$2,778,000
$2,995,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
8954 Norma Pl West Hollywood, CA 90069
5 Beds
6 Baths
4,692 SqFt
Key Details
Sold Price $2,778,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,692 sqft
Price per Sqft $592
MLS Listing ID 23-301113
Sold Date 01/17/24
Style Colonial
Bedrooms 5
Year Built 1921
Lot Size 6,491 Sqft
Acres 0.149
Property Description
**EXCLUSIVE INVESTMENT OPPORTUNITY: 4-Unit Income Property** Welcome to a veritable jewel nestled in West Hollywood's prestigious Norma Triangle neighborhooda pinnacle of Colonial Revival architecture that exudes timeless elegance and sophistication. This distinguished residence, spanning two lots, showcases the epitome of refined design and charm. This is a four unit property, and the largest two units are vacant. Discerning investors have the option to reside in one of these units or rent them for substantial returns with a compelling CAP rate. Steeped in a storied past, this remarkable property once served as the cherished wardrobe sanctuary for luminaries of Hollywood's Golden Era, including icons like Norma Talmadge, Bette Davis, Rita Hayworth, and Judy Garland. Rumor has it that the front porch itself graced the "Gone with the Wind" set. Through a discreet entrance, the family room of the main unit unfolds, enveloped in privacy by towering hedges and a gated threshold. Within, original hardwood flooring, meticulously handcrafted wainscoting, and a bespoke trellis ceiling set an exquisite stage. The grand living room offers soaring ceilings, opulent checkered marble floors, intricate woodwork, and an abundance of natural light streaming through oversized windows. Continuing the journey, the formal dining area seamlessly transitions into a fully renovated kitchen, adorned with pristine cabinetry, sumptuous soapstone countertops, a farmhouse sink, an expansive center island, and top-of-the-line appliances, including a Bertazzoni gas range.The primary bedroom beckons as a sanctuary of opulence, graced with custom-built shelving, an ample walk-in closet, gleaming hardwood floors, and three sets of French doors leading to a serene back porch. The adjoining spa-inspired en-suite bathroom features a freestanding soaking tub, adding an indulgent touch to everyday living.Supplementary amenities of the main unit include a dedicated office, a detached art studio, and a finished basement adaptable to one's desires, be it a private gym or versatile bonus space. The remaining three units are no less captivating, each offering one bedroom and one bathroom, complete with private gated entrances and inviting patios. This exceptional opportunity enjoys a prime location, just moments from Beverly Hills, and offers effortless access to West Hollywood's renowned shopping destinations, vibrant nightlife, and a plethora of gastronomic delights. Noteworthy establishments such as Dan Tana's, Bottega Louie, and Catch LA are all within your reach, elevating your lifestyle to unparalleled heights.
Location
State CA
County Los Angeles
Area West Hollywood Vicinity
Zoning WDR1B*
Rooms
Other Rooms Other
Interior
Heating Central
Cooling Central
Equipment Built-Ins, Dishwasher, Dryer, Garbage Disposal, Ice Maker, Hood Fan, Water Line to Refrigerator, Washer, Refrigerator, Recirculated Exhaust Fan
Exterior
Garage Carport Detached
Garage Spaces 2.0
Building
Architectural Style Colonial
Level or Stories One, Two
Others
Special Listing Condition Standard
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Bought with HomeSmart, Evergreen Realty