CA > Los Angeles
Los Angeles, CA 90018,3421 S Norton Ave
Los Angeles, CA 90018,3421 S Norton Ave
Los Angeles, CA 90018,3421 S Norton Ave
16
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$1,359,291
Est. payment /mo
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8 Beds
8 Baths
6,716 SqFt
New

3421 S Norton Ave Los Angeles, CA 90018

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Gwendolyn Thomas

Gwendolyn Thomas

+1(702) 265-5005

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,716 sqft

Price per Sqft $202

MLS Listing ID 25631653

Bedrooms 8

Year Built 1931

Lot Size 7,953 Sqft

Acres 0.1826

Property Sub-Type Multi-Family

Property Description

PORTFOLIO SALE - Offered collectively for the first time in 3 decades, this property is being sold as part of an exclusive 6 building multifamily portfolio. All assets are to be sold together and are offered at a total price of $11,750,000. The portfolio includes the following Los Angeles properties: 1) 4520 Willow Brook Ave 90029, 2) 1123 S Norton Ave 90019, 3) 1542 2nd Ave 90019, 4) 5430 Smiley Dr 90016, 5) 4051 W 4th St 90020, 6) 3421-3427 S Norton Ave 90018. A unique two property investment package located at 3421-3427 South Norton Avenue. The offering consists of 16 total one bedroom one bathroom units across two buildings situated on two adjacent lots. With more than 13,000 square feet of building area and approximately 0.36 acres of land, the property features spacious units exceeding 800 square feet, ample on site parking, and attractive ADU potential. In an Opportunity Zone, the buildings are well-positioned along quiet neighborhood streets while still providing convenient access to major corridors including West Jefferson Boulevard, Crenshaw Boulevard, and the 10 Freeway. Below market rents combined with significant value add potential present an excellent opportunity for investors to capture over 35% rental upside with an attractive current cap of over 5.1%.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Other

Cooling None

Equipment None

Laundry None

Exterior

Parking Features Parking Space

Garage Spaces 8.0

Pool None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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Gwendolyn Thomas

Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

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3421 S Norton Ave