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412 N NORTON Avenue, Los Angeles, CA 90004

Property · 2 recorded sales since 2015

412 N NORTON Avenue, Los Angeles, CA 90004 Sold November 2015 CRMLS
$5,000,000Sold November 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

28,047 sqft
Lot Size
1926
Year Built
Property
Type
SeeRemarks
Cooling

About this property

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.

Sale history

$5,000,000
Sold November 2015 · listed $5,475,000, orig. $6,000,000, on market August 2015 · MLS #15929275 · Source: CRMLS
Listing Agent: Gary Fox · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Errol Spiro · Miller & Desatnik Realty Co.
$5,000,000
Sold November 2015 · listed $5,475,000, orig. $6,000,000, on market August 2015 · MLS #15929285 · Source: CRMLS
Listing Agent: Gary Fox · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Errol Spiro · Miller & Desatnik Realty Co.
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