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New
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$1,795,000

For Sale

3 hours ago

2806 S Norton Ave, Los Angeles, CA

Condo

MLS® SB26085887

0 Bed

0 Bath

--

5 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1964
MLS® Number SB26085887

Property Address: 2806 S Norton, Los Angeles, CA, 90018

Average square foot calculated using Size range provided by listing agent.

Description

2806 Norton Ave is a cash-flowing asset in the heart of West Adams, offering strong in-place income and a highly desirable unit mix. The property benefits from attractive financing with just 20% down and 30-year terms, creating a compelling leveraged return for investors. The asset delivers a 7.86% going-in cap rate and over an 11% cash-on-cash return, supported by a solid basis for the submarket. Four of the five units are large, townhome- style layouts, which are highly sought after by tenants and tend to drive stronger rents with lower turnover. The property averages over $3, 000 per unit in monthly rent, reinforcing the strength of the existing income. Three of the five units are currently leased through HACLA, providing a portion of government-backed rent and added income stability, while one vacant unit offers immediate upside through lease-up at market rents. This is a strong opportunity to acquire stable cash flow, favorable long-term debt, and well-located multifamily housing in one of Los Angeles’ most active rental markets.
MLS® NumberSB26085887
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1964
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 21, 2026List Date
$1,795,000List Price
  • Commute

Commute

Starting Address
Destination Address
2806 S Norton Ave, Los Angeles, CA

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