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7972 NORTON AVE West Hollywood, CA 90046
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Key Details
Sold Price $2,990,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 19501114
Sold Date 11/01/19
HOA Y/N No
Year Built 1958
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Opportunity to purchase a Multi-Family Portfolio of two apartment buildings in a prime West Hollywood area: 7972 Norton Ave and 733 N Hayworth Ave (see respective listing). 7972 Norton Ave is a two-story, 9-unit building constructed in 1958. It features on-site laundry, storage room and carport parking. The unit mix consists of two two-bedroom/two-bathroom units and seven one-bedroom units. Several units have balconies. Property is ideally situated in the heart of West Hollywood with easy access to transit and LA's employment hubs. Primarily a residential community with a lively retail & tourism commercial corridor along Santa Monica Boulevard. Rent growth accelerated over the last year in the area and there is a steady growth in demand.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR4*
Rooms
Ensuite Laundry See Remarks
Interior
Laundry Location See Remarks
Cooling See Remarks
Fireplace No
Laundry See Remarks
Exterior
Garage Attached Carport, Detached Carport
Parking Type Attached Carport, Detached Carport
Building
Story 2
Others
Tax ID 5554013016
Energy Description 861.0
Special Listing Condition Standard
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Bought with Andrew C Lee • Advance Investments Group, Inc