$1,799,000 Price Analysis   ♡   Los Angeles, CA 90007 10 bed 8 bath 4,837 SqFt ($371/SqFt) 6,601SqFt lot. Built 1960 Listed 2024-04-03, Taxes $17,266 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
BRING ALL OFFERS - SELLER HIGHLY MOTIVATED!
3005 S Normandie Ave is an 8-unit 'dingbat' style apartment building located between the West Adams and Exposition Park neighborhoods. The property's unit mix consists of six 1+1's and two 2+1's. Six of the units have been extensively remodeled to include new paint, kitchens, bathrooms and resurfaced hardwood flooring. The exterior of the building has also had numerous upgrades including a newer roof (approximately 6.5 years old), security camera installation, new paint and drought tolerant landscaping. The property is fully parked and has an on-site laundry room for added income.
Located minutes away from the heart of the University of Southern California and Downtown, 3005 S Normandie Ave provides residents with many of the exceptional things LA has to offer right outside their front door. The property features a fantastic 79 walk score and is central to major employment, freeways and points of interest alike. Tenants with children have numerous near by parks and schools to choose from, including Loren Miller Recreation Center and Vermont Avenue Elementary. Public trnsit is also easily accessible at the Expo/Western Metro station at 1.1 miles away. With 3005 S Normandie Ave, you can hedge against inflation, exploit tax advantages and add more value.
Presented by Jordan Peikin at
Jordan Peikin.
Property MLS #24-375801 from TheMLSCLAW
Full Bathrooms: 8
Laundry Features: Room, Community
Garage Description: Carport, Side By Side, Tandem, Assigned
Parking Total: 9
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6601
Other Equipment: Ceiling Fan, Hood Fan, Refrigerator, Range/Oven
Security Features: Carbon Monoxide Detector(s), Exterior Security Lights, Smoke Detector
Calculated Total Monthly Association Fees: 0
Number of Units: 8
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1900, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 1900, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 1900, 4 BedsTotal: 2, 4 BathsTotal: 1, 4 SquareFeet: 2400, 5 BedsTotal: 1, 5 BathsTotal: 1, 5 SquareFeet: 1900, 6 BedsTotal: 1, 6 BathsTotal: 1, 6 SquareFeet: 1900, 7 BedsTotal: 1, 7 BathsTotal: 1, 7 SquareFeet: 1900, 8 BedsTotal: 2, 8 BathsTotal: 1, 8 SquareFeet: 2400
County: Los Angeles
Cap Rate: 5.3
Directions: On Normandie, between Adams and Jefferson.
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Parcel Number: 5053-032-036
Postal Code Plus 4: 2837
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $376,733 + $1,013,963 $1,390,696 | $17,266 |
| 2021 | $369,347 + $994,082 $1,363,429 | $17,041 |
| 2020 | $377,665 + $936,360 $1,314,025 | $16,794 |
| 2019 | $370,260 + $918,000 $1,288,260 | $16,152 |
| 2018 | $147,876 + $528,132 $676,008 | $9,004 |
| 2017 | $63,771 + $24,916 $88,687 | $1,931 |
| 2016 | $62,521 + $24,428 $86,949 | $1,836 |
| 2015 | $61,582 + $24,062 $85,644 | $1,821 |
| 2014 | $60,376 + $23,591 $83,967 | $1,884 |
| 2013 | $60,104 + $23,485 $83,589 | $1,869 |
| 2012 | $58,926 + $23,025 $81,951 | $1,888 |
| 2010 | $57,771 + $22,574 $80,345 | $1,800 |
| 2009 | $57,477 + $22,460 $79,937 | $1,743 |
| 2009 | $57,340 + $22,406 $79,746 | $1,743 |
| 2008 | $56,350 + $22,020 $78,370 | $1,701 |
| 2007 | $55,246 + $21,589 $76,835 | $1,639 |
$1,799,000
TheMLSCLAW
Price Changed 2024-04-11
$1,849,000
TheMLSCLAW
Listed 2024-04-03
$1,895,000
TheMLSCLAW
Listing removed 2022-07-01
$0
AppfolioUnits
Listed for rent 2022-06-25
$1,725
AppfolioUnits
Listing removed 2022-04-06
$0
AppfolioUnits
Listed for rent 2022-03-27
$1,750
AppfolioUnits
Listing removed 2021-05-10
$0
AppfolioUnits
Listed for rent 2021-04-29
$1,995
AppfolioUnits
Listing removed 2021-04-22
$0
AppfolioUnits
Listed for rent 2021-04-18
$1,950
AppfolioUnits
Listing removed 2018-02-22
$1,300,000
CRISNET
Sold 2018-02-21
$1,300,000
CRISNET
Listed 2017-12-05
$1,300,000
CRISNET
Year Built: 1960
Building Exterior Type: Stucco
Direction Faces: East
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 64
Property Condition: Fixer, Updated/Remodeled
Roof: Composition, Shingle
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
Map directions Map directions Map directions
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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.