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Map
$2,099,044*
●
Multifamily -
Off Market
848 S Normandie AVE
LOS ANGELES, CA 90005
Studio
0 Bath
$1,440,000 - $1,760,000
Reference Base Price*
31.19%
Since Jan 1, 2021
CA-Los Angeles
Primary Model
About This Property
Presented for sale is a 4 Unit Apartment Building with tremendous
redevelopment upside! This building features huge 3+1 homes with 4+
parking spaces in the rear. There is currently one vacant unit and
a potential to deliver the three other units with cash-for-keys
agreements. With a low offer price of $283 a square foot,
getting to Market Rents can push this deal to a mid 7 CAP or build
29 units on site. Come be at the center of it all, surrounded by
casual and fine dining, two blocks to Seoul International Park,
less than half a mile / four blocks to the Metro Red Line Subway
Station, music, bars, shopping...hard to ask for more!
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1917
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 12, 2020 | No longer available | - | |
No longer available | |||
Dec 8, 2020 | Sold to Chong Pak, James Lee | $1,510,000 | |
Sold to Chong Pak, James Lee | |||
Nov 8, 2020 | Relisted | - | |
Relisted | |||
Nov 7, 2020 | No longer available | - | |
No longer available | |||
Sep 25, 2020 | Price Decreased |
$1,600,000
↓ $200K
(11.1%)
|
|
Price Decreased |
Show More
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Multifamily
5
Beds
5
Baths
5,083 ft²
$315/ft²
$1,599,500
Jul 2, 2023
-
-
In Contract
House
8
Beds
4
Baths
2,919 ft²
$545/ft²
$1,590,000
Nov 3, 2022
-
-
In Contract
House
3
Beds
3
Baths
2,610 ft²
$527/ft²
$1,375,000
May 11, 2023
-
$575/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/03/2020
|
|
Studio
|
-
|
-
|
$1,800,000
Studio
-
|
-
-
|
-
|
-
|
10/04/2019
|
|
8 Bed
|
4 Bath
|
5660 ft²
|
$1,700,000
8 Bed
4 Bath
5660 ft²
|
-
-
|
-
|
-
|
01/11/2019
|
|
8 Bed
|
4 Bath
|
5660 ft²
|
$1,555,000
8 Bed
4 Bath
5660 ft²
|
-
-
|
-
|
-
|
Building Info
848 South Normandie Avenue
848 South Normandie Avenue, Los Angeles, CA 90005