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Active 42 days on market

8130 Norton Avenue

Los Angeles, CA 90046

$9,350,000

8130 Norton Avenue
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+20 more
23Beds
0Baths
20,631Sq Ft
0.39Acres
1959Built

About This Home

Rarely does an investment opportunity of this caliber arise in the heart of West Hollywood, one of Los Angeles' most coveted rental submarkets. This impeccably maintained 27-unit complex offers a sophisticated blend of vintage architectural charm and modern infrastructure, perfectly positioned to capture the high-income demographics of this supply-constrained neighborhood. The property boasts a highly functional and balanced unit mix - comprising (4) studios, (19) one-bedrooms, and (4) two-bedrooms - ensuring consistent cash flow through a strategic combination of steady turnover and long-term stability. Units are thoughtfully appointed with engineered wood flooring, upgraded double-pane windows, and improved sliding doors; eleven units feature private balconies, while select residences offer upgraded HVAC systems, including central air or Mitsubishi mini-splits. Perhaps the most significant competitive advantage is the expansive parking, offering 28 spaces (32 total spots), a rare luxury that far exceeds local standards and simplifies urban living for residents. On-site amenities further elevate the tenant experience, including a refreshing pool, controlled access, and owner-owned laundry facilities providing an additional revenue stream of approximately $400 per month. With primarily copper plumbing, separately metered utilities, and a reliable water heating system (including a 2017-installed 100-gallon unit), the property is engineered for low-maintenance ownership. Residents enjoy unparalleled proximity to the Sunset Strip, world-class entertainment studios, and the premier job centers of Beverly Hills and Century City, making this a true trophy asset for any discerning portfolio.

Property Details

Property TypeResidentialIncome
Year Built1959
Living Area20,631 sq ft
Lot Size0.39 acres
Bedrooms23
Bathrooms0 full
Parking Total32
HeatingWallFurnace
PoolNo
MLS #1158809454
Days on Market42 days

Location

Listed by

Saadia 'Sam' Liberow

Marcus & Millichap

MLS# CLW-C119946

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

8130 Norton Avenue | Los Angeles, CA | Leeper Realty Group