1203 N Normandie Ave, Los Angeles, California 90029, Los Angeles, 90029 - 5 bed, 5 bath

1203 N Normandie Ave, Los Angeles, California 90029 home-pic-0
ACTIVE$1,395,000
1203 N Normandie Ave, Los Angeles, California 90029
5Beds
5Baths
2,373Sqft
4,153Lot

Price Vs. Estimate

The estimated value ($1,332,962.75) is $62,037.25 (4%) lower than the list price ($1,395,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating Potential: The property features a 1-bed/1-bath secondary unit with a kitchen and separate utility meters, offering significant rental income potential of up to $2,000/month or flexible multi-generational living.
Top Cons:
Age-Related Maintenance & Upgrades: Built in 1908, the property may require significant ongoing maintenance and potential costly updates to older infrastructure systems (e.g., plumbing, electrical, HVAC) not explicitly mentioned as recently addressed.

Compared to the nearby listings

Price:$1.40M vs avg $990.0K (+$405,000)76%
Size:2,373 sqft vs avg 1,600 sqft86%
Price/sqft:$588 vs avg $66929%

More Insights

Built in 1908 (117 years old).
Condition: Despite being built in 1908, this property has undergone an extensive and high-quality renovation. Both the main unit and the secondary unit feature fully updated kitchens with modern cabinetry, new stainless steel appliances, and contemporary countertops. All bathrooms are completely renovated with modern vanities, fixtures, and stylish tiling. New hardwood flooring, fresh paint, and updated light fixtures are present throughout, giving the entire property a virtually new and move-in ready feel with no visible deferred maintenance.
Year Built
1908
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$588
HOA
-
Days on market
-
Sold On
-
MLS number
250029527SD
Home ConditionExcellent
Features
Patio
ViewNone

About this home

Craftsman style home built in 1908 incorporating Tudor style architecture. The primary unit consists of a 4bed/3.5bath floor plan & has a 1bed/1bath secondary unit to the rear of the lot with a kitchen. The Primary unit has a bedroom & bathroom downstairs. The City of Los Angeles has Zoned the property as a Duplex with 2 detached units. Separate utility meters for each unit. The back unit can be rented out to a tenant or used as a Mother-in-Law opportunity. The income potential is up to $2,000/month in the back unit. The primary unit can qualify for a Co-living mortgage & all parties can share the monthly costs. Affordability has become a primary concern & this property will address those concerns with unique strategies. Randy Newman's song eloquently advertised "I Love LA" in the 1980's & you can't beat LA's eclectic style. The Hollywood "Walk of Fame", the Griffith Observatory & Paramount Pictures Studios are less than 3 miles from the property. Schools zoned for the property are Ramona Elementary, Joseph Le Conte Middle School & Helen Bernstein High School with STEM Academy of Hollywood. Listing Agent is looking to exceed your expectations.

Nearby schools

5/10
Kingsley Elementary School
Public,K-50.1mi
3/10
Ramona Elementary School
Public,K-60.2mi
/10
Lexington Avenue Primary Center
Public,K-20.7mi
7/10
Los Feliz STEMM Magnet
Public,K-60.8mi
4/10
Lockwood Avenue Elementary School
Public,K-60.8mi
4/10
Grant Elementary School
Public,K-60.8mi
6/10
Dayton Heights Elementary School
Public,K-51.1mi
4/10
Alexandria Avenue Elementary School
Public,K-51.1mi
3/10
Harvard Elementary School
Public,K-51.2mi
6/10
Van Ness Avenue Elementary School
Public,K-51.3mi
4/10
Frank Del Olmo Elementary School
Public,K-61.5mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,K-51.5mi
5/10
Cahuenga Elementary School
Public,K-51.6mi
6/10
Charles H. Kim Elementary School
Public,K-51.6mi
3/10
Joseph Le Conte Middle School
Public,6-81.0mi
6/10
Thomas Starr King Middle School
Public,6-81.2mi
5/10
Virgil Middle School
Public,6-81.5mi
4/10
Young Oak Kim Academy
Public,6-82.2mi
7/10
John Burroughs Middle School
Public,6-82.9mi
4/10
Helen Bernstein High School
Public,9-120.7mi
8/10
John Marshall Senior High School
Public,9-121.7mi
6/10
Hollywood Senior High School
Public,9-122.2mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,6-122.4mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,9-122.4mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,9-122.4mi
3/10
Belmont Senior High School
Public,9-123.1mi
7/10
Fairfax Senior High School
Public,9-123.5mi

Price History

Date
Event
Price
05/17/24
Sold
$998,000
02/13/18
Sold
$450,000
Condition Rating
Excellent

Despite being built in 1908, this property has undergone an extensive and high-quality renovation. Both the main unit and the secondary unit feature fully updated kitchens with modern cabinetry, new stainless steel appliances, and contemporary countertops. All bathrooms are completely renovated with modern vanities, fixtures, and stylish tiling. New hardwood flooring, fresh paint, and updated light fixtures are present throughout, giving the entire property a virtually new and move-in ready feel with no visible deferred maintenance.
Pros & Cons

Pros

Income-Generating Potential: The property features a 1-bed/1-bath secondary unit with a kitchen and separate utility meters, offering significant rental income potential of up to $2,000/month or flexible multi-generational living.
Duplex Zoning & Configuration: Officially zoned as a duplex by the City of Los Angeles with two detached units and separate utility meters, providing clear legal multi-unit status and ease of management for owners or investors.
Historic Architectural Charm: A unique Craftsman style home built in 1908, incorporating Tudor architecture, offering distinctive character, curb appeal, and a sense of historical value.
Strategic Financial Flexibility: The primary unit can qualify for a co-living mortgage, allowing multiple parties to share monthly costs, which broadens the potential buyer pool by addressing affordability concerns.
Prime Los Angeles Location: Located less than 3 miles from iconic Hollywood attractions such as the Walk of Fame, Griffith Observatory, and Paramount Pictures Studios, enhancing desirability and potential appreciation.

Cons

Age-Related Maintenance & Upgrades: Built in 1908, the property may require significant ongoing maintenance and potential costly updates to older infrastructure systems (e.g., plumbing, electrical, HVAC) not explicitly mentioned as recently addressed.
Limited Lot Size: With a lot size of 4153 sqft for a duplex in a dense urban area like Los Angeles, outdoor living space or future expansion possibilities may be constrained.
Potential for Undisclosed Condition Issues: The description highlights architectural style and income potential but lacks specific details on the current condition or recent renovations of major systems, which could imply deferred maintenance or 'as-is' sale considerations.

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