NOT LISTED FOR SALE

5211 Normandie Ave Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $675,496

4 Beds
2 Baths
2,080 Sq Ft
$325/Sq Ft Est. Value

Last Sold January 27, 2020

Last sale price $530,500 $255 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,281/month

104 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • 1-Story Property

About This Home

As of January 2020

PRICE REDUCTION! STANDARD SALE! Great opportunity for first time buyers or Investors! In need of some TLC. Duplex is one building of over 2,000 sqft of living space and more than 5,300 sqft in lot size. Located in desirable area of Los Angeles. Each unit has 2 bedrooms 1 bath. This property is located on main street called Normandie Ave and is zoning located under mixed use for Office/Commercial/Residential. The possibilities here are endless! centrally located near transportations, shopping centers, schools including USC, and minutes from entertainment such as the new LAFC Stadium. Sellers are motivated.

Last Agent to Sell the Property

Carlos Chavez

Adriana Rayo License #02015192 Listed on: 08/30/2019

Co-Listed By

CARLOS CHAVEZ

Adriana Rayo License #01179414

Last Buyer's Agent

Ethan Cohen

Venetian Properties Inc. License #02042307

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,290

Year Built

  • Built in 1927

Lot Details

  • 5,323 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 3 / 8
  • Tax Tract Number 401
  • Assessor Parcel Number 5003009002

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $3,000
  • Water Sewer Expense $3,000
  • New Taxes Expense $2,460
  • Operating Expense $9,060
  • Gross Income $28,680
  • Net Operating Income $19,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,290

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 5003009002
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 255.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 5323.00
  • Lot Size Acres: 0.1222

Multi Family

  • Gross Income: 28680.00
  • Gross Scheduled Income: 28680.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5323.0000 Square Feet
  • Net Operating Income: 19620.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9060.00
  • Rent Control: Yes
  • Total Expenses: 9060.00

Tax Info

  • New Taxes Expense: 2460.00
  • Tax Block: 8
  • Tax Census Tract: 2326.00
  • Tax Lot: 3
  • Tax Tract Number: 401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Jan 28, 2020
Sold by
Cohen Joseph
Bought by
Joraco Llc
Seller's Agent
Carlos Chavez
Adriana Rayo
Buyer's Agent
Ethan Cohen
Venetian Properties Inc.
List Price
$565,000
Sold Price
$530,500
Premium/Discount to List
-$34,500
-6.11%
Current Estimated Value
$675,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,996
Avg. Annual Appreciation
5.74%

Purchase Details

Listed on
Aug 30, 2019
Closed on
Jan 20, 2020
Sold by
Rodriguez Rafael and Rodriguez Victoria
Bought by
Cohen Joseph
Seller's Agent
Carlos Chavez
Adriana Rayo
Buyer's Agent
Ethan Cohen
Venetian Properties Inc.
List Price
$565,000
Sold Price
$530,500
Premium/Discount to List
-$34,500
-6.11%

Purchase Details

Closed on
Sep 23, 1993
Sold by
Rodriguez Rafael and Rodriguez Victoria
Bought by
Rodriguez Rafael and Rodriguez Victoria
Source: Public Records

Range of Values:

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Average Value
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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
Joraco Llc -- None Available
Cohen Joseph -- None Available
Cohen Joseph $530,500 Lawyers Title Company
Rodriguez Rafael -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2020 01/27/20 Sold $530,500 -3.5% $255 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
11/26/2019 11/26/19 Price Changed $549,999 0.0% $264 / Sq Ft
11/04/2019 11/04/19 Price Changed $550,000 -2.7% $264 / Sq Ft
08/30/2019 08/30/19 For Sale $565,000 -- $272 / 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 $7,290 $580,174 $443,471 $136,703
2024 $7,290 $568,799 $434,776 $134,023
2023 $7,159 $557,647 $426,251 $131,396
2022 $6,841 $546,714 $417,894 $128,820
2021 $6,749 $535,995 $409,700 $126,295
2020 $2,650 $183,569 $124,171 $59,398
2019 $2,561 $179,971 $121,737 $58,234
2018 $2,462 $176,443 $119,350 $57,093
2016 $2,341 $169,593 $114,716 $54,877
2015 $2,311 $167,046 $112,993 $54,053
2014 $2,327 $163,775 $110,780 $52,995
Source: Public Records

Agents Affiliated with this Home

  • Carlos Chavez

    Seller's Agent in 2020

    Carlos Chavez

    Adriana Rayo

    (310) 863-5898

    31 Total Sales

    Carlos Chavez
    Section Image

  • E

    Buyer's Agent in 2020

    Ethan Cohen

    Venetian Properties Inc.

    (818) 708-8111

    Ethan Cohen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19209001

California Regional Multiple Listing Service (CRMLS)

APN: 5003-009-002

California Los Angeles County Los Angeles 90037 Vermont Square

5211 Normandie Ave, Los Angeles, CA

This home is located at 5211 Normandie Ave, Los Angeles, CA 90037 since 30 August 2019 and is currently estimated at $675,496, approximately $324 per square foot. This property was built in 1927. 5211 Normandie Ave is a home located in Los Angeles County with nearby schools including Western Avenue Technology Magnet, Normandie Avenue Elementary School, and Barack Obama Global Preparation Academy.

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

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