1123 - 1133 S Norton Avenue, 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
- Status
- CLOSED
- MLS#
- 25631625
- Year Built
- 1924
- Bedrooms
- 14
- Bathrooms
- 12
- Living Sq. Ft
- 8,502
- Lot Size
- 16,180
- Acres
- 0.37
- Days on Market
- 56
- Property Type
- Multifamily
- Stories
- Two Levels
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
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 12
Listing courtesy of Listing Agent: Coby Chatwin (coby@linkbrokerages.com) from Listing Office: Link Brokerages.
Listing sold by William James from Lyon Stahl Investment Real Estate, Inc.
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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.