Welcome to this unique property just minutes from Metro E-line going to Santa Monica beach, many restaurants, and major event venues. This prime investment is located in an opportunity zone and walking distance from the heart of the 2028 Los Angeles Olympic action. With possible $8,000 in monthly rent revenue, this property is perfect for a sophisticated investor, or owner-occupant to live in one unit and collect rent from three units. This 4-plex offers incredible return on your investment in a rapidly growing area. Located near USC, iconic venues like the LA Memorial Coliseum, BMO Stadium, Natural History Museum, California African American Museum, Rose Garden, California Science Center, Shrine Auditorium & Expo Hall, Galen Center, and major Olympic event locations, this property is perfectly positioned to capitalize on increased demand for housing during and beyond the Games. Don't miss out on this chance to secure a property in one of LA's hottest neighborhoods before the world arrives!
Property Details
Property Features
Property Information:
Year Built: 1931
Stories: 0
Living Area: 3,492 SqFt
Listing Office:
Office Name: Transamerica Properties
Office Phone: (213) 933-2980
Listing Agent: Anthony Flores
Interior Features
Interior Information:
Appliances: Dryer, Washer
Bedroom and Bathroom Information:
Total Bedroom Count: 4
Exterior Features
Parking Information:
Parking: One Space
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: 10 west exit southbound on Normandie.
Price Information
Listing Price Info
Price Summary:
List Price: $1,250,000
Price Per SqFt: $358/SqFt
Tax Information:
Annual Amount: $1,126
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $228.4K more than the Median Sold Price and $282/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: #24473289
Listing Office:
Office Name: Transamerica Properties
Office Phone: (213) 933-2980
Listing Agent: Anthony Flores
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: 12/21/2024, 10:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,126
$45,464
2020
$1,105
$44,999
2019
$1,011
$44,118
2018
$1,001
$43,254
2017
$1,001
$42,407
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,306
Per Month
Principal & Interest
$6,239
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,814
Powered By
Advertisement
NMLS#3030
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
Lenicia B. Weemes Elementary
1260 W 36th Pl
Distance between this listing and this school0.49 miles
Public District Grades PK-5
4
/10
King Jr. Elementary School
3989 S Hobart Blvd
Distance between this listing and this school0.51 miles
Public District Grades KG-5
3
/10
STEM Preparatory Elementary School
1374 W 35th St
Distance between this listing and this school0.67 miles
Public Charter Grades KG-5
Nearby Schools
3
/10
Kipp Scholar Academy
1729 W Martin Luther King Jr Blvd
Distance between this listing and this school0.63 miles
Public Charter Grades 5-8
6
/10
New Heights Charter
2202 W Martin Luther King Jr Blvd
Distance between this listing and this school1.05 miles
Public Charter Grades KG-8
2
/10
Barack Obama Global Preparation Academy
1700 W 46th St
Distance between this listing and this school1.08 miles
Public District Grades 6-8
Nearby Schools
8
/10
Ednovate - Usc Hybrid High College Preparatory
3939 S Vermont Ave
Distance between this listing and this school0.47 miles
Public Charter Grades 9-12
6
/10
Foshay Learning Center
3751 S Harvard Blvd
Distance between this listing and this school0.50 miles
Public District Grades 6-12
3
/10
Manual Arts High School
4131 S Vermont Ave
Distance between this listing and this school0.63 miles
The neighbors living near this home have an average income of $30,027. Most Los Angeles, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3918 S Normandie Ave
What is the listing price of this property?
The listing price of 3918 S Normandie Ave property is $1,250,000.
What type of property is this?
The property 3918 S Normandie Ave is a house located in Los Angeles, California, 90037.
Is this property for sale now?
Active Listing: 3918 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 $1,126 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 3918 S Normandie Ave has 4 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 3918 S Normandie Ave is 3,492 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3918 S Normandie Ave is 1931.
This home is located at 3918 S Normandie Ave in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 3,492 square foot home, which was built in 1931, sits on a 0.15 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $1,250,000.
In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.