$1,865,000

7506 Norton Avenue 7510, West Hollywood, CA 90046

  • 6 beds |
  • 6 baths |
  • 2,665 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon6,120sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $700/sqft
  • Property List Date Icon Listed 24 days ago

Property 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.

Listing Status:
Active
Date Added:
January 14, 2026
Data Last Updated:
February 8, 2026 at 4:18AM
Listing Office:
Marcus & Millichap : 818-212-2700
Listing Agent:
Roderick 'Rick' Raymundo : 213-943-1855
MLS ID:
26637909
  • Parking: AssignedParking spaces: 5
  • General: 1
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: WDR2*5530010011
  • Source: CRMLS_CL

Presented by Veterans United Realty

This listing courtesy of Roderick 'Rick' Raymundo , Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gardner Street Elementary

7450 Hawthorn Ave, Los Angeles, CA, 90046

Grades PK-5

0.56 miles away

W

West Hollywood Opportunity

1049 N Fairfax Ave, West Hollywood, CA, 90046

Grades 7-12

0.50 miles away

W

West Hollywood Opportunity

1049 N Fairfax Ave, West Hollywood, CA, 90046

Grades 7-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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