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Compass
1123 - 1133 S Norton Ave, Los Angeles, CA 90019
- $1,650,000
- 14
- BD
- 12
- BA
- 8,502
- SqFt
- Sold Price
- $1,650,000
- List Price
- $1,950,000
- Closing Date
- May 01, 2026
- MLS#
- 25631625
- Year Built
- 1924
- Bedrooms
- 14
- Bathrooms
- 12
- Living Sq. Ft
- 8,502
- Lot Size
- 16,180
- Days on Market
- 56
- Property Type
- Multifamily
- Stories
- 2
Property Description
A unique Mid City investment opportunity located in the prime Arlington Heights neighborhood. Situated at 1123 South Norton Avenue, the property consists of 12 total units comprised of 10 one bedroom one bathroom units and 2 two bedroom one bathroom units. All units are individually metered and the property offers ample on site parking for tenants. The asset features five well maintained detached buildings arranged around a central courtyard, providing residents with a sense of privacy and enjoyable outdoor common space. Tucked along quiet Arlington Heights residential streets, the property remains close to major thoroughfares such as Olympic Boulevard and Pico Boulevard, offering convenient access to dining, retail, and transit. With below market rents and significant value add potential, this property presents an excellent opportunity for investors to capture over 50% rental upside in a strong and consistently in-demand rental submarket, with an attractive current cap of over 6.13%.
Additional Information
- Other Buildings
- None
- Heat
- Other
- Cooling
- None
- Number of Cars in Garage
- Carport, Driveway
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Courtesy of Link Brokerages, Coby Chatwin - CA DRE#01998822 Selling Office: .
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