Property · 2 recorded sales since 2015
Listing Agent: Gary Fox (DRE #00847295) · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Errol Spiro · Miller & Desatnik Realty Co. · MLS #15929275 · Source: CRMLS
Price Reduction. Two buildings totaling 22 units on two R-3 lots. The combined square footage for both lots is 28,047 square feet. A developer has the potential to possibly build a 35 unit apartment building. 412 N. Norton Avenue (APN 5522-022-008) is comprised of Twelve 2-bedroom/1 bath units, with a monthly rental income of $11,428. The estimated total square footage of this building is 11,016 square feet. 424 N. Norton Avenue (APN 5522-022-009) is comprised of Ten 1 bedroom/1 bath units, with a monthly rental income of $8,861. The estimated total square footage of this building is 6,626 square feet. Both buildings must close concurrently and the asking price for both properties is $6,000,000.
Listing description from the November 2015 sale, as reported to CRMLS.