$2,990,000
Located in the heart of Wilshire Park, 695 S. Norton Avenue is a well maintained 9 unit building offering spacious floor plans and a true neighborhood feel just minutes from the center of Koreatown. The property features six large 2 bedroom, 2 bath units, two 2 bedroom units with dens and one studio, totaling approximately 11,650 square feet of living space. The generous layouts, with two bedroom units averaging over 1,300 square feet, continue to support strong tenant demand in this highly desirable rental pocket. Residents benefit from secured entry, gated parking, elevator access and a shared laundry room, all situated on a quiet residential street lined primarily with single family homes. With stable current income and clear potential for rental growth through thoughtful interior improvements over time, this property offers investors a rare combination of scale, location, and long term upside in one of Los Angeles' consistently strong multifamily markets.
Listed by H. Jason Yang with GAIA (310) 779-8213
Property Type
Residential Income
Status
Active
MLS Number
26866301
Year Built
1965
Lot Size
7,044 sq ft
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