Property profile

4718 Normandie Ave Los Angeles, CA 90037

OFF-MARKET
Retail properties & Spaces
5,650 SF 12 ac lot Built 1914
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 1914
Total area 5,650 SF
Lot 12 ac (522,720 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4718 Normandie Ave Los Angeles, CA 90037
Los Angeles metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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