3427 S Norton Ave

Los Angeles, CA 90018
  • $1,375,000

    Price
  • 1

    Bed
  • 1

    Bath
  • 6,440

    SqFt

About the Listing CLW-X82946 - CLW-C135873,CLW-C137878

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 5.3%.

Listing Highlights

Status Active
Days on Site 33
Property Type Multi-Family
MLS ® 25631655
Year Built 1930
Total Square Footage 6,440
Lot/Acreage 0.18

Interior Details

  • Bedrooms: 1
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Zoning: LARD1.5
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: One Space

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5044005009
  • Tax Year: N/A

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3427 S Norton Ave Los Angeles, CA 90018

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Originating MLS: CRMLS

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