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7528 Norton Ave
West Hollywood, CA 90046
7528-7534 Norton Ave | 16-Unit Value-Add · Multifamily Property For Sale
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16 Units
Investment Highlights
- 5.61% CAP | 11.15 GRM | $364/SF | $299,688/Unit!
- 16-Unit: Two Adjacent 8-unit APT in Prime West Hollywood location just north of Santa Monica Blvd.
- Close proximity to great nightlife, shopping, restaurants
- Huge Rental Upside - Potential over 9.7% CAP
- Up to 7 Units could be delivered vacant
- High rent growth market and one of the most sought-after rental markets in Los Angeles
Property Facts
| No. Units | 16 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 13,171 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | C | ||
| Zoning | WDR2* | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 13,171 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Zoning | WDR2* |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,122,000 | |
| Land Assessment | $2,856,000 | Total Assessment | $3,978,000 |
Property Taxes
Parcel Numbers
Land Assessment
$2,856,000
Improvements Assessment
$1,122,000
Total Assessment
$3,978,000
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