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1123 S Norton Avenue, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:CENTURY 21 Masters
1123 S Norton Avenue,Los Angeles, CA 90019
$1,950,000
  • 14 Beds
  • 12 Baths
  • 8,502 sq. ft.
  • Multi-family
  • Active
Listed by: coby chatwin, andrew malekie
Office: link brokerages
MLS#:25631625
Source:CRMLS

Price summary

  • Price:$1,950,000
  • Price per sq. ft.:$229.36

About this home

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%.

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Home facts

  • Year built:1924
  • Listing ID #:25631625
  • Added:69 day(s) ago
  • Updated:March 10, 2026 at 05:35 PM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:12
  • Living area:8,502 sq. ft.

Structure and exterior

  • Year built:1924
  • Building area:8,502 sq. ft.
  • Lot area:0.37 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,950,000
  • Price per sq. ft.:$229.36
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