#OC25006038, Drew Dunn, Listing Office: Four Brothers Real Estate, Inc.
#BB25020643·
Listing Office: Myunits.com Inc.·
Listing Agent: Elizabeth Maddox·
Listing Office Phone: 818-850-8485
$3,490,000 List price
632 N Normandie Ave Los Angeles, CA 90004
0.2 acres
Multi-Family
Property details
About 632 N Normandie Ave
632 N Normandie Ave is a fully leased fourplex offering an exceptional (and real) 6.24% cap rate and gross annual income of $290,784. Fully occupied by tenants under a fully managed room for rent model (COMPLETELY HANDS OFF FOR BUYERS!), the property benefits from consistent, reliable, and subsidized rental income. With built-in annual rent increases, management already in place, and a multi-year rental contract, this asset is poised to deliver substantial income for years with essentially no work or hassle. Sit back, collect rent, and watch this centrally-located property appreciate in value! 632 N Normandie Ave consists of four spacious, beautifully designed 4-bedroom, 4.5-bathroom tri-level townhome-style units in an outstanding location minutes from the center of Hollywood. The excellent location, combined with the modern construction and upscale finishes make these townhomes ultra-rentable in both the current model, as well as a standard rental model. These premium townhomes feature thoughtfully designed floorplans with large, tenant-friendly kitchens and living areas, as well as luxury touches, including designer tiles, stainless steel appliances, numerous balconies, modern cabinetry, ample closets, waterproof natural wood vinyl flooring, and abundant natural light throughout. There are 8 parking spots on site, a key feature for new constructions. Additionally, the property offers separate meters for all utilities, ensuring minimal operating expenses, and is backed by a 1-year builder’s warranty for added peace of mind. With its unparalleled income, modern amenities, and fully leased status, 632 N Normandie Ave is an exceptional investment opportunity that stands out in the East Hollywood market. Don’t miss your chance to secure this rare find—contact us today!
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1585 Acres
Year builtNew Const., 2024
ParkingAssigned
MLS #BB25020643
ViewCity Lights, Neighborhood
Summary
- MLS Number: BB25020643
- MLS Name: CRMLS
- Office Name: Myunits.com Inc.
- Office Phone: (818) 850-8485
- Listing Agent: Elizabeth Maddox
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: 3/15/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,490,000
632 N Normandie Ave
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 14, 2020 | Home Sold | $1,060,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,874,371 | $35,236 |
| 2023 | $1,114,247 | $13,720 |
| 2022 | $1,092,400 | $13,087 |
| 2021 | $1,070,981 | $12,925 |
| 2020 | $84,468 | $1,310 |
| 2019 | $82,812 | $1,212 |
| 2018 | $81,189 | $1,191 |
| 2017 | $79,598 | $1,191 |
History based on county public records data.
Nearby schools
6
Alexandria Elementary School
Public District KG-5
0.3 mi
•4211 Oakwood Ave
5
Harvard Elementary
Public District KG-5
0.4 mi
•330 N Harvard Blvd
3
Ramona Elementary
Public District KG-6
0.6 mi
•1133 N Mariposa 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 $63,587. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
20%
<35k
55%
35k-100k
23%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
36%
Single, No Kids
21%
Single, with Kids
20%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
10%
12-17 yrs old
31%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Ross Dress For Less
Foot Locker
Where do the neighbors go to eat?
Boston Market
Jack In The Box
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 632 N Normandie Ave in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $3,490,000.
In February 2025, from all listings sold in Los Angeles, CA there were more than 212 sold above asking price, over 280 sold below and more than 105 were sold right at the asked price. The number of listings in Los Angeles, CA increased by 10.8% between January and February 2025. In February 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $989,396.
From Rocket Homes Real Estate and based on county public records data.