10 beds 14 baths 5,477 sq. ft.
34.0915 -118.36499

8010 NORTON Avenue West Hollywood, CA 90046

Est. Monthly $16,271 recalculate
10 beds 14 baths 5,477 sf

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CENTURY 21 Troop Real Estate
137 East Thousand Oaks Blvd.
Suite 200
Thousand Oaks, CA 91360
CENTURY 21 Troop Real Estate
137 East Thousand Oaks Blvd. Thousand Oaks, CA 91360
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8010 NORTON Avenue
West Hollywood, CA 90046

Explore This Property

Multi-Family (2-4 Units) - 8010 Norton Avenue is an excellent opportunity to acquire a charming property in one of the best rental locations in prime West Hollywood. The property was built in 1923 and features old world vintage charm combined with modern amenities. Although the property has been substantially upgraded by ownership, there is still substantial upside in rents. The building consists of 14 units, with 4 of the 14 being non-conforming. The property has been owned and operated with these non conforming units for decades, and yearly rent registrations are paid for all 14 units. Priced at a GRM of 16.69 and a 4.07 CAP rate on current rents, and a GRM of 10.96 and a 7.13 CAP rate at market rents, the property is a perfect fit for any investor' s portfolio.DO NOT WALK ON PROPERTY OR DISTURB TENANTS. INSPECTION SUBJECT TO ACCEPTED OFFER. Buyer to conduct its own due diligence regarding non conforming units and property square footage.
MLS # 17224418
Courtesy Of RE/MAX Commercial & Investment

Property Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Parking Type: Driveway
  • Roof Type: Unknown
  • Rooms: Bedroom, Full Bath

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $16,271Your estimated monthly payment
    $640,00020% Down Payment
    $3,200,000 $2,880,000
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    Grades K-8 | Public School

    LOS ANGELES, CA 90046

    Total Students 300
    Student Teacher Ratio 15:1

    School Rating

    3 stars View School Details
    Middle School
    Grades 6-8 | Public School

    LOS ANGELES, CA 90038

    Total Students 820
    Student Teacher Ratio 17:1

    School Rating

    1 star View School Details
    High School
    Grades 9-12 | Public School

    LOS ANGELES, CA 90046
    7850 MELROSE AVE

    Total Students 2000
    Student Teacher Ratio 25:1

    School Rating

    4 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    West Hollywood Opportunity School 0.2 mi Public 9-12
    West Hollywood College Preparatory School 0.2 mi Private PRESCHOOL-12
    West Hollywood College Preparatory School 0.2 mi Private K-12
    Abc Little School 0.3 mi Private PRESCHOOL-1
    Westside Community Adult 0.6 mi Public -
    West Hollywood Children's Academy 0.7 mi Private PRESCHOOL-1
    Whitman Continuation School 0.8 mi Public 9-12
    Pacific Hills School 0.9 mi Private 6-12
    The Center For Early Education 0.9 mi Private PRESCHOOL-6
    Gardner Street Elementary School 0.9 mi Public K-6
    Rosewood Avenue Elementary School, School For Advanced Studies 0.9 mi Public K-6
    Lashon Academy 1.1 mi Public K-3
    Perutz Etz Jacob Hebrew Academy 1.1 mi Private K-8
    Temple Israel Of Hollywood Day School 1.1 mi Private K-6
    Yeshiva Ohr Elchonon Chabad 1.1 mi Private 9-12
    Melrose Elementary School 1.2 mi Public K-5
    Cheder Of Los Angeles 1.3 mi Private PRESCHOOL-8
    Maimonides Academy 1.3 mi Private PRESCHOOL-8

    Local Area Information for Los Angeles, CA 90046

    Median Age: 40.3
    Married: 21.6%
    Number of Households: 30,535
    Households with Children: 2,697
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Combined LA Westside Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.