Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

8

Building size

6,152 sqft

Lot size

7,412 sqft

Year built

1923

Stories

2

Heating

Central

Status

Active

Days on market

18

MLS #

247633271

About this property

JNM Realty is proud to present on an exclusive basis, 7953 Norton Ave, an eight (8) unit property located in the heart of West Hollywood, west of Fairfax Ave. The property is comprised of two (2) identical buildings and a unit mix of eight (8) One-bedroom, one-bathroom units. One (1) unit will be delivered vacant at close presenting immediate upside for a buyer and approximately 80% upside to the in-place rents of the remaining units. The property has been well-kept and maintained under professional management during the owner's 20-year tenure. Offered at $287k/unit with approximately 80% potential upside to rents, this is one of the lowest priced 1920s buildings with the highest upside listed in the 90046 zip code. All offers are encouraged.

Location

7953 Norton Avenue

West Hollywood, Los Angeles, CA, 90046