8220 Norton Ave
WEST HOLLYWOOD, CA 90046

Property

Ownership: For Sale
Bedrooms: 25 BR
Bathrooms: 25
Area: 15039 sq ft
Lot Size: 0.35 Acres

Financials

Price:$6,950,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Remax Commercial and Investment Realty

Description

***MAY BE PURCHASED INDIVIDUALLY OR AS PART OF A PORTFOLIO WITH 2921 ARIZONA & 1140 N OGDEN*** We are proud to present 8220 Norton Avenue, a 19-unit apartment building ideally located in the heart of West Hollywood. This well-maintained and recently upgraded asset offers investors a rare opportunity to acquire a stabilized, turnkey multifamily property at a highly attractive cap rate in one of Los Angeles' most desirable and supply-constrained rental markets. The property features a highly desirable unit mix consisting of six spacious 2-bedroom, 2-bath units and thirteen well-appointed 1-bedroom, 1-bath units designed to attract a wide range of renters in the vibrant West Hollywood area. Recent capital improvements have significantly enhanced both the building's appearance and operational efficiency. Notable upgrades include a complete reroof, new water heater, exterior painting, renovated laundry room, and various interior unit renovations. Additionally, the property has completed its SB-721 balcony inspection, ensuring compliance and reducing future maintenance liabilities. Tenants enjoy an array of attractive amenities, including controlled, gated access, covered parking, a sparkling pool, and on-site laundry facilities. Select units offer in-unit washer/dryers and private patios or balconies. All units are outfitted with efficient appliances, including dishwashers and refrigerators, as well as window coverings and large closets that enhance comfort and convenience. Ideally situated just off Santa Monica Boulevard and within minutes of the Sunset Strip, the property is surrounded by premier dining, retail, nightlife, and employment hubs. With its strong unit mix, recent renovations, and prime West Hollywood location, 8220 Norton Avenue presents an outstanding opportunity for investors seeking immediate income and long-term appreciation potential in a high-demand rental market.

Neighborhood

8220 Norton Ave 25BR Hollywood Hills East La


CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.