695 S Norton Avenue, Los Angeles, CA 90005
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
695 S Norton Avenue,Los Angeles, CA 90005
$3,600,000
- 18 Beds
- 17 Baths
- 11,647 sq. ft.
- Multi-family
- Active
Listed by:william james
Office:lyon stahl investment real estate, inc.
MLS#:25572123
Source:CRMLS
Price summary
- Price:$3,600,000
- Price per sq. ft.:$309.09
About this home
695 S. Norton Avenue is a rare 9-unit multifamily investment opportunity located in the heart of Wilshire Park, one of Koreatown's most desirable neighborhoods. Encompassing 11,647 rentable square feet, the property offers exceptionally large units with the two bedrooms averaging approximately 1,375 square feet each. The well-balanced unit mix includes six (6) spacious 2-bedroom, 2-bath units; two (2) 2-bedroom, 2-bath units with dens; and one (1) Studio unit. All residences are situated above a gated, subterranean parking garage with 13 spaces. Additional property features include secured entry with intercom access, gated underground parking, an elevator, and a shared laundry facility. With approximately $130,000 in rental upside (representing a 50% loss-to-lease), a new owner will have the opportunity to add significant value through interior renovations as units turn. Positioned just off Wilshire Boulevard, between the Wilshire/Western and Wilshire/La Brea Metro stations, the property offers tenants seamless connectivity to both Downtown Los Angeles and the Westside.
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Home facts
- Year built:1965
- Listing ID #:25572123
- Added:57 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:18
- Total bathrooms:17
- Living area:11,647 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1965
- Building area:11,647 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$3,600,000
- Price per sq. ft.:$309.09
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