25 days on rocket

315 N Normandie Ave, Los Angeles, CA, 90004

$2,349,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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315 N Normandie Ave, Los Angeles$2,349,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage4 spaces
Year Built2023
MLS #OC24239457
Lot Size0.10 Acres
StatusActive

About 315 N Normandie Ave

PRIME LOCATION charming 3-unit 2023 NEWLY built 3-story income property EXTRORDINARY opportunity for investors. Very very unique features with MODERN design and TWO ASSIGNED PARKING spaces for each unit. NO RENT CONTROL. NO HOA.Low holding cost with potential space for cap rate. The triplex comes with Living sf 3,908 sf, lot size 4,500 sf, 13 bedrooms, 12 baths, 6 parking spaces, and FENCE YARD. UNIQUE floor plan with TEN SUITES which are 2 units with 5 bedrooms 5 bathrooms that you cannot find any more! The first unit located on 1st floor with 3 bedrooms 2 bathrooms, and 2 front parking spaces. At the back there are 4 parking spaces for the rest two upstairs units. The second unit located on 2nd and 3rd floors at the front of the property with FIVE SUITES. The last unit is also located on 2nd and 3rd floors but at the back of the property with ANOTHER FIVE SUITES.Each unit has 2 assigned parking spaces, trash account, SEPARATED electricity meter,gas meter, as well as WASHER and DRYER.The downstairs unit has its own water meter, and the rest 2 units share with main water meter. Lots of natural lights in the open floor plan. Expansive windows with panoramic views of plam trees, the Hollywood sign, and LA downtown skyline. Kitchen central island. New kitchen appliances. Contemporary bathroom light upgrades. Located in the heart of the East Hollywood, Los Angeles, which is around Koreatown. Closed to retail plazas with lots of restaurants, shops, various transportation, entertainments, and highway access. Buyer to perform buyer’s own due diligence to verify all permits, SQFT, bedroom/bathroom count, school, and accuracy of all property related info.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 1

Listing Office:

  • Office Name: Harvest Realty Development
  • Office Phone: (415) 623-4362
  • Listing Agent: Gangming Liang

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Other

Directions Information:

  • Directions: Highway 101- Melrose Ave- Normandie Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,349,000

Tax Information:

  • Annual Amount: $7,631
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

315 N Normandie Ave vs Los Angeles

25 DAYS ON ROCKET

-13 Days

$2,349,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24239457

Listing Office:

  • Office Name: Harvest Realty Development
  • Office Phone: (415) 623-4362
  • Listing Agent: Gangming Liang

IDX 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: 12/23/2024, 4:20:57 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

Jun 09, 2020Home Sold
$618,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,631$624,401
2020$3,245$256,633
2019$3,142$251,602
2018$3,077$246,669
2017$3,077$241,833

History based on county public records data.

Payment Calculator

$11.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,109

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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.

Nearby Schools

school-card-donut-1142230
6
/10
  • Alexandria Elementary School

  • 4211 Oakwood Ave

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-1142231
5
/10
  • Harvard Elementary

  • 330 N Harvard Blvd

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-1142232
6
/10
  • Cahuenga Elementary School

  • 220 S Hobart Blvd

  • 0.50 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,778. Most Los Angeles, CA residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles90004315 N Normandie Ave

This home is located at 315 N Normandie Ave in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This home, which was built in 2023, sits on a 0.10 acre lot. It has been listed on Rocket Homes since November 28, 2024 and is currently priced at $2,349,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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