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7506 Norton Ave
West Hollywood, CA 90046

$1,720,000 USD

Apartments For Sale  •  3,006 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,665 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1924
  • Zoning WDR2*
60 Transit Score
80 Walk Score

Highlights

Attractive 5.82% Current CAP Rate with Significant, Proven Rent Upside
Outstanding West Hollywood Location – Walking Distance to Whole Foods Market, Trader Joe’s, Plummer Park
Desirable Bungalow-Style Units, Several of Which Have Been Substantially Upgraded
Prime Value-Add Opportunity – Current Rents Approximately 39% Below Market
Five Private Garages to Provide Additional Revenue Stream and Improve Rentability
No Seismic Retrofit Required (Buyer to Verify)

Property Flyers

Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
17 min - 7.3 mi
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 17 min - 7.3 mi
AirportDriveWalkDistance
Bob Hope 21 min - 10.0 mi
Los Angeles International 26 min - 12.2 mi
Long Beach (Daugherty Field) 43 min - 30.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: OneCarGarage
Included in Rent: Yes
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