Seller's Agent in 2020
Seth Hamilton
Citivest Realty Services, Inc
(714) 397-6077
3 in this area
27 Total Sales
972 N Normandie Ave Los Angeles, CA 90029
East Hollywood NeighborhoodEstimated Value: $5,613,000
18
Beds
18
Baths
10,066
Sq Ft
$558/Sq Ft
Est. Value
Highlights
- New Construction
- Corner Lot
- Laundry Room
- STEM Academy at Bernstein High Rated A-
- No HOA
- Central Heating and Cooling System
About This Home
As of December 2020NORMANDIE 8 -
8 NEW CONSTRUCTION UNITS IN HOLLYWOOD -
We are pleased to announce a new construction 8 unit property with C of O issued, with five of the eight units leased. In addition to this offering, a matching new construction 16 unit property two parcels south is also available for sale from the same seller which can be purchased separately or as a part of this sale. If interested please contact us regarding either property. This luxury complex is comprised of four duplexes, totaling eight townhouse style units. The units are all generous in sizing with four units being three bedroom, two units being two bedroom, and two units being one bedroom (18 bed 16 bath in total), all of which have private laundry. A total of 16 on-site parking spots provide secure and private parking for all tenants. Each unit is equipped with separate meters for water, gas and electricity as well as an owner’s common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property is completed with drought tolerant landscaping, energy efficient building materials, appliances and fixtures presenting the buyer with a low maintenance, environmentally friendly property. The layouts of the units are spacious and only share a single wall with a single neighbor.
The combination of a strong Hollywood market, new construction units, and a turn-key warrantied property makes this a unique opportunity.
Last Agent to Sell the Property
Citivest Realty Services, Inc License #01897619 Listed on: 04/21/2020
Last Buyer's Agent
Citivest Realty Services, Inc License #01897619 Listed on: 04/21/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $52,236
Year Built
- Built in 2020 | New Construction
Lot Details
- 9,341 Sq Ft Lot
- No Common Walls
- Corner Lot
Parking
- 15 Car Garage
- Parking Available
- Assigned Parking
Interior Spaces
- 10,066 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 18 Bedrooms
- 18 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Urban Location
Utilities
- Central Heating and Cooling System
- Standard Electricity
- Private Water Source
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 114
- Tax Tract Number 597
- Assessor Parcel Number 5538004043
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 8 Units
Building Details
- 5 Leased Units
- 9 Separate Electric Meters
- 8 Separate Gas Meters
- 9 Separate Water Meters
- Electric Expense $480
- Insurance Expense $2,727
- Maintenance Expense $3,200
- Professional Management Expense $12,106
- Trash Expense $2,978
- Water Sewer Expense $1,202
- New Taxes Expense $49,026
- Operating Expense $73,720
- Net Operating Income $113,480
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 26, 2023
Sold by
Stephens Trust
Bought by
Ehrlich Normandie Lp
Current Estimated Value
Purchase Details
Closed on
Dec 18, 2023
Sold by
1979 Ehrlich Investment Trust
Bought by
Stephens Trust and Ickowicz
Purchase Details
Listed on
Apr 21, 2020
Closed on
Nov 6, 2020
Sold by
North Normandie Solutions Lp
Bought by
Laski Mortimer
Seller's Agent
Seth Hamilton
Citivest Realty Services, Inc
Buyer's Agent
Seth Hamilton
Citivest Realty Services, Inc
List Price
$4,499,000
Sold Price
$11,725,000
Premium/Discount to List
$7,226,000
160.61%
Purchase Details
Closed on
Aug 1, 2017
Sold by
North Normandie Solutions Llc
Bought by
North Normandie Solutions Lp
Purchase Details
Closed on
Jul 12, 2016
Sold by
Berberian Oncho G and Berberian Virginia V
Bought by
North Normandie Solutions Llc
Purchase Details
Closed on
Apr 1, 2003
Sold by
Berberian Oncho G and Berberian Virginia V
Bought by
Berberian Oncho G and Berberian Virginia V
Purchase Details
Closed on
Mar 12, 2002
Sold by
Berberian Oncho G and Berberian Virginia V
Bought by
Berberian Oncho G and Berberian Virginia V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 28, 1998
Sold by
Berberian Oncho
Bought by
Berberian Oncho G and Berberian Virgina V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 28, 1998
Sold by
Berberian Trust Berberian Oncho And Virginia
Bought by
Berberian Oncho G and Berberian Virginia V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 12, 1996
Sold by
Berberian Oncho G and Berberian Virginia V
Bought by
Berberian Oncho G and Berberian Virginia V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
8.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 1, 1996
Sold by
Berberian Oncho G and Berberian Virginia V
Bought by
Berberian Oncho G and Berberian Virginia V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
8.03%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ehrlich Normandie Lp | -- | None Listed On Document | |
| Stephens Trust | -- | None Listed On Document | |
| Laski Mortimer | $11,725,000 | First American Title Company | |
| North Normandie Solutions Lp | -- | None Available | |
| North Normandie Solutions Llc | $900,000 | North American Title Co Inc | |
| Berberian Oncho G | -- | -- | |
| Berberian Oncho G | -- | Fidelity Title | |
| Berberian Oncho G | -- | -- | |
| Berberian Oncho G | -- | Fidelity National Title | |
| Berberian Oncho G | -- | -- | |
| Berberian Oncho G | -- | Commonwealth Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | North Normandie Solutions Lp | $902,830 | |
| Previous Owner | Berberian Oncho G | $152,000 | |
| Previous Owner | Berberian Oncho G | $150,000 | |
| Previous Owner | Berberian Oncho G | $115,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/04/2020 12/04/20 | Sold | $11,725,000 | +180.8% | $1,165 / Sq Ft |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- |
| 10/12/2020 10/12/20 | Price Changed | $4,175,000 | -1.8% | $415 / Sq Ft |
| 09/01/2020 09/01/20 | Price Changed | $4,250,000 | -2.3% | $422 / Sq Ft |
| 07/02/2020 07/02/20 | Price Changed | $4,350,000 | -2.2% | $432 / Sq Ft |
| 06/22/2020 06/22/20 | Price Changed | $4,450,000 | -1.1% | $442 / Sq Ft |
| 04/21/2020 04/21/20 | For Sale | $4,499,000 | -- | $447 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $52,236 | $4,488,000 | $2,754,000 | $1,734,000 |
| 2024 | $52,236 | $4,244,831 | $2,546,899 | $1,697,932 |
| 2023 | $51,226 | $4,161,600 | $2,496,960 | $1,664,640 |
| 2022 | $48,507 | $4,080,000 | $2,448,000 | $1,632,000 |
| 2021 | $47,899 | $4,000,000 | $2,400,000 | $1,600,000 |
| 2020 | $25,682 | $2,084,059 | $987,339 | $1,096,720 |
| 2019 | $18,857 | $1,603,980 | $967,980 | $636,000 |
| 2018 | $11,003 | $918,000 | $918,000 | $0 |
| 2016 | $3,199 | $244,540 | $96,801 | $147,739 |
| 2015 | $3,155 | $240,867 | $95,347 | $145,520 |
| 2014 | $3,186 | $236,150 | $93,480 | $142,670 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20076896
APN: 5538-004-043
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.
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
- 901 N Alexandria Ave
- 1005 N Alexandria Ave
- 1045 N Ardmore Ave
- 917 N Ardmore Ave
- 954 N Kingsley Dr
- 942 N Kingsley Dr
- 801 N Alexandria Ave
- 816 N Normandie Ave
- 779 N Alexandria Ave
- 903 N Edgemont St
- 843 N Edgemont St
- 770 N Alexandria Ave
- 922 N Edgemont St
- 1108 N Kenmore Ave
- 832 N Edgemont St
- 1150 N Kingsley Dr
- 1165 N Normandie Ave
- 831 N Heliotrope Dr
- 803 N Kingsley Dr
- 1151 N Kingsley Dr
- 4982 Romaine St
- 4980 Romaine St
- 966 N Normandie Ave
- 962 N Normandie Ave
- 956 N Normandie Ave
- 4956 Romaine St Unit 107
- 4969 Romaine St Unit 9
- 4969 Romaine St Unit 8
- 4969 Romaine St Unit 2
- 969 N Mariposa Ave
- 963 N Mariposa Ave
- 1014 N Normandie Ave
- 4959 Romaine St
- 946 N Normandie Ave
- 955 N Normandie Ave
- 1020 N Normandie Ave
- 959 N Normandie Ave
- 951 N Mariposa Ave Unit 1/2
- 951 N Mariposa Ave Unit 3/4
- 951 N Mariposa Ave