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… Read More 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. Read Less
Property listed by GAIA, H. Jason Yang 310-259-7556
Listing Snapshot
Days Online
8
Last Updated
Beds
18
Square Ft.
11,647
Lot Size
0.16 Acres
Year Built
1965
MLS Number
26651611
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1965, Living area: 11647.0, 1 building, 3 stories, Levels: MultiSplit
Community
Gated
Cooling
CentralAir
Heating
Central
Income
Gross Income: $265,218, Net Operating Income: $152,647
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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