For Sale Multi-Family MLS# 26989365

7631 Norton Avenue

West Hollywood, CA 90046

$2,895,000

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About 7631 Norton Avenue

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.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1961
Stories
2
Living area
8,583 sqft
Price / sqft
$337
Lot
0.144
Original price
$2,895,000
MLS #
26989365

Exterior & lot

Features
Parking spaces: 10
Construction
2
Lot
WDR2*
Parking
Controlled Entrance, Covered, Garage
Garage spaces
10

Schools

District
Los Angeles Unified School District

Utilities

Security
Gated Community

Financial

Parcel
5530008031
Special conditions
Standard

Location

Area
C10 - West Hollywood Vicinity
County
Los Angeles
Directions
North of Santa Monica Blvd, West of Curson Ave

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Listed by Glenn Brander, Miller & Desatnik Realty Co.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.