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Nicole Darwin

nicole.darwin@engelvoelkers.com +1(707) 330-4357

$ 1,598,000

Est. payment -/mo

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933 S Norton AVE Los Angeles, CA 90019

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,652 sqft

Price per Sqft $208

MLS Listing ID 25510147

Bedrooms 12

HOA Y/N No

Year Built 1958

Lot Size 8,367 Sqft

Lot Dimensions Assessor

Property Description

We offer FOR SALE this value-add 10-unit two-story walkup apartment building in the Mid-City of Los Angeles. Built in 1958, the property offers 8 - one bedroom/one bath and 2 - two bedroom one bath apartments and according to the Los Angeles County Tax Assessors office, 7,652 square feet of building area. There are several very low rents providing very good future rental upside. There are two vacant units and a good possibility of a third, (please contact listing agent for more information on this.) The location is two blocks east of Crenshaw Blvd and just north of Olympic Blvd. This area enjoys a central locality and is close by car to Downtown Los Angeles, the Miracle Mile, Hollywood, Mid-Wilshire and Beverly Hills. This building is surrounded by a vast pool of traditional employers in almost every conceivable industry as well as educational institutions, government facilities and small businesses of every sort and kind. This contributes to the strong mandate for apartments to rent in the area on top of the already acute demand based on the existing housing supply imbalance. Please refrain from walking on the property and please do not disturb the tenants. For more information, please call the listing agent.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR1-1HPOZ

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Carport

Garage Spaces 3.0

Carport Spaces 6

Garage Description 3.0

View Y/N No

View None

Roof Type Composition,Shingle

Total Parking Spaces 9

Building

Faces East

Story 2

Entry Level Two

Sewer Other

Water Public

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5092004012

Financing Cash

Special Listing Condition Standard

Listed by James Gilb • James F. Gilb

Nicole Darwin

Advisor

+1(707) 330-4357

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