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3421 S Norton Avenue
Listed by Coby Chatwin with Link Brokerages 310-743-3908
Sold

3421 S Norton Avenue

/ 3427 S Norton Avenue, Los Angeles, CA 90018

$1,137,500
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%.

8
beds

8
baths

6,716 Sq.Ft. LIVING AREA

7,953 Sq.Ft. lot

Coby Chatwin

Coby Chatwin

Andrew Malekie

Andrew Malekie

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms8
  • Laundry room None

Area & Lot

  • Status Sold
  • Living Area6,716 Sq.Ft.
  • Total Area6,716 Sq.Ft.
  • Lot Area7,953 Sq.Ft.
  • MLS® ID25631653
  • TypeResidential
  • YEAR BUILT1931

Exterior

  • STORIES2
  • PoolNone
  • parkingOne Space
  • AIR CONDITIONINGNone

Financial

  • Sales Price$1,137,500
  • Zoning LARD1.5

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