Exceptional Triplex Opportunity Near Downtown LA Perfect for Investors, Developers and First-Time Homebuyers! Welcome to a unique property just west of Downtown Los Angeles, ideal for owner-users and investors alike! This triplex offers the perfect blend of comfortable living and lucrative rental potential. Property Highlights:- **Spacious Living**: The property features two separate buildings totaling **3,388 square feet** of living space, situated on a generous **4,556 square foot lot**.- **Zoned for Development**: The property is zoned R2 and qualifies for **TOC Tier 1 benefits**, opening doors for potential future development and an attractive prospect for savvy investors.- **Stable Income**: With all tenants currently in place, this triplex has proven to be a stable investment; all tenants have consistently paid their rents throughout the pandemic. Prime Location:- Just **2 miles east of Downtown LA** and **2 miles north of USC**, this property offers an enviable location that is both accessible and vibrant.- **Centrally Located**: Convenient access to public transit, shopping, trendy dining, and excellent schools makes this an ideal locale for tenants, ensuring lower vacancy rates and high demand. Ideal for Investors This triplex is a great fit for anyone looking for a **stabilized asset** or a safe **1031-exchange replacement**. Its strong rental history and strategic location make it a wise investment move. Affordable Financing Options: We welcome FHA, VA, and first-time home buyer programs! Don't miss this opportunity to make a strategic investment or become a homeowner in one of LA's most dynamic neighborhoods. Seize the chance to own a piece of prime real estate near Downtown LA today! Whether you're an investor looking for a reliable income source or a first-time homebuyer looking to break into the real estate market, this triplex is waiting for you.
Property Details
Property Features
Property Information:
Year Built: 1915
Stories: 0
Living Area: 3,388 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 458-0091
Listing Agent: Joel Newton
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 6
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
Other
Directions Information:
Directions: Exit the 10 freeway on Normandie and head North, once you pass Washington Blvd, the property will be on the left (West) side of the street.
Price Information
Listing Price Info
Price Summary:
List Price: $1,050,000
Price Per SqFt: $310/SqFt
Tax Information:
Annual Amount: $10,608
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $26.5K more than the Median Sold Price and $331/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24456627
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 458-0091
Listing Agent: Joel Newton
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/22/2024, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 29, 2018
Jun 29, 2018Home Sold
$820,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,608
$861,966
2020
$10,296
$853,128
2019
$2,506
$836,400
2018
$2,460
$179,209
2017
$2,460
$175,696
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Los Angeles Elementary
1211 S Hobart Blvd
Distance between this listing and this school0.61 miles
Public District Grades KG-5
7
/10
24th Street Elementary School
2055 W 24th St
Distance between this listing and this school0.67 miles
Public District Grades KG-4
4
/10
Magnolia Avenue Elementary School
1626 Orchard Ave
Distance between this listing and this school0.77 miles
Public District Grades PK-5
Nearby Schools
4
/10
Camino Nuevo Elementary #3
1723 Cordova St
Distance between this listing and this school0.33 miles
Public Charter Grades KG-8
5
/10
Crown Preparatory Academy
2055 W 24th St
Distance between this listing and this school0.67 miles
Public Charter Grades 5-8
4
/10
Berendo Middle School
1157 S Berendo St
Distance between this listing and this school0.72 miles
Public District Grades 6-8
Nearby Schools
3
/10
West Adams Preparatory High School
1500 W Washington Blvd
Distance between this listing and this school0.66 miles
Public District Grades 9-12
6
/10
Alliance Gertz-Ressler Richard Merkin 6-12 Complex
2023 S Union Ave
Distance between this listing and this school1.08 miles
Public Charter Grades 6-12
7
/10
Math and Science College Preparatory
3202 W Adams Blvd
Distance between this listing and this school1.18 miles
The neighbors living near this home have an average income of $38,118. Typical income of Los Angeles, CA residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1819 S Normandie Ave
What is the listing price of this property?
The listing price of 1819 S Normandie Ave property is $1,050,000.
What type of property is this?
The property 1819 S Normandie Ave is a house located in Los Angeles, California, 90006.
Is this property for sale now?
Active Listing: 1819 S Normandie Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $10,608 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 29, 2018 for $820,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1819 S Normandie Ave has 6 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 1819 S Normandie Ave is 3,388 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1819 S Normandie Ave is 1915.
This home is located at 1819 S Normandie Ave in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 3,388 square foot home, which was built in 1915, sits on a 0.12 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $1,050,000.
Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.