7506 Norton Ave Unit 7510 , West Hollywood, CA 90046
$1,865,000
Est. Payment: $9,384.39/mo
1 Bed
1 Bath
2665 Sqft
Status: active | Days on site: 178
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Available for an attractive 6.17% CAP Rate and 11.27 GRM, a new investor can benefit both from the property's strong immediate cash flow and from its substantial rent upside. With multiple apartments in the building already achieving rents of $3,000 per month, eventually bringing the remaining units to that rent level represents a potential 45% increase in revenue. According to recent reports from Niche.com, West Hollywood ranked #1 out of 111 neighborhoods in Los Angeles County among the Best Suburbs for Young Professionals, and ranked #2 in the entire state of California. With 80% of the West Hollywood population residing in rental housing, these semi-private one-bedroom bungalows are extremely attractive to this demographic, helping to boost both demand and rental rates. The property has earned a Walk Score of 93, which qualifies the immediate neighborhood as a "Walker's Paradise." Residents enjoy convenient access to the nearby Whole Foods Market, Trader Joe's, and Plummer Park. Within a short driving distance are The Grove, Beverly Hills, the Sunset Strip, Runyan Canyon, and numerous other destinations in both the Hollywood and West Hollywood areas.

Highlights

Listed by Roderick 'Rick' Raymundo , 213-943-1855 Marcus & Millichap , 818-212-2700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1924

County

Los Angeles

Area

C10 - West Hollywood Vicinity

Listing ID

26637909

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Lot Dimensions:50x130
Garage Capacity:5
Zoning:WDR2*
Others:2+ Total Units
Parking Features:Assigned
Principal Interest
$9,384
Taxes
$1,189

Home Price

$1,865,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$373,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,384.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,384.39 $1,188.94 $0.00 $10,573.32
Yearly $112,612.62 $14,267.25 $0.00 $126,879.87
Total $3,378,378.66 $428,017.50 $0.00 $3,806,396.16

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (West Hollywood, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-09T02:36:50.000Z

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