7506 Norton Avenue #7510, West Hollywood, CA 90046

West Hollywood
Local realty services provided by:Better Homes and Gardens Real Estate Champions
7506 Norton Avenue #7510,West Hollywood, CA 90046
$1,865,000
  • 6 Beds
  • 6 Baths
  • 2,665 sq. ft.
  • Multi-family
  • Active
Listed by: roderick 'rick' raymundo
Office: marcus & millichap818-212-2700
MLS#:26637909
Source:CRMLS

Price summary

  • Price:$1,865,000
  • Price per sq. ft.:$699.81

About this home

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....

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Home facts

  • Year built:1924
  • Listing ID #:26637909
  • Added:210 day(s) ago
  • Updated:August 13, 2026 at 11:09 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Living area:2,665 sq. ft.

Structure and exterior

  • Year built:1924
  • Building area:2,665 sq. ft.
  • Lot area:0.14 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$1,865,000
  • Price per sq. ft.:$699.81

Parking

  • Total parking spaces:5
  • Parking description:Assigned
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