8010 Norton Ave West Hollywood, CA 90046

$2,650,000 Sold Price as of 02/09/2018

-- Beds
10 Baths
4,410 Sq.Ft.

Off Market

$2,650,000 Sold Price as of 02/09/2018 Refinance Your Mortgage

Map preview of 8010 Norton Ave, West Hollywood, CA 90046

Property Overview: 8010 Norton Ave West Hollywood, CA has -- bedrooms, 10 bathrooms, 4,410 living square feet and 7,410 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

8010 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 8010 Norton Ave

Last sold for $2,650,000 on February 9th, 2018

February, 2018
Feb 9, 2018

Date

Sold (Public Records)

Public Records

$2,650,000

Price
August, 2017
Aug 25, 2017

Date

Canceled

CRMLS: 17224418

$3,200,000

Price
Apr 25, 2017

Date

Active

CRMLS: 17224418

$3,200,000

Price
Listing provided courtesy of CRMLS

8010 Norton Avenue is an excellent opportunity to acquire a charming property in one of the best rental locations in prime West Hollywood. The property was built in 1923 and features old world vintage charm combined with modern amenities. Although the property has been substantially upgraded by ownership, there is still substantial upside in rents. The building consists of 14 units, with 4 of the 14 being non-conforming. The property has been owned and operated with these non conforming units for decades, and yearly rent registrations are paid for all 14 units. Priced at a GRM of 16.69 and a 4.07 CAP rate on current rents, and a GRM of 10.96 and a 7.13 CAP rate at market rents, the property is a perfect fit for any investor' s portfolio.DO NOT WALK ON PROPERTY OR DISTURB TENANTS. INSPECTION SUBJECT TO ACCEPTED OFFER. Buyer to conduct its own due diligence regarding non conforming units and property square footage.

Continue Reading
January, 2014
Jan 17, 2014

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 8010 Norton Ave

Assessed Value (2020): $2,758,060

Year	Land Value	Improved Value	Assessed Value
2020	$2,653,020	$105,040	$2,758,060

About 8010 Norton Ave

Detailed summary of property

8010 Norton Ave is categorized with a use code of Apartment House (5+ Units) in West Hollywood, CA 90046 and last sold on February 9, 2018 for $2,650,000. This property has -- bedrooms, 10 bathrooms, roughly 4,410 living square feet, and sits on an approximately 7,410 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 176.04% higher than the current median priced home. 8010 Norton Ave was last sold on February 9, 2018 for $2,650,000. Local nearby listings include 845 N Genesee Ave, 803 N Ogden Dr and 7960 Selma Ave #305. 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 8010 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 8010 Norton Ave

Public county record property details

Beds: --
Baths: 10
Year built: 1923
Sq. Ft.: 4,410
Lot Size: 7,410
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5
APN: 5554-014-005

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