source Neighborhood: Mid-Wilshire
Parcel Number: 5094-018-002
Postal Code Plus 4: 2144
Zoning: LAR4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$571,200 + $969,000
$1,540,200
$18,697
2021$560,000 + $950,000
$1,510,000
$18,446
2020$446,760 + $1,042,440
$1,489,200
$18,566
2019$313,160 + $936,360
$1,249,520
$15,367
2018$307,020 + $918,000
$1,225,020
$15,205
2017$301,000 + $900,000
$1,201,000
$14,882
2016$226,770 + $528,438
$755,208
$9,470
2015$223,364 + $520,501
$743,865
$9,336
2014$218,989 + $510,306
$729,295
$9,389
2013$218,000 + $508,000
$726,000
$9,384
2012$180,540 + $421,260
$601,800
$8,118
2010$205,000 + $400,000
$605,000
$11,912
2009$261,056 + $636,724
$897,780
$11,473
2009$260,437 + $635,214
$895,651
$11,473
2008$255,938 + $624,240
$880,178
$10,989
2007$250,920 + $612,000
$862,920
$10,615

Listed 2024-04-01
$1,690,000
TheMLSCLAW
Sold 2020-12-08
$1,510,000
TheMLSCLAW
Listing removed 2019-12-22
$0
TheMLSCLAW
Listed 2019-10-04
$1,700,000
TheMLSCLAW
Listing removed 2019-09-11
$0
CRMLS
Listed 2019-06-23
$2,000,000
CRMLS
Sold 2019-04-30
$1,460,000
TheMLSCLAW
Listed 2019-01-11
$1,555,000
TheMLSCLAW
Listing removed 2018-12-27
$0
TheMLSCLAW
Listing removed 2018-12-25
$1,595,000
TheMLSCLAW
Price Changed 2018-11-12
$1,595,000
TheMLSCLAW
Price Changed 2018-10-30
$1,615,000
TheMLSCLAW
Listed 2018-10-22
$1,645,000
TheMLSCLAW
Sold 2016-09-30
$1,201,000
Public Record
Listing removed 2014-10-16
$1,000,001
CRMLS
Listing removed 2014-03-28
$1,100,001
CRMLS
Price Changed 2014-03-27
$1,100,001
CRMLS
Listed 2013-12-27
$1,000,001
CRMLS
Listed 2013-12-27
$1,300,001
CRMLS
Sold 2012-10-10
$726,000
Public Record
Sold 2011-02-23
$590,000
Public Record
Sold 2010-08-31
$605,000
Public Record
Listing removed 2010-08-20
$639,900
TheMLSCLAW
Listing removed 2010-08-18
$639,900
ITECH
Listed 2010-05-26
$639,900
ITECH
Listing removed 2010-05-26
$699,000
ITECH
Listed 2010-05-26
$639,900
TheMLSCLAW
Listing removed 2010-05-08
$699,000
TheMLSCLAW
Relisted 2010-05-06
$699,000
TheMLSCLAW
Listing removed 2010-04-10
$699,000
TheMLSCLAW
Relisted 2010-04-08
$699,000
TheMLSCLAW
Listing removed 2010-02-27
$699,000
TheMLSCLAW
Listing removed 2010-02-10
$699,000
SoCalMLS
Listing removed 2009-09-28
$699,000
TheMLSCLAW
Listed 2009-09-25
$699,000
TheMLSCLAW
Listed 2009-09-24
$699,000
ITECH
Listed 2009-09-24
$699,000
TheMLSCLAW
Listed 2009-09-24
$699,000
SoCalMLS
Sold 2005-08-17
$846,000
ITECH
Listed 2005-05-03
$840,000
ITECH
Sold 1999-10-05
$260,500
Public Record
Sold 1997-12-16
$321,000
Public Record
Sold 1992-12-23
$224,500
Public Record
Sold 1988-06-03
$265,000
Public Record
Sold 1987-02-18
$215,000
Public Record
Sold 1980-10-08
$156,000
Public Record

Net Operating Income: 67390

Total Square Feet Living: 5660
Year Built: 1917
Levels: Two Level
Living Area Source: Assessor
Property Age: 107
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Assessor

Other Equipment: Range/Oven

Mariposa-Nabi Primary Center is a public elementary school located approximately 0.2 miles away.
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Rfk Community Schools-Ambassador-Global Leadership is a public middle and high school located approximately 0.3 miles away.
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Korean Baptist Church School is a private elementary school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.