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- LoopNet Team
311 S Norton Ave
Los Angeles, CA 90020
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 9,382 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 0.75/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | R2, Los Angeles | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 9,382 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | R2, Los Angeles |
AMENITIES
SITE AMENITIES
- Laundry Facilities
ABOUT 311 S NORTON AVE , LOS ANGELES, CA 90020
Incredible 8 unit apartment building in prime Hancock Park location. The property contains an excellent unit mix of 75% town home style units. The property consists of all very large 2 bedroom units and there is considerable rental upside. The property is well maintained and provides the astute investor the ability to capitalize on market rents that are significantly higher than current rents. The building is surrounded by mostly single family homes and is across the street from multi-million dollar residences. Walking distance to Larchmont Village. Amazing opportunity!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 8 | $2,127 | - |
PROPERTY TAXES
| Parcel Number | 5504-013-010 | Improvements Assessment | $750,000 |
| Land Assessment | $2,400,000 | Total Assessment | $3,150,000 |
PROPERTY TAXES
