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695 S Norton Ave, Los Angeles, CA, 90005

18beds
17baths
11,647sqft
$3,400,000
$292price/sqft
$22,438/moest. monthly cost
$897,520/yrincome needed

About This Home

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.

Getting Around

85
WalkingVery Walkable
72
TransitExcellent Transit
57
BikeBikeable

Schools

7/10
4/10

Construction

Condition

  • Year built: 1965

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Washer,Refrigerator,Range/Oven,Dryer

Bedrooms & Bathrooms

  • Bedrooms: 18
  • Bathrooms: 17

Features

  • Elevator

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 11,647
  • Total interior livable area: 11,647 sqft

Property

Details

  • Zoning: LARD2
  • Special condition: Standard
  • Other equipment: Other

Features

  • Levels: Multi/Split
  • Stories: 3
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 7,043 sqft

Parking

  • Total spaces: 13
  • Parking features: Assigned
  • Covered spaces: 13