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1046 S. Norton Avenue
Los Angeles, CA 90019 ·

9 Units · Multifamily For Sale

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Multifamily Property For Sale

Price N/A Commission Split 2.5%
No. Units 9 Gross Rent Multiplier 12.82
Building Size 7,952 SF No. Stories 2
Property Type Multifamily Year Built 1962
Property Sub-type Garden/Low-Rise Lot Size 9,182 SF
Property Use Type Investment APN / Parcel ID 5081-010-008
Listing ID: 18503056 Date Created: 01/06/2014 Last Updated: 02/11/2014

Description

Classic 1960's building in Country Club Park area of Los Angeles Mid-City. Incredible two-story 3+2.5 vacant owner's unit available either to rent or for potential new owner to occupy. First time ever on the market. Several units offer decent rental upside. Building has good unit mix and parking. Close to all - easy commute to either West LA, Beverly Hills, Hollywood or Downtown. Terrific rental area. Projected rent is used for Apt. #1 for proforma purposes. Zoning: LAR3-1-0-HPOZ - (property is located within an Historic Preservation Overlay Zone). Please do not disturb tenants or walk on property. Seller to select services. (1) 3+2.5=$2,850; (4) 2+1=$935, $1146, $1166, $1167; (3) 1+1=$775, $887.86, $925 & (1) Bachelor + 1=$538.69.

East of Crenshaw & South of Olympic Boulevard

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1046 S. Norton Avenue, Los Angeles, CA 90019 (Los Angeles County)

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