CA > Los Angeles
Los Angeles, CA 90005,695 S Norton Ave
Los Angeles, CA 90005,695 S Norton Ave
Los Angeles, CA 90005,695 S Norton Ave
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$3,600,000
Est. payment /mo
18 Beds
17 Baths
11,647 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,647 sqft

Price per Sqft $309

MLS Listing ID 25572123

Style Mid-Century

Bedrooms 18

Year Built 1965

Lot Size 7,043 Sqft

Acres 0.1617

Property Sub-Type Multi-Family

Property Description

695 S. Norton Avenue is a rare 9-unit multifamily investment opportunity located in the heart of Wilshire Park, one of Koreatown's most desirable neighborhoods. Encompassing 11,647 rentable square feet, the property offers exceptionally large units with the two bedrooms averaging approximately 1,375 square feet each. The well-balanced unit mix includes six (6) spacious 2-bedroom, 2-bath units; two (2) 2-bedroom, 2-bath units with dens; and one (1) Studio unit. All residences are situated above a gated, subterranean parking garage with 13 spaces. Additional property features include secured entry with intercom access, gated underground parking, an elevator, and a shared laundry facility. With approximately $130,000 in rental upside (representing a 50% loss-to-lease), a new owner will have the opportunity to add significant value through interior renovations as units turn. Positioned just off Wilshire Boulevard, between the Wilshire/Western and Wilshire/La Brea Metro stations, the property offers tenants seamless connectivity to both Downtown Los Angeles and the Westside.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Fireplaces Type Gas

Equipment Washer, Dryer, Refrigerator, Range/Oven, Elevator

Laundry Community

Exterior

Parking Features Subterranean, Assigned

Garage Spaces 13.0

Pool None

Waterfront Description None

View Y/N Yes

View City

Building

Story 3

Water Public

Architectural Style Mid-Century

Level or Stories Multi/Split

Structure Type Stucco

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

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