7953 Norton Avenue

West Hollywood, CA 90046

About this property

JNM Realty is proud to present on an exclusive basis, 7953 Norton Ave, an eight (8) unit property located in the heart of West Hollywood, west of Fairfax Ave. The property is comprised of two (2) identical buildings and a unit mix of eight (8) One-bedroom, one-bathroom units. One (1) unit will be delivered vacant at close presenting immediate upside for a buyer and approximately 80% upside to the in-place rents of the remaining units. The property has been well-kept and maintained under professional management during the owner's 20-year tenure. Offered at $287k/unit with approximately 80% potential upside to rents, this is one of the lowest priced 1920s buildings with the highest upside listed in the 90046 zip code. All offers are encouraged.

About this property

JNM Realty is proud to present on an exclusive basis, 7953 Norton Ave, an eight (8) unit property located in the heart of West Hollywood, west of Fairfax Ave. The property is comprised of two (2) identical buildings and a unit mix of eight (8) One-bedroom, one-bathroom units. One (1) unit will be delivered vacant at close presenting immediate upside for a buyer and approximately 80% upside to the in-place rents of the remaining units. The property has been well-kept and maintained under professional management during the owner's 20-year tenure. Offered at $287k/unit with approximately 80% potential upside to rents, this is one of the lowest priced 1920s buildings with the highest upside listed in the 90046 zip code. All offers are encouraged.

Features and Additional Information

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$2,295,000 Active
6,152 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
JNM Realty, INC.
1-310-746-5923
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Area Information

C10 West Hollywood Vicinity | Los Angeles County |

$ 2,295,000
This listing is play_arrow 252.3% higher than the average in the area
$ 651,500 in the area
6,152 SqFt
This listing is play_arrow 457.8% larger than the average in the area
1,103 SqFt in the area
$ 373 $/SqFt
This listing is play_arrow 36.8% less than the average in the area
$ 591 $/SqFt in the area
29 days on site
This listing is play_arrow 82.1% below the average in the area
162 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Demis Dokhanian
Brokerage: JNM Realty, INC.

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