NOT LISTED FOR SALE

8954 Norma Place West Hollywood, CA 90069

Estimated Value: $2,592,000 - $3,134,000

5 Beds
6 Baths
4,692 Sq Ft
$613/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $2,778,000 $592 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $17,659/month

88 Days on Market

Highlights

  • Colonial Architecture
  • Built-In Features
  • Central Heating and Cooling System
  • West Hollywood Elementary School Rated A-
  • 2 Detached Carport Spaces
  • Gated Home

About This Home

As of January 2024

**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.

Last Agent to Sell the Property

Bjorn Farrugia

Carolwood Estates License #01864250 Listed on: 09/07/2023

Carolwood Estates

Last Buyer's Agent

Marcus Bevans

Home Smart Realty Group License #02068413

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,269

Year Built

  • Built in 1921

Lot Details

  • 6,491 Sq Ft Lot
  • Gated Home

Home Design

  • Colonial Architecture

Interior Spaces

  • 4,692 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Kitchen

  • Recirculated Exhaust Fan
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4340-016-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,269

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Colonial
  • Levels: One, Two
  • Street Number Display: Yes
  • Living Area: 4692
  • Lot Acreage: 0.1490
  • Year Built: 1921
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Common Walls: Attached
  • Total Bathrooms: 6.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Ice Maker, Hood Fan, Water Line to Refrigerator, Washer, Refrigerator, Recirculated Exhaust Fan
  • Price Per S Q F T: 638.32

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Carport Spaces: 2
  • Parking Garage: Carport Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 34.54
  • Assessed Improvement Value: 148362
  • Assessed Land Percent: 65.46
  • Assessed Land Value: 281127
  • Total Assessed Value: 429489
  • Assessor Parcel Number: 4340-016-015
  • Lot Size Area: 6491

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.40
  • Number Of Units: 4
  • Total Annual Expense: 67680
  • Type Of Units: Mixed
  • Vacancy Rate: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
8954 Norma Place Llc
Bought by
Shee Isabelle and Ashton Greg
Current Estimated Value
$2,875,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,479,000
Outstanding Balance
$1,466,262
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,409,288

Purchase Details

Listed on
Sep 7, 2023
Closed on
Jan 31, 2024
Sold by
Shee Isabelle and Ashton Greg
Bought by
8954 Norma Place Llc
Seller's Agent
Bjorn Farrugia
Carolwood Estates
Buyer's Agent
Marcus Bevans
Home Smart Realty Group
List Price
$3,249,000
Sold Price
$2,778,000
Premium/Discount to List
-$471,000
-14.5%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
Original Mortgage
$1,805,700
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2023
Closed on
Jan 5, 2024
Sold by
Robert Benjamin Cundall Inter Vivos Trus
Bought by
Shee Isabelle and Ashton Greg
Seller's Agent
Bjorn Farrugia
Carolwood Estates
Buyer's Agent
Marcus Bevans
Home Smart Realty Group
List Price
$3,249,000
Sold Price
$2,778,000
Premium/Discount to List
-$471,000
-14.5%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,805,700
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2007
Sold by
Cundall Robert Benjamin
Bought by
Cundall Robert Benjamin and The Robert Benjamin Cundall Inter Vivos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,800
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2005
Sold by
Cundall Robert B
Bought by
Cundall Robert Benjamin and Robert Benjamin Cundall Inter Vivos Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shee Isabelle -- Doma Title Of California
8954 Norma Place Llc -- None Listed On Document
Shee Isabelle $2,778,000 Fidelity - Sherman Oaks
Cundall Robert Benjamin -- First American Title Ins
Cundall Robert Benjamin -- First American Title Ins
Cundall Robert Benjamin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shee Isabelle $1,479,000
Previous Owner Shee Isabelle $1,805,700
Previous Owner Cundall Robert Benjamin $938,250
Previous Owner Cundall Robert Benjamin $358,800
Previous Owner Cundall Robert B $350,000
Previous Owner Cundall Robert B $150,000
Previous Owner Cundall Robert B $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2024 01/17/24 Sold $2,778,000 -7.2% $592 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
10/25/2023 10/25/23 Price Changed $2,995,000 -7.8% $638 / Sq Ft
09/07/2023 09/07/23 For Sale $3,249,000 0.0% $692 / Sq Ft
12/03/2019 12/03/19 Rented $5,500 0.0% --
11/21/2019 11/21/19 Under Contract -- -- --
10/28/2019 10/28/19 Price Changed $5,500 -8.3% $3 / Sq Ft
09/16/2019 09/16/19 Price Changed $6,000 -7.7% $4 / Sq Ft
08/19/2019 08/19/19 For Rent $6,500 +8.3% --
06/01/2017 06/01/17 Rented $6,000 0.0% --
05/10/2017 05/10/17 For Rent $6,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,269 $2,780,000 $1,945,000 $835,000
2024 $24,269 $1,836,000 $1,285,200 $550,800
2023 $7,459 $438,078 $286,749 $151,329
2022 $6,976 $429,489 $281,127 $148,362
2021 $6,873 $421,068 $275,615 $145,453
2020 $6,898 $416,751 $272,789 $143,962
2019 $6,617 $408,581 $267,441 $141,140
2018 $6,499 $400,571 $262,198 $138,373
2016 $6,213 $385,017 $252,017 $133,000
2015 $6,135 $379,235 $248,232 $131,003
2014 $6,144 $371,807 $243,370 $128,437
Source: Public Records

Agents Affiliated with this Home

  • Bjorn Farrugia

    Seller's Agent in 2024

    Bjorn Farrugia

    Carolwood Estates

    (310) 998-7175

    5 in this area

    228 Total Sales

    Bjorn Farrugia
    Section Image
  • Marcus Bevans

    Buyer's Agent in 2024

    Marcus Bevans

    Home Smart Realty Group

    (714) 849-5540

    1 in this area

    10 Total Sales

    Marcus Bevans
    Section Image
  • Amber Kristin

    Seller's Agent in 2019

    Amber Kristin

    Westside Estate Agency Inc.

    (310) 663-5224

    20 Total Sales

    Amber Kristin
    Section Image
  • Juli LaVene

    Seller's Agent in 2017

    Juli LaVene

    Douglas Elliman

    (310) 614-0820

    2 in this area

    5 Total Sales

    Juli LaVene
    Section Image

  • L

    Buyer's Agent in 2017

    Laurent Bijaoui

    Compass

    Section Image
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Map

Source: The MLS

MLS Number: 23-301113

The MLS

APN: 4340-016-015

California Los Angeles County West Hollywood 90069

8954 Norma Place, West Hollywood, CA

This home is located at 8954 Norma Place, West Hollywood, CA 90069 since 07 September 2023 and is currently estimated at $2,875,550, approximately $612 per square foot. This property was built in 1921. 8954 Norma Place is a home located in Los Angeles County with nearby schools including West Hollywood Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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