NOT LISTED FOR SALE

731 N Normandie Ave Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $859,853 - $1,293,000

4 Beds
3 Baths
1,865 Sq Ft
$549/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $855,000 $458 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,398/month

104 Days on Market

Highlights

  • Bungalow
  • STEM Academy at Bernstein High Rated A-
  • 1-Story Property

About This Home

As of April 2024

This home is located at 731 N Normandie Ave, Los Angeles, CA 90029 since 01 November 2023 and is currently estimated at $1,023,463, approximately $548 per square foot. This property was built in 1912. 731 N Normandie Ave is a home located in Los Angeles County with nearby schools including Alexandria Avenue Elementary School, Helen Bernstein High School, and STEM Academy at Bernstein High.

Last Agent to Sell the Property

Richard Ringer

Richard J. Ringer Inc. License #01238308 Listed on: 11/01/2023

Co-Listed By

Nicole Lu

Maher Commercial Realty License #02045957

Last Buyer's Agent

Kirk Garibian

Berkshire Hathaway Home Servic License #01920206

Berkshire Hathaway Home Servic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,183

Year Built

  • Built in 1912

Lot Details

  • 6,604 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 1,865 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5520-001-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,183

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1865
  • Lot Acreage: 0.1516
  • Year Built: 1912
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 509.38

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Driveway - Concrete

Lot Info

  • Assessed Improvement Percent: 24.47
  • Assessed Improvement Value: 235883
  • Assessed Land Percent: 75.53
  • Assessed Land Value: 728025
  • Total Assessed Value: 963908
  • Assessor Parcel Number: 5520-001-006
  • Lot Size Area: 6604

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.85
  • Number Of Units: 3
  • Type Of Units: Apartment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
May 1, 2024
Sold by
Sarmiento Randy
Bought by
731 N Normandie Ave Llc
Seller's Agent
Richard Ringer
Richard J. Ringer Inc.
Buyer's Agent
Kirk Garibian
Berkshire Hathaway Home Servic
List Price
$1,000,000
Sold Price
$855,000
Premium/Discount to List
-$145,000
-14.5%
Views
70
Current Estimated Value
$1,023,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,463
Avg. Annual Appreciation
12.22%
Original Mortgage
$510,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2023
Closed on
Mar 19, 2024
Sold by
Chavez Jose
Bought by
Sarmiento Randy
Seller's Agent
Richard Ringer
Richard J. Ringer Inc.
Buyer's Agent
Kirk Garibian
Berkshire Hathaway Home Servic
List Price
$1,000,000
Sold Price
$855,000
Premium/Discount to List
-$145,000
-14.5%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2017
Closed on
Aug 24, 2018
Sold by
Cheng Fengmei
Bought by
Chavez Jose
Seller's Agent
Javier Montes
Century 21 Hollywood
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$899,000
Sold Price
$899,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.90%
Original Mortgage
$719,200
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 5, 2018
Sold by
Guardado Jose Luis and Jose Guardado Living Trust
Bought by
Chavez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,200
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 6, 2011
Sold by
Guardado Jose L
Bought by
Guardado Jose Luis and Jose Guardado Living Trust 201

Purchase Details

Closed on
May 26, 2011
Sold by
Guardado Jose L and Guardado Dora
Bought by
Guardado Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$597,000
Interest Rate
4.5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 11, 1996
Sold by
Trust Frankel Beatrice Tr Frankel Family
Bought by
Guardado Jose L and Perez Dora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,791
Interest Rate
8.11%
Mortgage Type
FHA
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
731 N Normandie Ave Llc -- None Listed On Document
Sarmiento Randy $855,000 Old Republic Title Company
Chavez Jose -- Lawyers Title Company
Chavez Jose $899,000 Lawyers Title Company
Guardado Jose Luis -- None Available
Guardado Jose L -- Stewart Title Of California
Guardado Jose L $145,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarmiento Randy $510,000
Previous Owner Chavez Jose $719,200
Previous Owner Guardado Jose L $597,000
Previous Owner Guardado Jose L $142,791
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2024 04/05/24 Sold $855,000 -10.0% $458 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $950,000 -5.0% $509 / Sq Ft
11/01/2023 11/01/23 For Sale $1,000,000 +11.2% $536 / Sq Ft
09/17/2018 09/17/18 Sold $899,000 0.0% $482 / Sq Ft View Prior Sale
06/16/2018 06/16/18 For Sale $899,000 0.0% $482 / Sq Ft
06/15/2018 06/15/18 Off Market $899,000 -- --
05/29/2018 05/29/18 Pending -- -- --
02/02/2018 02/02/18 Price Changed $899,000 -5.4% $482 / Sq Ft
11/07/2017 11/07/17 For Sale $950,000 +5.7% $509 / Sq Ft
10/25/2017 10/25/17 Off Market $899,000 -- --
03/25/2017 03/25/17 For Sale $950,000 -- $509 / 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 $12,183 $872,100 $612,000 $260,100
2024 $12,183 $983,185 $742,585 $240,600
2023 $11,953 $963,908 $728,025 $235,883
2022 $11,404 $945,008 $713,750 $231,258
2021 $11,261 $926,479 $699,755 $226,724
2019 $10,928 $899,000 $679,000 $220,000
2018 $2,639 $207,536 $83,013 $124,523
2017 $2,584 $203,468 $81,386 $122,082
2016 $2,506 $199,480 $79,791 $119,689
2015 $2,471 $196,485 $78,593 $117,892
2014 $2,500 $192,637 $77,054 $115,583
Source: Public Records

Agents Affiliated with this Home

  • Richard Ringer

    Seller's Agent in 2024

    Richard Ringer

    Richard J. Ringer Inc.

    (310) 666-3085

    1 in this area

    12 Total Sales

    Richard Ringer
    Section Image
  • Nicole Lu

    Seller Co-Listing Agent in 2024

    Nicole Lu

    Maher Commercial Realty

    (310) 710-1018

    1 in this area

    16 Total Sales

    Nicole Lu
    Section Image

  • K

    Buyer's Agent in 2024

    Kirk Garibian

    Berkshire Hathaway Home Servic

    (626) 665-3457

    1 in this area

    20 Total Sales

    Kirk Garibian
    Section Image

  • J

    Seller's Agent in 2018

    Javier Montes

    Century 21 Hollywood

    (323) 462-8489

    Javier Montes
    Section Image

  • S

    Buyer's Agent in 2018

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 23-327495

The MLS

APN: 5520-001-006

California Los Angeles County Los Angeles 90029 East Hollywood

731 N Normandie Ave, Los Angeles, CA

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