See Home Value
$2,099,044*
Multifamily - Off Market

848 S Normandie AVE

LOS ANGELES, CA 90005
bedrooms
Studio
bathrooms
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
3 Beds
-
-
$1,579,000 May 7, 2021
-
-
Land
Loft
-
-
$1,600,000 Mar 12, 2023
-
-
Multifamily
5 Beds
5 Baths
5,083 ft²
$315/ft²
$1,599,500 Jul 2, 2023
-
-
Land
Loft
-
-
$1,499,000 Mar 12, 2023
-
-
Land
Loft
-
-
$1,450,000 Jan 15, 2023
-
-
Multifamily
8 Beds
-
-
$1,875,000 Feb 8, 2023
-
-
House
8 Beds
4 Baths
2,919 ft²
$545/ft²
$1,590,000 Nov 3, 2022
-
-
House
3 Beds
3 Baths
2,610 ft²
$527/ft²
$1,375,000 May 11, 2023
-
$575/mo
House
3 Beds
2 Baths
1,005 ft²
$1,343/ft²
$1,350,000 May 12, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200603
06/03/2020
Studio
-
-
$1,800,000
bedrooms
Studio
bathrooms
-
-
-
-
-
20191004
10/04/2019
8 Bed
4 Bath
5660 ft²
$1,700,000
bedrooms
8 Bed
bathrooms
4 Bath
square feet
5660 ft²
-
-
-
-
20190111
01/11/2019
8 Bed
4 Bath
5660 ft²
$1,555,000
bedrooms
8 Bed
bathrooms
4 Bath
square feet
5660 ft²
-
-
-
-

Building Info

848 South Normandie Avenue 848 South Normandie Avenue, Los Angeles, CA 90005
More about this Building
848 South Normandie Avenue
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