Skip To Content

3427 S Norton Avenue

Los Angeles (City), CA 90018
  • $1,237,500
  • STATUS: Active
  • ON SITE: 69 Days
  • ID#: 25631655
Price Reduced
UPDATED: 83 min ago
$1,237,500
  • 8
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,440
    SQFT
  • $192
    $/SQFT
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Listing Agent(s): Coby Chatwin of Link Brokerages (310-695-6510) and Andrew Malekie of Link Brokerages(310-695-6510)


Description

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%.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-10T00:27:18.93. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/171639970
Print Image

3427 S Norton Avenue Los Angeles (City), CA 90018

  • Price: $1,237,500
  • Status: Active
  • On Site: 69 Days
  • Updated: 83 min ago
  • ID#: 25631655
8
Beds
0
Baths
0
½ Baths
0.18
Acres
6,440
SQFT
$192
$/SQFT
1930
Built
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
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%.
Exterior Features

Parking Features One Space Parking Total 8

Interior Features

Cooling None Cooling YN No

Property Features

Association YN No Buyer Financing Cash Cap Rate 5.21 Gross Income 120588 Laundry Features None Levels Two Listing Agreement Seller Reserved Listing Service Full Service Listing Terms Cash Net Operating Income 76377 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-10T00:27:18.93. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_409715074-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_409715074-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_409715074-2.jpg
Logo
Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Coby Chatwin of Link Brokerages (310-695-6510) and Andrew Malekie of Link Brokerages(310-695-6510)