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Backup Offers

4307 S Normandie Ave, Los Angeles, CA, 90037

$1,285,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Baths
3,640 SqFt
$353/SqFt
House

Location

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4307 S Normandie Ave, Los Angeles$1,285,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingNone
Year Built1924
HeatingWall Furnace
MLS #24422513
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 4307 S Normandie Ave

We are pleased to present the opportunity to acquire 4307 S. Normandie Avenue, an 8-unit multifamily property located in the Vermont Square neighborhood of South Los Angeles. Built in 1924, this one-story building sits on a 6,447 square foot lot with 3,640 square feet of rentable space and consists of (8) 1bed/1Bath units. The property boasts an average rent of $1,287/unit and roughly 40% in rental upside to be captured in the future. All units have individual trash bins, all units are separately metered for gas and electricity and tenants' benefit from a gated entrance. The property is professionally managed and well maintained. Buyers are encouraged to verify accuracy of building records and data. Located north of West Vernon Avenue and east of South Western Avenue, the subject property is walking distance to multiple public transportation stops at the corner of South Normande Ave and West Vernon Avenue. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 1
  • Living Area: 3,640 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Sevak Keshishian

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Exiting off the 110 freeway, head westbound on W Vernon Avenue and turn right onto S Normandie Avenue. The subject property is situated on the left side of the street in between W Vernon Avenue and West 42nd Place.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,285,000
  • Price Per SqFt: $353/SqFt

Tax Information:

  • Annual Amount: $6,878
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

4307 S Normandie Ave vs Los Angeles

111 DAYS ON ROCKET

+73 Days

$1,285,000

+$261.5K More

$353/SqFt

-$288 Less

KEY TAKEAWAY

This property is $261.5K more than the Median Sold Price and $288/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: #24422513

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Sevak Keshishian

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: 11/22/2024, 2:20:51 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

Mar 01, 2013Home Sold
$909,091

Tax History

YEARPROP. TAXASSESSMENT
2021$6,878$506,245
2020$6,693$501,055
2019$6,609$491,232
2018$6,437$481,601
2017$6,437$472,159

History based on county public records data.

Payment Calculator

$6,481

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,919

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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-495765
5
/10

  • Normandie Avenue Elementary School

  • 4505 S Raymond Ave

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-495766
3
/10

  • Kipp Vida Preparatory Academy

  • 4410 S Budlong Ave

  • 0.30 miles

  • Public Charter Grades KG-4

school-card-donut-495767
4
/10

  • King Jr. Elementary School

  • 3989 S Hobart Blvd

  • 0.63 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,064. Residents of Los Angeles, CA typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4307 S Normandie Ave

What is the listing price of this property?

The listing price of 4307 S Normandie Ave property is $1,285,000.

What type of property is this?

The property 4307 S Normandie Ave is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Accepting Backup Offers: 4307 S Normandie Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,878 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 1, 2013 for $909,091. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4307 S Normandie Ave has 8 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 4307 S Normandie Ave is 3,640 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4307 S Normandie Ave is 1924.

Rocket Homes›California›Los Angeles County›Los Angeles›90037›4307 S Normandie Ave

This home is located at 4307 S Normandie Ave in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 3,640 square foot home, which was built in 1924, sits on a 0.15 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $1,285,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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