933 S Norton Ave Active

Los Angeles,CA 90019

$ 1598000

12 Beds

10 Baths

7652 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,652 sqft

Price per Sqft $208

MLS Listing ID 25510147

Style Mid-Century

Bedrooms 12

Year Built 1958

Lot Size 8,367 Sqft

Acres 0.1921

Property Sub-Type Multi-Family

Property Description

We offer FOR SALE this value-add 10-unit two-story walkup apartment building in the Mid-City of Los Angeles. Built in 1958, the property offers 8 - one bedroom/one bath and 2 - two bedroom one bath apartments and according to the Los Angeles County Tax Assessors office, 7,652 square feet of building area. There are several very low rents providing very good future rental upside. There are two vacant units and a good possibility of a third, (please contact listing agent for more information on this.) The location is two blocks east of Crenshaw Blvd and just north of Olympic Blvd. This area enjoys a central locality and is close by car to Downtown Los Angeles, the Miracle Mile, Hollywood, Mid-Wilshire and Beverly Hills. This building is surrounded by a vast pool of traditional employers in almost every conceivable industry as well as educational institutions, government facilities and small businesses of every sort and kind. This contributes to the strong mandate for apartments to rent in the area on top of the already acute demand based on the existing housing supply imbalance. Please refrain from walking on the property and please do not disturb the tenants. For more information, please call the listing agent.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR1-1HPOZ

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling Wall/Window

Flooring Laminate, Carpet, Linoleum

Equipment None

Laundry Room

Exterior

Parking Features Carport

Garage Spaces 9.0

Waterfront Description None

View Y/N No

View None

Roof Type Composition, Shingle

Building

Lot Description Curbs

Story 2

Sewer In Street

Water District

Architectural Style Mid-Century

Level or Stories Two

Structure Type Stucco

Others

Special Listing Condition Standard

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