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$ 2,895,000
Est. payment | /mo
14 Beds
14 Baths
8,583 SqFt
$ 2,895,000
Est. payment | /mo
14 Beds
14 Baths
8,583 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,583 sqft
Price per Sqft $337
MLS Listing ID 26989365
Bedrooms 14
HOA Y/N No
Year Built 1961
Lot Size 6,272 Sqft
Property Description
We're is pleased to present 7631 Norton Avenue, a 10-unitmultifamily investment opportunity ideally located north of Santa Monica Boulevard in the heart of West Hollywood. The property features a desirable mix of generously sized one- and two-bedroom residences, offering spacious floor plans well suited to the area's strong and diverse renter base. Positioned in one of Los Angeles' most desirable and supply-constrained rental markets,7631 Norton Avenue provides residents exceptional access to the renowned dining, nightlife, shopping, entertainment and lifestyle amenities that define West Hollywood. Its central location offers convenient proximity to Santa Monica Boulevard and many of the area's most popular destinations, while retaining the appeal of a residential neighborhood setting. The property presents a compelling value-add opportunity, with meaningful upside in existing rents and the potential for a new owner to further enhance the asset through thoughtful building and unit improvements over time. Gated parking, secure building access, separately metered gas and electricity, and generously sized residences further enhance the property's long-term investment appeal. With its desirable north-of-Santa-Monica-Boulevard location, spacious residences, attractive unit mix and significant income-growth potential, 7631 Norton Avenue represents an excellent opportunity to acquire a well-located multifamily asset with substantial long-term value creation potential.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR2*
Interior
Fireplace No
Exterior
Parking Features Controlled Entrance, Covered, Garage
Garage Spaces 10.0
Garage Description 10.0
Community Features Gated
Total Parking Spaces 10
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5530008031
Security Features Gated Community
Special Listing Condition Standard
Listed by Glenn Brander Miller & Desatnik Realty Co. #01020228