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1029 S Normandie Ave, Los Angeles, CA, 90006

3beds
3baths
1,575sqft
$1,149,000
$730price/sqft
$7,866/moest. monthly cost
$314,640/yrincome needed

About This Home

SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. BRING YOUR 1031 EXCHANGE HERE. ** NOW WITH NEW LOWERED PRICE, LOOKING FOR A SERIOUS BUYER.** NO BETTER LOCATION & ACCESSIBILITY IN TOWN. OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT & TAKE IT QUICKLY THAN ANYONE ELSE. Current ownership purchased this property for $1,100,000.00 back in 2018. Motivated Seller. All serious offers will be considered. This DUPLEX, WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. REMODEL TO GET HIGHEST RENT POSSIBLE OR REDEVELOPMENT OPPORTUNITY!! LOCATION, LOCATION, LOCATION!! R-4/1 Zoning, Center of Normandie and Olympic Blvd. Great Location with Great Possibilities!! Land Value. 14 Units By-Right Buildable sq footage 9,720sf. & 26 Potential Units with TOC Tier 3, Maximum Buildable square footage: 17,310 sf., refer to attached Document. Buyer to verify all information. There are no approved plans or RTI. Buyer/developer to draw a new plan.

Getting Around

94
WalkingWalker's Paradise
66
TransitGood Transit
66
BikeBikeable

Schools

3/10
Berendo Middle SchoolGrades 6-80.3 mi

Construction

Condition

  • Year built: 1925

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,575
  • Total interior livable area: 1,575 sqft

Property

Details

  • Parcel number: 5078018007
  • Zoning: LAR4
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: One

Lot

  • Lot size: 5,906 sqft

Parking

  • Parking features: Assigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,809$69,708
Home Insurance *$261$3,132
Property Taxes $1,398$16,776
Electricity $398$4,786
Total$7,866$94,392
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$269,691/yr
40% on housing$235,980/yr
45% on housing$209,760/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$730This listing

vs Other Active Listings

Avg $/sqft

ZIP 90006$415
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90006$474
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Price change$1,149,000
2026-03-24Price change$1,090,000
2026-03-02Listed for sale$1,150,000
2026-02-25Contingent$1,150,000
2026-02-19Listed for sale$1,150,000
2026-01-19Listing removed$1,150,000
2025-11-18Listed for sale$1,150,000
2025-11-17Listing removed$1,150,000
2025-08-29Listed for sale$1,150,000
2025-08-29Listing removed$1,150,000
2025-02-17Price change$1,150,000
2024-10-23Listed for sale$1,288,000
2024-10-15Listing removed$1,288,000
2024-08-06Price change$1,288,000
2024-05-01Price change$1,288,888
2024-04-26Price change$1,288,000
2024-04-08Price change$1,199,000
2024-03-25Listed for sale$1,288,800
2024-03-21Listing removed--
2024-03-10Price change$1,288,800
2024-03-05Price change$1,288,888
2024-02-20Price change$1,190,000
2024-01-17Price change$1,299,000
2024-01-09Price change$1,190,000
2023-08-02Listed for sale$1,299,000
2018-03-30Sold$1,100,000
2010-06-02Sold$290,000
2010-01-15Sold$589,451
2007-04-11Sold$720,000
2007-03-08Sold$585,000

For Sale by Agent

AgentMax Lee
BrokerageReal Broker

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