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3982 S Normandie Ave, Los Angeles, CA 90037

List Price: $749,000On Market FlagOn market
May 16, 20252,160 sqft4 beds2 baths
Listed by: Nathan Bishop
License #: 01924217
Phone #: 310-746-7663
Carolwood Estates
Source:
CRMLS Logo
MLS #: 25536651

Property Description

Presenting a prime investment opportunity in the heart of Los Angeles! This multi-family property, located at 3982 S Normandie Ave, is perfect for savvy investors looking for a well-maintained asset with growth potential. Situated in a high-demand neighborhood, this property boasts two spacious units within a 2,160 sq ft structure, set on a generous 5,881 sq ft lot. The property Built in 1923, the property has undergone extensive renovations, including updates to the roof, flooring, bathrooms, and fencing in full compliance with Los Angeles Housing Authority standards. The opportunity for expansion or redevelopment is high, as the property is zoned LARD1.5, offering the flexibility to grow or modernize the building further. Big Garage in back that can be a ADU to bring extra income. Interior viewing upon acceptance of offer.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,482

TurboHome Estimated Value

$723,900

$335 sqft

High Valuation
$760,095
$352/sqft
Normal Valuation
$723,900
$335/sqft
Low Valuation
$687,705
$318/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$335/sqft$723,900

Neighborhood: South Los Angeles

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Comparative Value

$468K

$659K

$749K

$825K

$850K

$875K

4164 S Normandie Ave, Los Angeles, CA 90037

Sale Price: $468,000

Selected Comparable

3787 S La Salle Ave, Los Angeles, CA 90018

Sale Price: $658,500

Selected Comparable

3982 S Normandie Ave, Los Angeles, CA 90037

List Price: $749,000

Subject Property

1209 W 40th Pl, Los Angeles, CA 90037

Sale Price: $825,000

Selected Comparable

4247 Kenwood Ave, Los Angeles, CA 90037

Sale Price: $850,000

Selected Comparable

4318 Halldale Ave, Los Angeles, CA 90062

Sale Price: $875,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
3982 S Normandie Ave, Los Angeles, CA 90037

3982 S Normandie Ave, Los Angeles, CA 90037

List: $749,000

Listed: 5/16/2025

Area:2,160 sqft
Price/sqft:$347
Beds:4
Baths:2
Year Built:
Lot Size:5,873

Comparable Properties

COMPARABLE
Choose comps
1209 W 40th Pl, Los Angeles, CA 90037

1209 W 40th Pl, Los Angeles, CA 90037

Sale: $825,000

6/26/20250.23 mi

Area:1,944 sqft
Price/sqft:$424
Beds:4
Baths:2
Year Built:
Weight:22.5%
4164 S Normandie Ave, Los Angeles, CA 90037

4164 S Normandie Ave, Los Angeles, CA 90037

Sale: $468,000

7/17/20250.28 mi

Area:2,340 sqft
Price/sqft:$200
Beds:4
Baths:3
Year Built:
Weight:20.4%
3787 S La Salle Ave, Los Angeles, CA 90018

3787 S La Salle Ave, Los Angeles, CA 90018

Sale: $658,500

9/10/20240.55 mi

Area:1,877 sqft
Price/sqft:$351
Beds:4
Baths:2
Year Built:
Weight:19.2%
4247 Kenwood Ave, Los Angeles, CA 90037

4247 Kenwood Ave, Los Angeles, CA 90037

Sale: $850,000

10/28/20240.40 mi

Area:1,776 sqft
Price/sqft:$479
Beds:4
Baths:2
Year Built:
Weight:19.0%
4318 Halldale Ave, Los Angeles, CA 90062

4318 Halldale Ave, Los Angeles, CA 90062

Sale: $875,000

8/14/20240.51 mi

Area:1,835 sqft
Price/sqft:$477
Beds:4
Baths:2
Year Built:
Weight:18.9%

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