695 S Norton Avenue, Los Angeles, CA 90005

$3,050,000
18
BD
17
BA
11,647
SqFt

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List Price
$3,050,000
Status
ACTIVE
MLS#
26866299
Year Built
1965
Bedrooms
18
Bathrooms
17
Living Sq. Ft
11,647
Lot Size
7,043
Acres
0.16
Days on Market
0
Property Type
Multifamily
Style
See Remarks
Stories
Multi Level

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.

Additional Information

Appliances
Refrigerator, Dryer, Washer
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
City Lights
Attached Structure
Detached
Number Of Units Total
9

Listing courtesy of Listing Agent: H. Jason Yang (jason@gaia-us.com) from Listing Office: GAIA.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.