West Hollywood, CA 90046,7964 Norton AVE
West Hollywood, CA 90046,7964 Norton AVE
West Hollywood, CA 90046,7964 Norton AVE
8
$2,260,000
$2,565,000
11.9%
Est.Price: ?

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10 BD
8 BA
6,428 SqFt

7964 Norton AVE West Hollywood, CA 90046

Est. payment /mo
SOLD DATE : 03/29/2023

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Key Details

Sold Price $2,260,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,428 sqft

Price per Sqft $351

MLS Listing ID 22221141

Sold Date 03/29/23

Bedrooms 10

HOA Y/N No

Year Built 1954

Lot Size 7,544 Sqft

Property Description

$230K 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 4.94% CAP (assuming market rents for 2 vacant units), 7.22% CAP on proforma rents, and $399/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. 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 or to coordinate showings.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR4*

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer

Exterior

Parking Features Detached Carport

Attached Garage No

Total Parking Spaces 5

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 5554013017

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Casey Lins • Kidder Mathews of California, Inc.
Bought with Ethan Moradifar • HomeSmart, Evergreen Realty

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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