$2,990,000
$3,100,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 11/01/2019
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
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*
Interior
Cooling See Remarks
Fireplace No
Laundry See Remarks
Exterior
Parking Features 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
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
24251 Town Center Dr Suite 201, Valencia, California, 91355, United States