407 N Norton Ave, Los Angeles, CA 90004
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407 N Norton Ave Los Angeles, CA 90004

$2,935,000 Sold Price as of 06/01/2023
  • 6 Beds
  • 6 Baths
  • 4,800 Sq.Ft.
Sold
$2,935,000 Sold Price as of 06/01/2023 Refinance Your Mortgage

Map preview of 407 N Norton Ave, Los Angeles, CA 90004

Property Overview: 407 N Norton Ave Los Angeles, CA has 6 bedrooms, 6 bathrooms, 4,800 living square feet and 3,990 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 407 N Norton Ave, a stunning modern property built in 2015, located in the heart of Los Angeles, CA 90004. This multi-family home offers a luxurious living experience, with each unit featuring private backyards and private rooftop decks that span the entire length of the building.The spacious and contemporary design of the property ensures that each unit is flooded with natural light and offers a comfortable and stylish living space. The rooftop decks offer breathtaking 360-degree views of the surrounding neighborhood, making it the perfect place to relax and enjoy the beautiful Los Angeles skyline.The property's location is unbeatable, offering easy access to some of the best neighborhoods in the city, including Hancock Park, Larchmont Village, and the Paramount Studios. With its convenient location, residents can enjoy an abundance of shopping, dining, and entertainment options right at their doorstep.Overall, 407 N Norton Ave offers a unique and unparalleled living experience in one of the most desirable neighborhoods in Los Angeles.

Listed by Glenn Brander | BRE #01020228 | Miller & Desatnik Realty Co.
Last checked: 8 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 90

Home details

Lot Sq. Ft
3,990
HOA Dues
$0/mo
Year built
2015
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
23246425
City
Los Angeles
County
Los Angeles
Time on Site
568 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $7,000
  • Total Rent: $7,000
  • Pro Forma/Market Rent: $7,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $7,000
  • Total Rent: $7,000
  • Pro Forma/Market Rent: $7,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.82
  • Gross Scheduled Income: --
  • Net Operating Income: $108,979
  • Gross Operating Income: $162,960
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 407 N Norton Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Garage
Fireplace Information
  • Has Fireplace
  • Bath, Den, Master Bedroom, Living Room
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Direct Garage Access, Garage - Two Door, Driveway, Covered
Property Information
  • Has View
  • View: Hills, City Lights
  • Total # of Units: 2
  • Parcel Number: 5522025002
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: N of Beverly Blvd, W of Wilton Pl
View more facts & features

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Sale History for 407 N Norton Ave

Last sold for $2,935,000 on June 1st, 2023
  • June, 2023

  • Jun 1, 2023

    Date

    Sold

    CRMLS: 23246425

    $2,935,000

    Price

  • Feb 27, 2023

    Date

    Active

    CRMLS: 23246425

    $3,175,000

    Price

  • September, 2022

  • Sep 27, 2022

    Date

    Canceled

    CRMLS: 22198365

    $7,200

    Price

  • Sep 9, 2022

    Date

    Active

    CRMLS: 22198365

    $7,200

    Price

  • Listing provided courtesy of CRMLS

    Location, location, location !!! One of a kind townhouse style contemporary duplex in the Larchmont Village neighborhood. Built in 2015 by architect Jack Moses, Lots of natural lights, very spacious, 2616 Sqft, 3 floor living area, 3 bed room, 3.5 bath room, gourmet kitchen, walk in closet, plus den with direct access to private back yard, decked with Trex, fire pit, Private roof top with 360 degree panoramic city view including Hollywood sign and Griffith Park Observatory, perfect for outdoor entertainment. Central A/C, heating, washer/dryer, Excellent location, close to Larchmont Village, Grove Shopping Center, Paramount Studio, Hollywood, Griffith Park, L.A Down Town, Korea Town and much more. Must See !!!

  • January, 2021

  • Jan 15, 2021

    Date

    Leased

    CRMLS: 20669338

    $6,500

    Price

  • Dec 11, 2020

    Date

    Active

    CRMLS: 20669338

    $6,800

    Price

  • Listing provided courtesy of CRMLS

    Location, location, location !!! One of a kind townhouse style contemporary duplex in the Larchmont Village neighborhood. Built in 2015 by architect Jack Moses, Lots of natural lights, very spacious, 2616 Sqft, 3 floor living area, 3 bed room, 3.5 bath room, gourmet kitchen, walk in closet, plus den with direct access to private back yard, decked with Trex, fire pit, Private roof top with 360 degree panoramic city view including Hollywood sign and Griffith Park Observatory, perfect for outdoor entertainment. Central A/C, heating, washer/dryer, Excellent location, close to Larchmont Village, Grove Shopping Center, Paramount Studio, Hollywood, Griffith Park, L.A Down Town, Korea Town and much more. Must See !!! Security deposit: 2 months rent, require good credit. Minimum lease: 1year.

  • March, 2020

  • Mar 14, 2020

    Date

    Sold

    CRMLS: 19516448

    $2,570,000

    Price

  • Feb 24, 2020

    Date

    Pending

    CRMLS: 19516448

    $2,595,000

    Price

  • Oct 24, 2019

    Date

    Active

    CRMLS: 19516448

    $2,595,000

    Price

  • Listing provided courtesy of CRMLS

    One of a kind DUPLEX in Larchmont Village! OWN THE WHOLE BUILDING FOR THIS FANTASTIC PRICE. Built in late 2015, designed by architect Jack Moses, each townhouse feels like a single family home. Both spacious units span 3 floors of living area w/ a 4th fl spectacular 750sf rooftop deck. Tenants enjoy 360 degree views from the roof by their firepits and can easily install BBQs as it is plumbed for both water and gas on the roof. Each unit has 3 large bedrooms w/ ensuite baths and a huge master walk in closet w/ built ins. The open design kitchens with Thermador appliances and quartz countertops are perfect for entertaining. Dens on the ground floor open to private backyards decked w/ Trex and feature both a waterfall & firepit. Oversized mahogany showcase windows let in excellent light. Each unit is separately metered for all utilities. Turnkey rental with very little maintenance.

  • March, 2020

  • Mar 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,570,000

    Price

  • April, 2018

  • Apr 14, 2018

    Date

    Leased

    CRMLS: 18305456

    $6,800

    Price

  • Feb 5, 2018

    Date

    Active

    CRMLS: 18305456

    $7,000

    Price

  • Listing provided courtesy of CRMLS

    HIGHLY SOUGHT AFTER LARCHMONT VILLAGE LOCATION. Beautifully designed, non smoking building, ultra modern duplex by architect Jack Moses. This 2,616 Sq Ft townhouse has 3 bedrooms & 3.5 baths plus a den/ 4th bedroom. Backyard trex deck w/firepit. The home features 3 floors of living space + a 4th floor spacious rooftop deck spanning the entire length of the building w/ fantastic 360 degree views including the Hollywood Sign, Griffith Observatory & Downtown LA. Located in a very desirable neighborhood 1.5 blocks S. of Paramount Studios & Melrose Ave and 7 blocks east of Larchmont Village. Huge mahogany double paned windows with custom window coverings let in tons of light. The designer kitchen opens to the living room & boasts top-of-the-line Thermador appliances. Tankless water heater, 3 zone HVAC, keyless entry, security system & ring doorbell. Also available Furnished for $10,000 per month/ $20k security. Furnished lease terms negotiable. Minimum lease for unfurnished, 1 year+.

  • July, 2016

  • Jul 15, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 407 N Norton Ave

Assessed Value (2020): $2,760,201
Year Land Value Improved Value Assessed Value
2020 $1,932,141 $828,060 $2,760,201

Home Value Compared to the Market

This property vs the competition

407 N Norton Ave sold on June 1, 2023 for 167.41% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $623.96 per/sqft which puts the price per square foot 13.82% lower than the current median sale per square foot for the city of Los Angeles.

About 407 N Norton Ave

Detailed summary of property

407 N Norton Ave is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 4,800 living square feet, and sits on an approximately 3,990 square foot lot. 407 N Norton Ave was first listed on ArdentRealEstateGroup.com on March 1, 2023. The homeowner sold the property for $2,935,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 167.41% higher than the current median priced home. Local homes that are currently for sale include 4167 Oakwood Ave, 933 N Mariposa Ave and 237 N Catalina St. While the average home in Los Angeles, CA is selling in 106 days, 407 N Norton Ave has a days on market of 90 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 407 N Norton Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 407 N Norton Ave

Public county record property details
Beds
6
Baths
8
Year built
2015
Sq. Ft.
4,800
Lot Size
3,990
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
135,136
APN
5522-025-002

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
79
Median Sale to List Price %
95.18%
Avg Days on Market
39
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (22.22%)

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Related Resources to 407 N Norton Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.