7964 Norton Ave

West Hollywood, CA, 90046

$2,645,000

$411 per ft²
$2,645,000
$411 per ft²
Active
Active
 - For Sale
beds
10 Beds
baths
8 Baths
carpenters-square
6,428 ft²
property_type
Multi-family
calendar
Built 1954
$150K Price Reduction! 7964 Norton Ave, a 6-unit multi- family building, is located in the heart of West Hollywood and encompasses large units, outdoor areas, and 2 VACANT units. Priced at a 4.76% CAP (assuming market rents for 2 vacant units), 6.97% CAP on proforma rents, and $411/SF, the building is well positioned for an investor seeking a quality building within one of the hottest submarkets of Los Angeles. The building consists of (1) Two BD + Den + Two BA over 2,000SF in size which is currently VACANT, (2) One BD + One BA unit (the front unit has a large yard area), (1) Two BD + One and a Half BA (spacious upper unit with large balcony), and (2) Two BD + One BA (the VACANT rear unit with a private balcony is a stand-alone building). Unit amenities vary and some include a large yard area, a balcony, on-site laundry, massive unit sizes (the vacant two bedroom + den + two bathroom is 2,000+ SF), and even a stand-alone rear unit which is also vacant and renovated with a private balcony. The building consists of 6,428 SF located on 7,543 SF of WDR4 zoned land. Located within steps of Santa Monica Blvd, tenants are able to enjoy ease of access to various restaurants and nightlife venues, including Laurel Hardware, Employees Only, and La Boheme. Contact the listing broker for additional information.
MLS® ID:
22-221141
Listed:
11/27/22
Updated:
2/2/23
Keller Williams Realty
Grant Linscott

Interior Features

Total Bedrooms
10
Total Bathrooms
8
Cooling
None
Heating
Wall

Exterior/Building Features

Lot Size
7,543 ft² lot
Exterior Features
None

Other Property Details

Garage
No
Parking
Carport Detached
Parking Total
5.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
WDR4*

Property History

Date
Event
Price
Value
2/1/23
Active
-
-
2/1/23
Price Change
$2,645,000
-5%
1/3/23
Active Under Contract
-
-

Courtesy of Kidder Mathews of California, Inc., Casey Lins,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Grant Linscott shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/2/23

Keller Williams Realty
Grant Linscott
Contact