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    4718 Normandie Ave Los Angeles, CA 90037

    Sponsored
    For Lease
    $13 SF/Yr ($6,271 /Mo)

    Historic building, 2,800 sq ft available

    Lot size:
    5,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 2,800 square foot office space, situated within a larger 5,650 square foot mixed-use building, presents a unique opportunity in Los Angeles County. Located near the intersection of 48th street and Normandie ave, this traditional office space boasts a prime location. Built in 1914 and extensively renovated in 2016, the building offers a blend of historic charm and modern functionality. The space is part of a single-tenancy arrangement, providing privacy and control. Seven total parking spaces are available, with one assigned space in a gated rear lot. The asking rent is $1,500 per month. Prospective tenants must meet specific financial requirements, including a minimum FICO score of 705, verifiable income at least three times the monthly rent, and a favorable income-to-debt ratio. Please note that adjacent units are undergoing exterior repairs, anticipated to be completed within the next two months. The property sits on 12 acres of land and is a two-story building. Given its size, location, and price point, this property represents an exceptional value in the competitive Los Angeles market. A drive-by is recommended before contacting for further information.

    Property Features for 4718 Normandie Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,650 SF
    Total Rate
    6271.5

    Building Details

    Year Built/Renovated
    1914/2016
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    1,350 SF
    Rate per SF
    $13

    HighLights

    • 5,650 SF retail/office building on 12 acres in Los Angeles County.
    • Single‑tenant occupancy with 2,800 SF currently vacant.
    • Two‑story building, constructed in 1914 and renovated in 2016.
    • Seven parking spaces available; one assigned.
    • Located near the intersection of 48th Street and Normandie Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.30025843976
    Latitude
    34.000006546894

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    FAQs

    What type of property is this?
    Office Property / Space - Historic building, 2,800 sq ft available
    Where is this office property / space located?
    The property is located at 4718 Normandie Ave Los Angeles, CA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 5,650 SF retail/office building on 12 acres in Los Angeles County.; Single-tenant occupancy with 2,800 SF currently vacant.; Two-story building, constructed in 1914 and renovated in 2016.
    Request Owner's contact information
    4718 Normandie Ave Los Angeles, CA 90037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4718 Normandie Ave Los Angeles, CA 90037
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