7506 Norton Avenue 7510, West Hollywood, CA 90046
- 6 beds |
- 6 baths |
- 2,665 sqft
Multi-Family Home
Built in 1924
6,120sqft lot
—— car garage
$700/sqft
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

- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Gardner Street Elementary
7450 Hawthorn Ave, Los Angeles, CA, 90046
Grades PK-5
0.56 miles away
West Hollywood Opportunity
1049 N Fairfax Ave, West Hollywood, CA, 90046
Grades 7-12
0.50 miles away
West Hollywood Opportunity
1049 N Fairfax Ave, West Hollywood, CA, 90046
Grades 7-12
0.50 miles away



