NOT LISTED FOR SALE

1036 N Normandie Ave Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $1,390,000 - $2,166,000

13 Beds
8 Baths
3,971 Sq Ft
$460/Sq Ft Est. Value

Last Sold October 18, 2018

Last sale price $1,229,000 $309 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $11,067/month

169 Days on Market

About This Home

As of October 2018

Great upside potential on this conveniently located fourplex! Four townhouse units, three bedrooms two baths each. Low maintenance building with long standing tenants. All units have tankless water heaters. Tenants have been renting the units for at least 8+ years and are very stable. Buyer to cooperate with seller on a 1031 exchange at no additional cost to buyer. Tenants are not aware at this time that the units are for sale, please do not approach tenants, property shown with accepted offer only!

Last Agent to Sell the Property

Victoria Berenbau

Power Brokers License #00688895 Listed on: 02/20/2018

Last Buyer's Agent

Linda Manheim

Coldwell Banker Realty License #01966723

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,658

Year Built

  • Built in 1964

Lot Details

  • 4,950

Home Design

  • 3,971 Sq Ft Home

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 8 Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking

Additional Features

  • 4,950 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5538-001-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,658

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Great upside potential on this conveniently located fourplex! Four townhouse units, three bedrooms two baths each. Low maintenance building with long standing tenants. All units have tankless water heaters. Tenants have been renting the units for at least 8+ years and are very stable. Buyer to cooperate with seller on a 1031 exchange at no additional cost to buyer. Tenants are not aware at this time that the units are for sale, please do not approach tenants, property shown with accepted offer only!
  • Living Area: 3971
  • Year Built: 1964
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 13
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 327.12

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 1

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 286394
  • Assessed Land Value: 254573
  • Assessor Parcel Number: 5538-001-010
  • Geocode Override: No
  • Lot Size Area: 4950

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 16.90
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 6000
  • Type Of Units: Town houses
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2018
Sold by
Skupinsky Gamma and Skupinsky Tatyana
Bought by
Paper Planes Realty Llc
Current Estimated Value
$1,825,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$921,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2009
Sold by
Skupinsky Gamma
Bought by
Skupinsky Gamma and Skupinsky Tatyana

Purchase Details

Closed on
Mar 27, 2002
Sold by
Mangali Efren
Bought by
Skupinsky Gamma and Skupinsky Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.18%

Purchase Details

Closed on
Jun 29, 1999
Sold by
Mangali Rafael P
Bought by
Mangali Efren

Purchase Details

Closed on
Feb 18, 1999
Sold by
Chan Tony
Bought by
Mangali Rafael F and Mangali Josefina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,273
Interest Rate
7.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Paper Planes Realty Llc $1,229,000 First American Title Company
Skupinsky Gamma -- None Available
Skupinsky Gamma $425,000 First American Title Co
Mangali Efren -- First American Title Ins Co
Mangali Efren -- --
Mangali Rafael F $260,000 Stewart Title Company
Mangali Josefina B -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paper Planes Realty Llc $921,750
Previous Owner Skupinsky Gamma $340,000
Previous Owner Mangali Rafael F $258,273
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2018 10/18/18 Sold $1,229,000 -5.4% $309 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $1,299,000 -- $327 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,658 $1,370,967 $813,211 $557,756
2024 $16,658 $1,344,086 $797,266 $546,820
2023 $16,338 $1,317,733 $781,634 $536,099
2022 $15,582 $1,291,896 $766,308 $525,588
2021 $15,379 $1,266,566 $751,283 $515,283
2019 $14,921 $1,229,700 $729,000 $500,700
2018 $6,985 $552,485 $259,664 $292,821
2016 $6,643 $530,361 $249,582 $280,779
2015 $6,549 $522,396 $245,834 $276,562
2014 $6,594 $512,164 $241,019 $271,145
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Victoria Berenbau

    Power Brokers

    Section Image

  • L

    Buyer's Agent in 2018

    Linda Manheim

    Coldwell Banker Realty

See All Agents

Map

Source: The MLS

MLS Number: 18-315692

The MLS

APN: 5538-001-010

California Los Angeles County Los Angeles 90029 East Hollywood

1036 N Normandie Ave, Los Angeles, CA

This home is located at 1036 N Normandie Ave, Los Angeles, CA 90029 since 20 February 2018 and is currently estimated at $1,825,660, approximately $459 per square foot. This property was built in 1964. 1036 N Normandie Ave is a home located in Los Angeles County with nearby schools including Ramona Elementary School, Joseph Le Conte Middle School, and STEM Academy at Bernstein High.

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