7979 Norton Ave West Hollywood, CA 90046

$2,550,000 Sold Price as of 09/25/2018

8 Beds
8 Baths
5,996 Sq.Ft.

Off Market

$2,550,000 Sold Price as of 09/25/2018 Refinance Your Mortgage

Map preview of 7979 Norton Ave, West Hollywood, CA 90046

Property Overview: 7979 Norton Ave West Hollywood, CA has 8 bedrooms, 8 bathrooms, 5,996 living square feet and 7,371 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

7979 Norton Ave is currently an off market home in the city of West Hollywood. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of West Hollywood has a median list price of $1,285,000. The median price per/sqft for West Hollywood is $943. With those numbers in mind, if you are looking to purchase a median priced home in West Hollywood, CA and put 20% down you will need to save up $257,000 for the down payment and will need roughly $25,700 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in West Hollywood the commission could be as much as $48,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local West Hollywood Agent

Sale History for 7979 Norton Ave

Last sold for $2,550,000 on September 25th, 2018

September, 2018
Sep 27, 2018

Date

Sold

CRMLS: 318002027

$2,550,000

Price
Aug 16, 2018

Date

Pending

CRMLS: 318002027

$3,200,000

Price
Jul 7, 2018

Date

Price Change

CRMLS: 318002027

$3,200,000

Price
May 24, 2018

Date

Active

CRMLS: 318002027

$3,400,000

Price
Listing provided courtesy of CRMLS

Probate Court Date is set!! The court has been scheduled for Thursday August 16, 2018 at 8:30a.m. in Dept 99. L.A. Superior Court 111 N. Hill St., L.A. CA 90012. The First overbid amount shall be $2,678,000. An amazing opportunity to Own an 8 unit apartment building in the heart of West Hollywood, first time on the market in over 30 years! This income property will be delivered with 3 vacant units at close of escrow. The 1950's built asset has 8 spacious one bedroom one bath units with a large living room, a spacious nook and extra large bedroom. The units all have hardwood floors and have their own separate 30 gallon water heaters. The building boasts 8 parking spaces on the property including two garages in front of the building. The building's location has an amazing walk score of 95. This is a probate sale subject to court confirmation and possible overbid. Decedent did not die on the property. Please contact listing agent for viewing the units, books and records and additional instructions and terms.

Continue Reading
September, 2018
Sep 25, 2018

Date

Sold (Public Records)

Public Records

$2,550,000

Price

Tax History for 7979 Norton Ave

Assessed Value (2020): $2,601,240

Year	Land Value	Improved Value	Assessed Value
2020	$2,040,000	$561,240	$2,601,240

About 7979 Norton Ave

Detailed summary of property

7979 Norton Ave is categorized with a use code of Apartment House (5+ Units) in West Hollywood, CA 90046 and last sold on September 25, 2018 for $2,550,000. This property has 8 bedrooms, 8 bathrooms, roughly 5,996 living square feet, and sits on an approximately 7,371 square foot lot. Homes in West Hollywood are selling for a median price of $960,000 and a median price per square foot of $797. Based on Ardent Real Estate Group's West Hollywood Market Data, this home is sold 165.62% higher than the current median priced home. 7979 Norton Ave was last sold on September 25, 2018 for $2,550,000. Local nearby listings include 7960 Selma Ave #305, 8050 Selma Ave and 7960 Selma Ave #207. The average home in West Hollywood, CA is selling in 144 days. There are currently 243 homes for sale in the West Hollywood real estate market and 57 of them are single family homes while 172 of them are condos and 14 are townhomes. If you are the homeowner and looking to sell the home at 7979 Norton Ave West Hollywood, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our West Hollywood agents.

Public Facts for 7979 Norton Ave

Public county record property details

Beds: 8
Baths: 8
Year built: 1953
Sq. Ft.: 5,996
Lot Size: 7,371
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 15
APN: 5554-011-017

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,095,000

Median List Price/Sq.Ft.

$904

Median Sold Price

$1,188,800

Median Sold Price/Sq.Ft.

$773

Total Inventory

278

Median Sale to List Price %

95.1%

Avg Days on Market

Loan Type

Conventional (5.56%), FHA (0%), VA (0%), Cash (8.33%), Other (2.78%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote