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2804 S Norton, Los Angeles, CA 90018

Los Angeles
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
2804 S Norton,Los Angeles, CA 90018
$1,800,000
  • 10 Beds
  • - Baths
  • 4,654 sq. ft.
  • Multi-family
  • Active
Listed by: brandon maghen, aaron jacobson
Office: lyon stahl investment real estate, inc.
MLS#:CRSB26003857
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,800,000
  • Price per sq. ft.:$386.76

About this home

2804 Norton Ave is a rare, high-yield 5-unit apartment located in a prime pocket of West Adams, offering strong in-place cash flow supported by highly desirable unit layouts. The property benefits from special financing available at 80% LTV with 30-year interest-only terms, creating an attractive leverage opportunity for investors. The asset delivers a 7.39% going-in cap rate and a 9.00% cash-on-cash return while trading at under $400 per square foot, a compelling basis for the submarket. Four of the five units are large, townhome-style residences, a layout that is extremely desirable to tenants and consistently drives strong rents with lower turnover. The property's total average monthly rent exceeds $3,000 per unit, highlighting the durability of the in-place income. Additionally, four of the five units are leased under HACLA, providing government-guaranteed rents and long-term income stability. This is a turn-key opportunity to acquire stable cash flow, favorable long-term debt,...

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Home facts

  • Year built:1964
  • Listing ID #:CRSB26003857
  • Added:70 day(s) ago
  • Updated:March 19, 2026 at 02:37 PM

Rooms and interior

  • Bedrooms:10
  • Living area:4,654 sq. ft.

Structure and exterior

  • Year built:1964
  • Building area:4,654 sq. ft.
  • Lot area:0.12 Acres

Finances and disclosures

  • Price:$1,800,000
  • Price per sq. ft.:$386.76

Features and amenities

  • Laundry features:No Hookups
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at March 19, 2026

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