8-Bedroom Residential Income - 7953 Norton Avenue, West Hollywood, CA

$2,295,000

7953 Norton Avenue, West Hollywood, CA

7953 Norton Avenue, West Hollywood, CA 90046 - $2,295,000 · 8 bd 8 ba Multi-Family Home for Sale, photo 3

7953 Norton Avenue, West Hollywood, CA 90046 - $2,295,000 · 8 bd 8 ba Multi-Family Home for Sale, photo 4

7953 Norton Avenue, West Hollywood, CA 90046 - $2,295,000 · 8 bd 8 ba Multi-Family Home for Sale, photo 5

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Description

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 $275k/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.

Property details

Bedrooms

Bathrooms

Square feet

6,152

Year built

1923

Property type

Residential Income

Lot size

7,412 sqft

Location

7953 Norton Avenue • West Hollywood, CA 90046

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Listed by

Demis Dokhanian · JNM Realty, INC.

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Closed sales reported in 90046, nearest first, last 12 months. All recent sales in West Hollywood →