7506 Norton Avenue #7510, West Hollywood, CA 90046 (MLS # 26986447)
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Available for an attractive 5.82% CAP Rate and 11.55 GRM, a new investor can benefit both from the property's strong immediate cash flow and from its substantial rent upside. With apartments in the building already achieving rents of $2,626 per month, eventually bringing the remaining units to that rent level represents a nearly 39% potential increase in revenue. According to recent reports from Niche.com, West Hollywood ranked #1 out of 111 neighborhoods in Los Angeles County among the Best Suburbs for Young Professionals, and ranked #2 in the entire state of California. With 80% of the West Hollywood population residing in rental housing, these semi-private one-bedroom bungalows are extremely attractive to this demographic, helping to boost both demand and rental rates. The property has earned a Walk Score of 93, which qualifies the immediate neighborhood as a "Walker's Paradise." Residents enjoy convenient access to the nearby Whole Foods Market, Trader Joe's, and Plummer Park. Within a short driving distance are The Grove, Beverly Hills, the Sunset Strip, Runyan Canyon, and numerous other destinations in both the Hollywood and West Hollywood areas.
| DAYS ON MARKET | 10 | LAST UPDATED | 9/11/2026 |
|---|---|---|---|
| YEAR BUILT | 1924 | COMMUNITY | C10 - West Hollywood Vicinity |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AREA | C10 - West Hollywood Vicinity |
|---|---|
| LOT | 6120 sq ft |
| LOT DIMENSIONS | 50x130 |
| PARKING | Assigned |
| STORIES | 1 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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