1240 S Norton Avenue, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1240 S Norton Avenue,Los Angeles, CA 90019
$2,875,000
  • 18 Beds
  • 16 Baths
  • 9,822 sq. ft.
  • Multi-family
  • Active
Listed by: eric quiros
Office: capital brokers213-500-3680
MLS#:26917889
Source:CRMLS

Price summary

  • Price:$2,875,000
  • Price per sq. ft.:$292.71

About this home

Rare opportunity to acquire a 16-unit garden walk-up apartment building in the heart of Mid-City Los Angeles. Built in 1963, the property offers approximately 9,822 square feet of building area on a 12,963-square-foot lot. The unit mix consists primarily of one-bedroom apartments, along with a three-bedroom manager's unit.Six apartments will be delivered vacant, creating an immediate opportunity to renovate, reposition and increase rental income. Recent improvements include a new roof and an updated electrical system. Additional features include 16 secured parking spaces, on-site laundry, separately metered gas and electricity, and a completed earthquake retrofit.Conveniently located near the Pico and Washington Boulevard corridors with easy access to Koreatown, Mid-Wilshire, Downtown Los Angeles, Culver City, public transportation, shopping and dining. Zoned LAR3 and situated on a substantial 0.30-acre parcel, the property presents strong value-add potential in a centrally located...

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Home facts

  • Year built:1963
  • Listing ID #:26917889
  • Added:61 day(s) ago
  • Updated:October 31, 2026 at 12:44 PM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:16
  • Living area:9,822 sq. ft.

Structure and exterior

  • Year built:1963
  • Building area:9,822 sq. ft.
  • Lot area:0.29 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,875,000
  • Price per sq. ft.:$292.71

Parking

  • Total parking spaces:16
  • Parking description:Assigned
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