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    Norton Ave West Hollywood, CA 90046

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    For Sale
    $6,950,000

    Turnkey multifamily property in a desirable West Hollywood location.

    Property size:
    16,780 SF
    Lot size:
    0.35 Acres

    Property Features for Norton Ave

    General Information

    Standard status
    Active
    Size
    16,780 SF
    Lot size
    0.35 Acres

    Building Details

    Year built
    1960

    Source: REMAX COMMERCIAL AND INVESTMENT REALTY Agent JONATHAN TAKSA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Hollywood 19-Unit Apartment Building

    The property at Norton Avenue is a 19-unit apartment building located in West Hollywood. The building contains six 2-bedroom, 2-bath units and thirteen 1-bedroom, 1-bath units. Recent capital improvements include a complete reroof, a new water heater, exterior painting, a renovated laundry room, and various interior unit renovations. The property has completed its SB-721 balcony inspection. Tenant amenities include controlled, gated access, covered parking, a pool, and on-site laundry facilities. Select units offer in-unit washer/dryers and private patios. The building's size is 16780 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    West Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.366
    Latitude
    34.1068

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    FAQs

    What type of property is this?
    Apartment building - Turnkey multifamily property in a desirable West Hollywood location.
    Where is this apartment building located?
    The property is located at Norton Ave West Hollywood, CA.
    What is the asking price?
    The asking price for this property is $6,950,000.
    What are key features of this property?
    This property features: - Prime West Hollywood location in a supply-constrained rental market.; - Stabilized, turnkey 19-unit apartment building with attractive cap rate.; - Desirable unit mix: Six 2-bedroom/2-bath and thirteen 1-bedroom/1-bath units.
    Request Owner's contact information
    Norton Ave West Hollywood, CA 90046
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Norton Ave West Hollywood, CA 90046
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