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695 Norton Avenue, Los Angeles, CA 90005
Priced at Only: $3,400,000
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Address: 695 Norton Avenue, Los Angeles, CA 90005
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  • MLS#: 26651611 ( )
  • Street Address: 695 Norton Avenue
  • Viewed: 2
  • Price: $3,400,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1965
  • Bldg sqft: 0
  • Days On Market: 25
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90005
  • Provided by: GAIA
  • Contact: H. Jason H. Jason
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Located in the heart of Wilshire Park, 695 S. Norton Avenue is a well maintained 9 unit building offering spacious floor plans and a true neighborhood feel just minutes from the center of Koreatown. The property features six large 2 bedroom, 2 bath units, two 2 bedroom units with dens and one studio, totaling approximately 11,650 square feet of living space. The generous layouts, with two bedroom units averaging over 1,300 square feet, continue to support strong tenant demand in this highly desirable rental pocket. Residents benefit from secured entry, gated parking, elevator access and a shared laundry room, all situated on a quiet residential street lined primarily with single family homes. With stable current income and clear potential for rental growth through thoughtful interior improvements over time, this property offers investors a rare combination of scale, location, and long term upside in one of Los Angeles' consistently strong multifamily markets.
Features
Appliances
  1. Refrigerator
Architectural Style
  1. See Remarks
Building Area Total
  1. 11647.00
Cooling
  1. Central Air
Country
  1. US
Heating
  1. Central
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. Multi/Split
Netoperatingincome
  1. 152647.00
Parcel Number
  1. 5092007010
Parking Features
  1. Assigned
Security Features
  1. Carbon Monoxide Detector(s)
  2. Smoke Detector(s)
  3. Gated Community
Sourcesystemkey
  1. 26651611:CLAW
Totalexpenses
  1. 109841.00
View
  1. City Lights
Year Built
  1. 1965
Zoning
  1. LARD2
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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