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$ 3,100,000
Est. payment /mo
Active
695 S Norton Avenue Los Angeles, CA 90005
11,647 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 11,647 sqft
Price per Sqft $266
MLS Listing ID CL26651611
HOA Y/N No
Year Built 1965
Lot Size 7,043 Sqft
Acres 0.1617
Property Sub-Type Other
Property 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.
Location
State CA
County Los Angeles
Zoning LARD2
Interior
Heating Other
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Exterior
View Y/N true
View City Lights
Building
New Construction No
Others
Tax ID 5092007010
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Listed by H. Jason Yang • GAIA