2804 S Norton, Los Angeles, CA 90018
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
2804 S Norton,Los Angeles, CA 90018
$1,850,000
- 10 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: brandon maghen, aaron jacobson
Office: lyon stahl investment real estate, inc.
MLS#:SB26003857
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,850,000
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 7.06% going-in cap rate and a 7.33% 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 propertys 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, and wellpositioned multifamily housing in one of Los Angeles most active neighborhoods.
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Home facts
- Listing ID #:SB26003857
- Added:1 day(s) ago
- Updated:January 09, 2026 at 03:45 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:6
Finances and disclosures
- Price:$1,850,000
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