2806 S Norton Avenue, Los Angeles, CA 90018
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
2806 S Norton Avenue,Los Angeles, CA 90018
$1,750,000
- - Beds
- - Baths
- 4,654 sq. ft.
- Multi-family
- Active
Listed by: aaron jacobson, brandon maghen
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26114027
Source:CRMLS
Price summary
- Price:$1,750,000
- Price per sq. ft.:$376.02
About this home
2806 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 7.76% going-in cap rate and a 10.86%
cash-on-cash return while trading at under $380 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, three 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 well-positioned multifamily housing in one of Los
Angeles’ most active neighborhoods....
Contact an agent
Home facts
- Year built:1964
- Listing ID #:SB26114027
- Added:1 day(s) ago
- Updated:May 26, 2026 at 11:34 PM
Rooms and interior
- Living area:4,654 sq. ft.
Structure and exterior
- Year built:1964
- Building area:4,654 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$376.02
Parking
- Total parking spaces:5
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