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(626) 893-2817
Gilbert Garcia
3427 / 3421 S Norton Avenue, Los Angeles, CA 90018
- $1,137,500
- 8
- BD
- 8
- BA
- 6,440
- SqFt
- Sold Price
- $1,137,500
- List Price
- $1,237,500
- Closing Date
- Apr 23, 2026
- Status
- CLOSED
- MLS#
- 25631655
- Year Built
- 1930
- Bedrooms
- 8
- Bathrooms
- 8
- Living Sq. Ft
- 6,440
- Lot Size
- 7,952
- Acres
- 0.18
- Days on Market
- 46
- Property Type
- Multifamily
- Stories
- Two Levels
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%.
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Additional Information
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 8
Listing courtesy of Listing Agent: Coby Chatwin (coby@linkbrokerages.com) from Listing Office: Link Brokerages.
Listing sold by Robert Carlile from RE/MAX One
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.