1184 N Normandie Avenue, Los Angeles, California 90029, Los Angeles, 90029 - bed, bath
1184 N Normandie Avenue
Los Angeles, California 90029
Property Price
SUMMARY
Analysis of 1184 N Normandie Avenue, Los Angeles, California 90029 is currently available with a list price of $3,299,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a brand-new 2024 ground-up construction. As a newly completed 5-unit townhouse project, all components including kitchens, bathrooms, appliances, HVAC systems, and electrical (including paid-off solar) are new and meet modern quality standards with zero deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Investment Yield Potential
As a brand-new 2024 construction, this 5-unit building is exempt from local rent control (RSO), allowing investors to achieve market-rate rents and benefit from minimal maintenance requirements for years to come.
- Sustainable Energy & Low Overhead
The property features fully paid-off solar panels and separate meters for water, gas, and electricity, significantly reducing landlord expenses and enhancing the net operating income.
- Superior Unit Density and Parking
With nearly 9,000 square feet of rentable space, high bedroom-to-bathroom ratios, and an exceptional 12-car parking capacity, the property is perfectly positioned to attract high-quality tenants in a dense Hollywood submarket.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 8977, other record living area = 1188.
- Underperforming Local Schools
The majority of the assigned public schools in the immediate area have lower ratings (ranging from 3 to 5), which may deter long-term family tenants who prioritize high-performing educational districts.
- Limited Outdoor Common Area
Given the high-density footprint of two 3-story buildings and a 12-car parking area on a 6,752 square foot lot, there is very little remaining space for shared green areas or outdoor tenant amenities.
About 1184 N Normandie Avenue
BRAND NEW CONSTRUCTION!!! This beautiful new ground up construction features a 5-unit townhouse style apartment building located in Hollywood! Conveniently located, close to the Griffith Observatory, Hollywood Sign, and DTLA and so much more. Property is composed of two 3-story buildings with an immense 8,977 SQFT of rentable space with enough parking space for 12 cars. Front 2 units each have 3 bedrooms and 4 bathrooms. Rear 3 units have 4 bedrooms and 5 bathrooms. NO RENT CONTROL and new construction means little to no maintenance for years to come. Separate water, gas, and electrical meters to make it ideal for any investor. PAID OFF SOLAR PANELS to help minimize the electrical bill.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2024
- Lot Size
- 6,752 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ramona Elementary School
Grades K-6 • 0.1 mi
Kingsley Elementary School
Grades K-5 • 0.2 mi
Lexington Avenue Primary Center
Grades K-2 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 2024 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Mar 1, 2026
$3,299,000
Initial Listing
Sold
Dec 21, 2023
$1,255,000
Public Record
Sold
Aug 11, 2023
$1,065,000
Public Record
Sold
Oct 31, 2000
$179,000
Public Record