One-Bedroom Bungalow Apartment
For Sale
$1,865,000
7510-7506 Norton Ave, West Hollywood, CA
Multifamily property with semi-private bungalow apartments in a highly walkable West Hollywood setting.
Property Size2,665 SF
Price / SF$699.81
Days on Market232
Property Features for 7510-7506 Norton Ave
General Information
Standard status
Active
Size
2,665 SF
Property subtype
Residential Income
Financials
Cap Rate
6.17%
Gross Rent Multiplier
11.27
Listing Agency:
Marcus & Millichap
(818) 212-2700
Listed By:
Roderick 'Rick' Raymundo
(213) 943-1855
Source:
Exprealty
Added: Jan 14
Changed: Sep 2
Last Checked: Sep 2 at 2:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
Investment Insights
Based on property information with market context.
This multifamily property consists of multiple semi-private, one-bedroom bungalow apartments at 7510-7506 Norton Ave in West Hollywood. The configuration provides a distinct residential format within the apartment-building category, with several apartments already achieving established rental levels.
The property carries a Walk Score of 93 and is near Whole Foods Market, Trader Joe’s, and Plummer Park. The Grove, Beverly Hills, the Sunset Strip, Runyon Canyon, and destinations throughout Hollywood and West Hollywood are within a short driving distance. West Hollywood is also identified in the source information as a community where 80% of residents live in rental housing.
Reported investment metrics include a 6.17% cap rate and an 11.27 GRM.
The property carries a Walk Score of 93 and is near Whole Foods Market, Trader Joe’s, and Plummer Park. The Grove, Beverly Hills, the Sunset Strip, Runyon Canyon, and destinations throughout Hollywood and West Hollywood are within a short driving distance. West Hollywood is also identified in the source information as a community where 80% of residents live in rental housing.
Reported investment metrics include a 6.17% cap rate and an 11.27 GRM.
Key Highlights
- Multiple semi‑private, one‑bedroom bungalow apartments
- 6.17% cap rate
- 11.27 GRM
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,601
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with semi-private bungalow apartments in a highly walkable West Hollywood setting.
Where is this apartment building located?
The property is located at 7510-7506 Norton Ave West Hollywood, CA.
What is the asking price?
The asking price for this property is $1,865,000.
What are key features of this property?
This property features: Multiple semi‑private, one‑bedroom bungalow apartments; 6.17% cap rate; 11.27 GRM
