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8954 Norma Place

West Hollywood, CA 90069

$2,778,000 Sale Price
Est. Payment: $ 0/mo
5
Bed
0
Bath
4,692 Sq. Ft.
$638 / Sq. Ft.
Sold

8954 Norma Place

West Hollywood, CA 90069

Sold
$2,778,000 Sale Price
$0/mo
5
Bed
0
Bath
4,692
Sq. Ft.
**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.
PROPERTY INFORMATION
MLS # 23301113 Lot Size 6,491 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 2,995,000
Price Per SqFt: $ 638
DOM 604 Days
Address 8954 Norma Place Type Residential Income
City West Hollywood Sq.Ft. 4,692 Sq. Ft.
Postal Code 90069 Garage N/A
County Los Angeles Year Built 1921
Bed / Bath 5 / 0 Parking 2
Built In 1921 Status Closed
Sold Date 2024-01-17
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Washer Included, Dryer Included
Has Appliances Yes
Kitchen Appliances Dishwasher, Disposal, Refrigerator
Has Heating Yes
Heating Information Central
Has Cooling Yes
Cooling Information Central Air
SecuritySafety Gated Community
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $3,195
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
Price Change $2,995,000 (-7.82%)
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Listing provided courtesy of Bjorn Farrugia, Carolwood Estates. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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