7631 Norton Avenue, West Hollywood, CA 90046
List Price: $2.9M
Listing Status: Active
0Days on Market: 2
14 Bedrooms · 14 Bathrooms · 8,583 sq ft
Property Type: ResidentialIncome
Year Built: 1961
Lot Size: 6,272 sq ft
Garage Spaces: 10
MLS Number: 26989365
About This Property
We're is pleased to present 7631 Norton Avenue, a 10-unitmultifamily investment opportunity ideally located north of Santa Monica Boulevard in the heart of West Hollywood. The property features a desirable mix of generously sized one- and two-bedroom residences, offering spacious floor plans well suited to the area's strong and diverse renter base. Positioned in one of Los Angeles' most desirable and supply-constrained rental markets,7631 Norton Avenue provides residents exceptional access to the renowned dining, nightlife, shopping, entertainment and lifestyle amenities that define West Hollywood. Its central location offers convenient proximity to Santa Monica Boulevard and many of the area's most popular destinations, while retaining the appeal of a residential neighborhood setting. The property presents a compelling value-add opportunity, with meaningful upside in existing rents and the potential for a new owner to further enhance the asset through thoughtful building and unit improvements over time. Gated parking, secure building access, separately metered gas and electricity, and generously sized residences further enhance the property's long-term investment appeal. With its desirable north-of-Santa-Monica-Boulevard location, spacious residences, attractive unit mix and significant income-growth potential, 7631 Norton Avenue represents an excellent opportunity to acquire a well-located multifamily asset with substantial long-term value creation potential.
Listing provided by: Glenn Brander DRE #01020228 310-202-9166 gbrander@mdrealtycorp.com, Miller & Desatnik Realty Co.