1206 N Normandie Avenue, Los Angeles, California 90029, Los Angeles, 90029 - 3 bed, 2 bath

1206 N Normandie Avenue, Los Angeles, California 90029 home-pic-0
ACTIVE$1,098,000
1206 N Normandie Avenue, Los Angeles, California 90029
3Beds
2Baths
1,945Sqft
6,752Lot

Price Vs. Estimate

The estimated value ($757,052.81) is $340,947.19 (31%) lower than the list price ($1,098,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income Potential & Versatility: The property includes a detached 1-bedroom, 1-bath guest house with its own kitchen, offering significant potential for rental income, accommodating extended family, or serving as a dedicated workspace. A separate recreational room further enhances flexibility.
Top Cons:
Significant Price Discrepancy: The listing price of $1,098,000 is considerably higher than the estimated property value of $757,052.81, representing a -31% estimation ratio, which may raise questions about market competitiveness.

Compared to the nearby listings

Price:$1.10M vs avg $990.0K (+$108,000)57%
Size:1,945 sqft vs avg 1,600 sqft71%
Price/sqft:$565 vs avg $66924%

More Insights

Built in 1916 (109 years old).
Condition: Despite being built in 1916, the property has undergone extensive recent renovations. The listing explicitly states a 'newly remodeled kitchen,' 'upgraded flooring,' 'brand-new windows,' and a 'luxurious upgraded bathroom with a glass-tile shower and a separate soaking tub.' These significant updates bring the property's key components to current quality standards, indicating a virtually new condition in these critical areas.
Year Built
1916
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$565
HOA
-
Days on market
-
Sold On
-
MLS number
25508871
Home ConditionExcellent
Features
Patio
View-

About this home

In the heart of Hollywood, welcome to this updated, one-of-a-kind residence. This stunning 2-bedroom, 1-bath home features a cozy fireplace, a newly remodeled kitchen, upgraded flooring, and brand-new windows that fill the space with natural light. The upgraded bathroom has a luxurious glass-tile shower and a separate soaking tub, creating a spa-like retreat. The property includes a 2 detached 1-bedroom, 1-bath guest house with its own kitchen, perfect for guests, extended family, or rental income. A separate recreational room provides additional flexibility for a home office, studio, or entertainment space. Step outside into an expansive private sanctuary, where lush landscaping and fruit-bearing mango, avocado, lime, and orange trees create a peaceful escape from city life. This outdoor haven is ideal for both relaxation and entertaining. Just steps away from premier shopping, theaters, restaurants, and shops, this home offers unmatched convenience in a vibrant and sought-after location. A rare opportunity to own a versatile and stylish Hollywood property that seamlessly blends privacy, modern upgrades, and a prime location. Don't miss your chance to make this exceptional home yours!

Nearby schools

3/10
Ramona Elementary School
Public,K-60.1mi
5/10
Kingsley Elementary School
Public,K-50.2mi
/10
Lexington Avenue Primary Center
Public,K-20.7mi
7/10
Los Feliz STEMM Magnet
Public,K-60.7mi
4/10
Lockwood Avenue Elementary School
Public,K-60.8mi
4/10
Grant Elementary School
Public,K-60.9mi
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,6-81.1mi
5/10
Virgil Middle School
Public,6-81.4mi
4/10
Young Oak Kim Academy
Public,6-82.2mi
7/10
John Burroughs Middle School
Public,6-83.0mi
4/10
Helen Bernstein High School
Public,9-120.8mi
8/10
John Marshall Senior High School
Public,9-121.6mi
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
11/06/98
Sold
$175,000
Condition Rating
Excellent

Despite being built in 1916, the property has undergone extensive recent renovations. The listing explicitly states a 'newly remodeled kitchen,' 'upgraded flooring,' 'brand-new windows,' and a 'luxurious upgraded bathroom with a glass-tile shower and a separate soaking tub.' These significant updates bring the property's key components to current quality standards, indicating a virtually new condition in these critical areas.
Pros & Cons

Pros

Income Potential & Versatility: The property includes a detached 1-bedroom, 1-bath guest house with its own kitchen, offering significant potential for rental income, accommodating extended family, or serving as a dedicated workspace. A separate recreational room further enhances flexibility.
Prime Hollywood Location: Situated in the heart of Hollywood, the home offers unmatched convenience, being just steps away from premier shopping, theaters, restaurants, and shops, indicating high walkability and desirability.
Extensive Modern Upgrades: The main residence features a newly remodeled kitchen, upgraded flooring, brand-new windows, and a luxurious upgraded bathroom with a glass-tile shower and separate soaking tub, minimizing immediate renovation needs for a buyer.
Private Outdoor Oasis: An expansive private sanctuary with lush landscaping and fruit-bearing mango, avocado, lime, and orange trees creates a unique and peaceful escape from city life, ideal for relaxation and entertaining.
Generous Lot Size: With a lot size of 6,752 sqft, the property offers ample outdoor space, providing more room for landscaping, privacy, and potential future enhancements compared to many urban properties.

Cons

Significant Price Discrepancy: The listing price of $1,098,000 is considerably higher than the estimated property value of $757,052.81, representing a -31% estimation ratio, which may raise questions about market competitiveness.
Age of Property: Built in 1916, despite updates, the property's age could imply potential for unforeseen maintenance issues related to older infrastructure (e.g., plumbing, electrical systems not explicitly mentioned as fully replaced) and potentially higher insurance costs.
Main House Configuration: The main house is a 2-bedroom, 1-bath configuration, which might be less appealing to larger families or those seeking more primary living space within a single structure, despite the additional guest house.

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