8130 Norton Ave - Apartments FOR SALE


West Hollywood, CA 90046
$9,350,000 USD
718-406-3128
8130 Norton Ave, West Hollywood, CA for Sale
$9,350,000 USD
Apartments - FOR SALE
1/65
null | 4.94% Cap Rate

8130 Norton Ave
West Hollywood, CA 90046


HIGHLIGHTS

  • This impeccably maintained 27-unit complex represents a trophy asset in the heart of West Hollywood’s high-demand and supply-constrained rental market
  • The property features a balanced mix of studios, one-bedroom, and two-bedroom units upgraded with engineered wood flooring and modern HVAC systems.
  • Residents benefit from an exceptional 1:1 parking ratio and premium amenities including a refreshing pool and on-site laundry facilities that provide
  • Low-maintenance ownership is ensured through primarily copper plumbing, separately metered utilities, and unparalleled proximity to major job centers

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$9,350,000 USD

PRICE/SF

$453 USD /SF

# OF UNITS

27

PRICE/UNIT

$346,296

CAP RATE

4.94%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8130 Norton Avenue Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

WDR4*

APN/PARCEL ID

5554-014-014

ASK ABOUT THIS PROPERTY

Sam LiberowMarcus & MillichapMore Info
718-406-3128

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Sam LiberowMarcus & MillichapMore Info
718-406-3128

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.