NOT LISTED FOR SALE

4157 S Normandie Ave Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $2,137,000 - $3,408,000

18 Beds
16 Baths
6,624 Sq Ft
$421/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $2,910,000 $439 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $18,170/month

Highlights

  • New Construction
  • Laundry Room
  • Level Lot
  • No Units Above
  • Landscaped

About This Home

As of March 2022

Sold before processing.

Last Agent to Sell the Property

Elizabeth Maddox

Myunits.com Inc. License #01921425 Listed on: 03/30/2022

Co-Listed By

Ian Maddox

Myunits.com Inc. License #02030205

Last Buyer's Agent

Elizabeth Maddox

Myunits.com Inc. License #01921425 Listed on: 03/30/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $37,063

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,216 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Landscaped
  • Level Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 6,624 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 16 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 212
  • Assessor Parcel Number 5021016033
  • $309 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $2,650
  • Maintenance Expense $1,600
  • New Taxes Expense $34,198
  • Operating Expense $39,648
  • Gross Income $17,000
  • Net Operating Income $156,192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$37,063

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.37
  • Price Per Unit: 727500
  • Property Attached: Yes
  • Zoning: LARD1.5
  • New Construction: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5021016033
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Stories: 3
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: Three Or More
  • Price Per Square Foot: 439.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Level
  • Lot Size Sq Ft: 6216.00
  • Lot Size Acres: 0.1427

Multi Family

  • Gross Income: 17000.00
  • Gross Multiplier: 14.26
  • Gross Operating Income: 195840.00
  • Gross Scheduled Income: 204000.00
  • Insurance Expense: 2650.00
  • Lot Size Area: 6216.0000 Square Feet
  • Maintenance Expense: 1600.00
  • Net Operating Income: 156192.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 39648.00
  • Rent Control: No
  • Total Expenses: 39648.00
  • Vacancy Allowance: 8160

Tax Info

  • New Taxes Expense: 34198.00
  • Tax Census Tract: 2316.00
  • Tax Lot: 6
  • Tax Tract Number: 212
  • TaxOtherAnnualAssessmentAmount: 309.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Mar 21, 2022
Sold by
Soho Investment Group Llc
Bought by
New Vision Ozone Biz Llc
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
Elizabeth Maddox
Myunits.com Inc.
List Price
$2,910,000
Sold Price
$2,910,000
Current Estimated Value
$2,789,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,632
Avg. Annual Appreciation
-1.22%

Purchase Details

Listed on
Apr 30, 2020
Closed on
Aug 13, 2020
Sold by
Jones Seth N and Otha Jones Jr Family Trust
Bought by
Soho Investment Group Llc
Seller's Agent
Alexa Aimer
The Oppenheim Group
Buyer's Agent
Alexa Aimer
The Oppenheim Group
List Price
$649,900
Sold Price
$620,000
Premium/Discount to List
-$29,900
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
166.07%
Original Mortgage
$558,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2018
Sold by
Jones Otha
Bought by
Jones Otha and The Otha Jones Jr Family Trust

Purchase Details

Closed on
Jun 22, 2016
Sold by
Jones Otha
Bought by
Jones Otha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
4.49%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
New Vision Ozone Biz Llc $2,910,000 New Title Company Name
Soho Investment Group Llc -- New Title Company Name
Aynehchi Behrad Ben -- New Title Company Name
Soho Investment Group Llc $620,000 Wfg National Title Co Of Ca
Jones Otha -- None Available
Jones Otha -- Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soho Investment Group Llc $1,100,000
Previous Owner Soho Investment Group Llc $558,000
Previous Owner Jones Otha $585,000
Previous Owner Jones Otha $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $2,910,000 0.0% $439 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $2,910,000 +369.4% $439 / Sq Ft
09/01/2020 09/01/20 Sold $620,000 -3.9% $412 / Sq Ft
08/25/2020 08/25/20 Price Changed $645,000 0.0% $429 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
05/15/2020 05/15/20 Price Changed $645,000 -0.8% $429 / Sq Ft
04/30/2020 04/30/20 For Sale $649,900 -- $432 / 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 $37,063 $3,088,114 $1,236,307 $1,851,807
2024 $37,063 $3,027,564 $1,212,066 $1,815,498
2023 $36,346 $2,968,200 $1,188,300 $1,779,900
2022 $7,694 $632,400 $505,920 $126,480
2021 $7,596 $620,000 $496,000 $124,000
2020 $674 $37,603 $24,404 $13,199
2019 $658 $36,867 $23,926 $12,941
2018 $572 $36,145 $23,457 $12,688
2016 $531 $34,745 $22,548 $12,197
2015 $525 $34,224 $22,210 $12,014
2014 $538 $33,554 $21,775 $11,779
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Maddox

    Seller's Agent in 2022

    Elizabeth Maddox

    Myunits.com Inc.

    (818) 850-8485

    2 in this area

    115 Total Sales

    Elizabeth Maddox
    Section Image

  • I

    Seller Co-Listing Agent in 2022

    Ian Maddox

    Myunits.com Inc.

    (818) 859-7242

    1 in this area

    72 Total Sales

    Ian Maddox
    Section Image
  • Alexa Aimer

    Seller's Agent in 2020

    Alexa Aimer

    The Oppenheim Group

    (949) 306-5965

    68 Total Sales

    Alexa Aimer
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22063340

California Regional Multiple Listing Service (CRMLS)

APN: 5021-016-033

California Los Angeles County Los Angeles 90037 Vermont Square

4157 S Normandie Ave, Los Angeles, CA

This home is located at 4157 S Normandie Ave, Los Angeles, CA 90037 since 30 March 2022 and is currently estimated at $2,789,368, approximately $421 per square foot. This property was built in 2022. 4157 S Normandie Ave is a home located in Los Angeles County with nearby schools including Normandie Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes