3421 / 3427 S Norton Ave, Los Angeles, CA 90018

$1,137,500
8
BD
8
BA
6,716
SqFt

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Sold Price
$1,137,500
List Price
$1,237,500
Closing Date
Apr 23, 2026
MLS#
25631653
Year Built
1931
Bedrooms
8
Bathrooms
8
Living Sq. Ft
6,716
Lot Size
7,953
Days on Market
52
Property Type
Multifamily
Stories
2

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%.

Additional Information

Other Buildings
None
Pool Description
None
Heat
Other
Cooling
None
Number of Cars in Garage
Parking Space

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Courtesy of Link Brokerages, Coby Chatwin - CA DRE#01998822 Selling Office: .

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