7961 Norton Avenue, West Hollywood, California 90046, West Hollywood, 90046 - 3 bed, 2 bath
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West Hollywood, California 90046
This property presents a High-Potential Investment Opportunity with a List Price of $2,525,000—positioned above the $2,404,920 Fair Market Value. While priced at a premium, the R4-zoned lot offers significant development upside under Senate Bill 79. Featuring a Condition Rating of 4, the home requires modernization but provides rare 8-car parking capacity and historic Spanish Colonial charm. This asset is best suited for Real Estate Developers or Buy-and-Hold Investors focused on long-term density potential in a prime West Hollywood location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7961 Norton Avenue Subject | $2,525,000* List Price | 3 | 2 | 2,084 | $1,154 | - |
A 934 N La Jolla Avenue Active | $2,175,000 List Price | 4 | 4 | 2,463 | $883 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1930, the property is well-maintained but significantly dated. While the description mentions upgrades, the visual evidence of the bathroom tile and laundry cabinetry suggests renovations are likely over 20-30 years old. It is functional and move-in ready but requires modernization of key systems and finishes to meet current standards.
The property sits on a rare 7,456 sqft R4-zoned lot, offering a prime opportunity for high-density redevelopment under Senate Bill 79 and the West Hollywood Zoning Improvement Program.
With two 2-car garages and four carports providing a total of eight parking spaces, this property offers a level of parking utility that is extremely rare and highly coveted in the West Hollywood area.
This 1930 Spanish Colonial Revival has been thoughtfully upgraded while maintaining its original character, providing a private, gated 'oasis' feel in a highly walkable mid-city location.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At a list price of $2,525,000 for approximately 2,084 sqft, the valuation is heavily weighted toward the land's development potential, which may exceed the budget for traditional single-family residential buyers.
Despite modern upgrades, the 1930s construction may present ongoing maintenance requirements or the need for further systemic updates typical of homes from this era to meet modern efficiency standards.
2 Story Spanish Colonial Revival on RARE R4 lot. Mid City Oasis. Gated, Fenced and Hedged. Enjoy proximity to stores and restaurants. RARE TW0 2-CAR Garages & 4 Carports (8 total parking). Many upgrades while maintaining 1930 Character. Opportunity to Develop - Check with City regarding Senate Bill 79 and West Hollywood Zoning Improvement Program
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,084 | 1,803.5 |
| Lot Size | 7,456 | 6,002 |
| Price | $2.52M | $1.93M |
| Price per sq ft | $1.2K | $1.3K |
| Built year | 1930 | 1933 |
| HOA | $0 | $0 |
| Days on market | 12 | 66 |
Jul 10, 2026
$2,525,000
Initial Listing