#24439561, Bruce Mena, Listing Office: Renaissance Realty Group
$10,000
closing credit¹
1819 S Normandie Ave Los Angeles, CA 90006
Property details
About 1819 S Normandie Ave
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.
Highlights
Summary
- MLS Number: 24456627
- MLS Name: CRMLS
- 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: 2/1/2025, 8:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$990,000
1819 S Normandie Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 29, 2018 | Home Sold | $820,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $914,723 | $11,479 |
2023 | $896,788 | $11,265 |
2022 | $879,205 | $10,754 |
2021 | $861,966 | $10,608 |
2020 | $853,128 | $10,296 |
2019 | $836,400 | $2,506 |
2018 | $179,209 | $2,459 |
2017 | $175,696 | $2,459 |
History based on county public records data.
Nearby schools
4
Los Angeles Elementary
Public District KG-5
0.6 mi
•1211 S Hobart Blvd
7
24th Street Elementary School
Public District KG-4
0.7 mi
•2055 W 24th St
4
Magnolia Avenue Elementary School
Public District PK-5
0.8 mi
•1626 Orchard Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,118. Most Los Angeles, CA residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1819 S Normandie Ave
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 $990,000.
In January 2025, from all listings sold in Los Angeles, CA there were more than 294 sold above asking price, over 545 sold below and more than 161 were sold right at the asked price. In January 2025 in Los Angeles, CA there were 20.1% more homes for sale than in December. In January 2025 median list price was $1,035,435 and the average listing age was 45 days.