Jordan Petito, Listing Office: Keller Williams Beverly Hills
#24447547·
Listing Office: Newmark Residential·
Listing Agent: David Ghermezian·
Listing Office Phone: 310-528-5565
854 S Normandie Ave Los Angeles, CA 90005
$4,650,000 List price
0.3 acres
Land
Property details
About 854 S Normandie Ave
854 S Normandie Avenue is an attractive development opportunity for a developer looking to build a new multi-family project in a well established apartment market with good demographics that are becoming stronger. The property allows for up to 90 affordable housing units by using AB 2334 state law which provide multiple bonus incentives for a 100% affordable housing project. Preliminary plans have been prepared for 90 affordable housing units using modular construction, which can reduce construction timelines by approximately 50%. It's in an excellent Koreatown location just south of Wilshire Boulevard, nearby to abundant amenities. and is within blocks of Metro Rail Stations for the B line at Wilshire/Vermont, and D line at Wilshire/Western and Wilshire/Normandie
Highlights
Home typeOther
StatusActive
Lot size0.3039 Acres
MLS #24447547
Summary
- MLS Number: 24447547
- MLS Name: CRMLS
- Office Name: Newmark Residential
- Office Phone: (310) 528-5565
- Listing Agent: David Ghermezian
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: 1/21/2025, 6:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,650,000
854 S Normandie Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 26, 2017 | Home Sold | $3,000,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $3,216,604 | $39,413 |
| 2020 | $3,183,623 | $38,254 |
| 2019 | $3,121,200 | $37,917 |
| 2018 | $3,060,000 | $3,373 |
| 2017 | $176,003 | $3,373 |
History based on county public records data.
Nearby schools
3
RFK Community Schools - Ambassador School of Global Education
Public District KG-5
0.2 mi
•3201 W 8th St
4
Hobart Boulevard Elementary School
Public District KG-5
0.4 mi
•980 S Hobart Blvd
4
Los Angeles Elementary
Public District KG-5
0.6 mi
•1211 S Hobart Blvd
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 $34,107. The most common annual income of people living in Los Angeles, CA is less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
52%
<35k
40%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
17%
Single, with Kids
14%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
32%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Ross Dress For Less
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
Jack In The Box
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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Frequently asked questions
About 854 S Normandie Ave
This home is located at 854 S Normandie Ave in Los Angeles, CA and zip code 90005 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 1, 2024 and is currently priced at $4,650,000.
In December 2024, from all listings sold in Los Angeles, CA there were more than 524 sold above asking price, over 740 sold below and more than 203 were sold right at the asked price. The number of homes for sale in Los Angeles, CA decreased by 5.3% between November and December 2024. The median list price of listings available in December 2024 was $1,026,634, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.