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601 N Normandie Ave Los Angeles, CA, 90004
$2,999,000 Commercial for sale Other
We are pleased to present for sale this Fully Remodeled, mid-rise, true pride of ownership 9-unit multi-family apartment complex located in the East Hollywood area at 601 North Normandie Avenue. ALL 9 UNITS WILL BE DELIVERED VACANT AT COE! All New Plumbing, All New Electrical, New Fire Sprinkler System, New Roofing, All New Dual Pane Windows, New Central A/C & Heating units, All New Energy Saving LED recessed lights, New smooth stucco, New doors, New Iron handrails, New Kitchen. Built in 1990, this property is a truly unique investment opportunity that is not subject to Los Angeles City Rent Stabilization Ordinance rent control. Amenities include central heating and air, granite counter tops, vinyl floors, controlled access, gated, tankless water heaters, separately metered for gas and electric, stainless steel appliances, sprinkler system, secured parking for approximately 12 spaces, laundry facilities on premises. The subject property sits on a lot size of approximately 7,353 square feet and the building square feet is approximately 5,724 square feet. Unit mix consists of nine (9) one bedroom, one bath apartments, currently used as Short Term Rentals. Call Listing Agents for details and showings. Smack middle Hollywood and Downtown LA. Few blocks away from Mid-Wilshire, close t
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Property details
5,724 sqft interior area
Land area
7,355 sqft (0.17 acres)
Days on Verhouse
33
Address
601 N Normandie Ave, Los Angeles, CA, 90004
City of California
Los Angeles
County
Los Angeles
Year Built
1990
District
Listing
Nearby major retailers
Costco
T-Mobile
Albertsons
Trader Joe's
Whole Foods Market
Toyota
Wholesale: 1
Mobile phone: 7
Supermarket: 10
Car: 2
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Interior Features
—
Amenities
Other
Listed by
Salar Farshchi Tabrizi, Equity Union
Name
Salar Farshchi Tabrizi
License number
02095885
Brokerage company
Equity Union
MLS #
CRSR24074723
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Calculate your monthly payments
Mortgage
$9,208
Taxes
$0
HOA dues
$0
Mortgage
$599,800 / 20%
2.28%
30 years
Your amount
$9,208 / month
Lot details
TMK #5520002046
Parcel nr.
5520002046
90004 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90004
39%
Families with children
National average: 39%
53%
Non family households
703,396
Population
$80,630
Average Income
Age & gender
Median age 36 years
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Commute types
68% commute by car
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Education level
27% have bachelor education
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Number of employees
1% work in retail trade
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Vehicles available
49% have 1 vehicle
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Vehicles by gender
49% have 1 vehicle
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Housing market insights for
$1.61m
Neighborhood average
sales price*
sales price*
$1.3m
Neighborhood median
sales price*
sales price*
684
Number
of sales*
of sales*
Housing type
38% are apartments
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Rooms
40% of the houses have 2 or 3 rooms
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Bedrooms
39% have 2 or 3 bedrooms
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Owners vs Renters
81% are renters
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11.67 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Apr 16, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 16, 2024 | New Listing | $2,999,000 -21.06% | 0 | MLS #CRSR24074723 |
| Nov 22, 2023 | Unavailable | $3,799,000 | 0 | MLS #CL23330771 |
| Nov 9, 2023 | New Listing | $3,799,000 | 0 | MLS #CL23330771 |
Taxes of 601 N Normandie Ave, Los Angeles, CA, 90004
LAR3 zoning / MLS #CRSR24074723
Zoning
LAR3
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Frequently Asked Questions about 601 N Normandie Ave
What is 601 N Normandie Ave?
601 N Normandie Ave is a Commercial/Industrial propertywith 5,724 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
601 N Normandie Ave, Los Angeles, CA, 90004.
What comparable properties are nearby?
Comparable nearby commercial properties include 508 N Ardmore Ave, 639 N Alexandria Ave, 4720 Clinton St, 542 N Kenmore Ave, 933 N Mariposa Ave, 4067 Beverly Blvd.
Based on information from the bridgeMLS as of 05-18-2024. 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. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 22, 2024
Verhouse Last checked 10 minutes ago
The closest grocery stores are Smart & Final, 0.67 miles away and Jon's Marketplace, 0.7 miles away.
The 90004 zip area has a population of 703,396, and 39% of the families have children. The median age is 36.05 years and 68% commute by car. The most popular housing type is "apartment" and 81% is renter.
