NOT LISTED FOR SALE

Estimated Value: $975,000 - $1,219,000

6 Beds
4 Baths
2,928 Sq Ft
$374/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $850,000 $290 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,866/month

9 Days on Market

Highlights

  • Living Room
  • Ceiling Fan
  • Wall Furnace
  • Laundry Room
  • Carpet
  • 4-minute walk to Loren Miller Recreation Center

About This Home

As of January 2021

2710 S. Normandie Ave is in the highly desirable Adams-Normandie neighborhood located in the City of Los Angeles, Ca within the USC DPS Patrol Zone. This well situated 3 unit property offers an investor and/or owner-occupier to acquire a quality investment in a strong student rental market.
The subject property is comprised of two separate buildings with two units in the front and one unit in the rear. The unit mix consists of a large 4/2 in the front, a remodeled and vacant 1/1 upstairs, and detached 1/1 unit in the rear. There is also potential to convert a fourth unit downstairs. All other tenants are MTM. The building was built in 1924 with a total size of 2,928 SF, sitting on a large 6,012 SF lot zoned LA-R1.5. There is huge upside in the rents! Prime Location in Los Angeles near West Adams, USC, Expo Park, Downtown LA, Staples Center, LA Live, Metro Expo Line, 10/110 Freeways, Restaurants, & Shops.

Last Agent to Sell the Property

Brian Noh

Nohco Real Estate License #01438155 Listed on: 09/28/2020

Last Buyer's Agent

Sergio Orzynski

Keller Williams Pacific Estate License #01998128

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,275

Year Built

  • Built in 1924

Lot Details

  • 6,012 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,928 Sq Ft Home
  • Ceiling Fan
  • Living Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Assessor Parcel Number 5054006003

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,275

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5054006003
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Price Per Square Foot: 290.30
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6012.00
  • Lot Size Acres: 0.1380

Multi Family

  • Lot Size Area: 6012.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 2222.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Dec 31, 2020
Sold by
Hollyvale Rental Holdings Llc
Bought by
Linarte Hortensia
Seller's Agent
Brian Noh
Nohco Real Estate
Buyer's Agent
Sergio Orzynski
Keller Williams Pacific Estate
List Price
$849,000
Sold Price
$850,000
Premium/Discount to List
$1,000
0.12%
Current Estimated Value
$1,095,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,972
Avg. Annual Appreciation
5.96%
Original Mortgage
$595,000
Outstanding Balance
$533,375
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$580,534

Purchase Details

Closed on
Jan 3, 2019
Sold by
Wedgewood Intermediary I Llc
Bought by
Hollyvale R Ental Holdings Llc

Purchase Details

Closed on
Dec 14, 2018
Sold by
Million Dreams Inc
Bought by
Wedgewood Intermediary 1 Llc

Purchase Details

Closed on
Aug 9, 2016
Sold by
Campbell Mildred M
Bought by
Million Dreams Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2016
Sold by
Campbell Marquis V and Campbell Mildred M
Bought by
Campbell Mildred M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2016
Sold by
Campbell Dawm L and Campbell Revocable L Mildred M
Bought by
Campbell Marquis V and Campbell Mildred M

Purchase Details

Closed on
Mar 19, 2014
Sold by
Campbell Mildred M and The Mildred M Campbell Living
Bought by
The Mildred M Campbell Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2013
Sold by
Campbell Mildred M and Campbell Marquis V
Bought by
Campbell Midred M and Campbell Marquis V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2012
Sold by
Campbell Mildred M
Bought by
Campbell Mildred M and Campbell Revocable F Mildred M

Purchase Details

Closed on
Nov 11, 2003
Sold by
Espiritu Cheryl
Bought by
Campbell Mildred M

Purchase Details

Closed on
Sep 25, 2003
Sold by
Campbell Mildred M
Bought by
Espiritu Cheryl

Purchase Details

Closed on
Jun 11, 1999
Sold by
Jackson Mirian C
Bought by
Campbell Mildred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.01%

Purchase Details

Closed on
Mar 26, 1993
Sold by
Stitts Marvin
Bought by
Campbell Mildred
Source: Public Records

Range of Values:

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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
Linarte Hortensia $850,000 Fidelity Natl Ttl Co Torranc
Hollyvale R Ental Holdings Llc $650,000 None Available
Wedgewood Intermediary 1 Llc $650,000 None Available
Million Dreams Inc $550,000 North American Title Co Inc
Campbell Mildred M -- None Available
Campbell Marquis V -- None Available
The Mildred M Campbell Living Trust -- North American Title Co
Campbell Dawn L -- North American Title Co
Campbell Midred M -- Provident Title Company
Campbell Mildred M -- None Available
Campbell Mildred M -- --
Espiritu Cheryl -- --
Campbell Mildred -- Stewart Title
Campbell Mildred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linarte Hortensia $595,000
Previous Owner Hollyvale Rental Holdings Llc $30,000
Previous Owner Hollyvale Rental Holdings Llc $30,000,000
Previous Owner Million Dreams Inc $440,000
Previous Owner Million Dreams Inc $440,000
Previous Owner The Mildred M Campbell Living Trust $380,000
Previous Owner Campbell Midred M $250,000
Previous Owner Campbell Mildred $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2021 01/06/21 Sold $850,000 +0.1% $290 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $849,000 -- $290 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,275 $920,066 $595,337 $324,729
2024 $11,275 $902,026 $583,664 $318,362
2023 $11,064 $884,340 $572,220 $312,120
2022 $10,560 $867,000 $561,000 $306,000
2021 $9,913 $806,933 $604,942 $201,991
2020 $10,794 $798,660 $598,740 $199,920
2019 $2,521 $572,220 $400,554 $171,666
2018 $7,059 $561,000 $392,700 $168,300
2017 $6,911 $550,000 $385,000 $165,000
2016 $2,962 $222,874 $128,131 $94,743
2015 $2,922 $219,527 $126,207 $93,320
2014 $2,954 $215,227 $123,735 $91,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20202880

California Regional Multiple Listing Service (CRMLS)

APN: 5054-006-003