NOT LISTED FOR SALE

4351 Normal Ave Los Angeles, CA 90029

East Hollywood Neighborhood
15 Beds
12 Baths
9,544 Sq Ft
9,303 Sq Ft Lot

Last Sold July 29, 2024

Last sale price $2,100,000 $220 Per Sq Ft

121 Days on Market

About This Home

As of July 2024

Great opportunity to buy a 12 unit apartment building in Virgil Village with upside potential. This is a renovated apartment building in a prime location. Ten of the apartments have been updated as well as the common areas. There has been work done to the major systems including bolting the foundation and the exterior was just painted. The property features an excellent unit mix and is located in one of the most dynamic neighborhoods in Los Angeles. Close to Sqirl, Courage bagels, and all of the hotspots on the Eastside.

Last Agent to Sell the Property

Thomas Hilal

Nourmand & Associates-BH License #01354379 Listed on: 01/15/2024

Nourmand & Associates-BH

Co-Listed By

Mike Nourmand

Nourmand & Associates-BH License #01281017

Last Buyer's Agent

Chase Simonton

RE/MAX One License #01766871

RE/MAX One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 9,303 Sq Ft Lot
  • Lot Dimensions are 60x155

Interior Spaces

  • 9,544 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 12 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5539-010-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 9544
  • Lot Acreage: 0.2135
  • Lot Dimensions: 60x155
  • Stories: 2
  • Year Built: 1918
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 12.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 256.71

Exterior Features

  • Other Structures: None

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 34.86
  • Assessed Improvement Value: 931456
  • Assessed Land Percent: 65.14
  • Assessed Land Value: 1740207
  • Total Assessed Value: 2671663
  • Assessor Parcel Number: 5539-010-016
  • Lot Size Area: 9303

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.49
  • Number Of Units: 12
  • Type Of Units: Apartments

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2024 07/29/24 Sold $2,100,000 -14.3% $220 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $2,450,000 -5.6% $257 / Sq Ft
04/05/2024 04/05/24 For Sale $2,595,000 0.0% $272 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $2,595,000 0.0% $272 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $2,595,000 +8.4% $272 / Sq Ft
05/06/2016 05/06/16 Sold $2,395,000 -16.0% $251 / Sq Ft View Prior Sale
01/07/2016 01/07/16 For Sale $2,850,000 -- $299 / 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 $34,862 $2,100,000 $1,100,000 $1,000,000
2024 $34,862 $2,779,597 $1,810,511 $969,086
2023 $34,200 $2,725,096 $1,775,011 $950,085
2022 $32,640 $2,671,663 $1,740,207 $931,456
2021 $32,211 $2,619,279 $1,706,086 $913,193
2019 $31,264 $2,542,552 $1,655,484 $887,068
2018 $31,116 $2,492,718 $1,623,024 $869,694
2016 $23,628 $1,888,365 $1,218,300 $670,065
2015 $23,293 $1,860,000 $1,200,000 $660,000
2014 $3,371 $177,267 $99,406 $77,861
Source: Public Records

Agents Affiliated with this Home

  • Thomas Hilal

    Seller's Agent in 2024

    Thomas Hilal

    Nourmand & Associates-BH

    (310) 486-1065

    1 in this area

    86 Total Sales

    Thomas Hilal
    Section Image
  • Mike Nourmand

    Seller Co-Listing Agent in 2024

    Mike Nourmand

    Nourmand & Associates-BH

    (310) 666-3294

    3 in this area

    108 Total Sales

    Mike Nourmand
    Section Image
  • Chase Simonton

    Buyer's Agent in 2024

    Chase Simonton

    RE/MAX

    (310) 383-5927

    5 in this area

    85 Total Sales

    Chase Simonton
    Section Image

  • B

    Seller's Agent in 2016

    Bryan Glenn

    Kidder Mathews of California, Inc.

    (858) 369-3010

    1 in this area

    15 Total Sales

    Bryan Glenn
    Section Image
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Map

Source: The MLS

MLS Number: 24-347747

The MLS
California Los Angeles County Los Angeles 90029 East Hollywood

4351 Normal Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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