1014 S. Norton Ave., Los Angeles, CA 90019

FOR SALE
  • $3,388,000
  • 72 Days on site
  • Beds: n/a
  • Baths: 24
  • Commercial Building
  • 8,732 sq ft
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Description

1014 S. Norton Ave. is a beautiful, 24-unit 1940s American Colonial Revival building with original details throughout. Originally intended as an extended-stay hotel, 1014 S. Norton Ave. now accommodates 24 Bachelor apartments (7 of which can be delivered vacant), and retains much of its 40' s character. The property features a spacious front yard accented by tasteful landscaping, wooden columns located at the front entrance, as well as charming, original wooden window shutters. The building is located in the historic Country Club Park neighborhood of Los Angeles, with a Walkscore of 77, and is a short walk to mass transit options. This asset is the ideal investment opportunity for investors looking to purchase a property in a high-demand/strong rental market with considerable rental upside potential.

  • MLS ID# 16-164776
  • Year Built: 1947
  • 72 Days on site
  • Commercial Building
  • Beds: n/a
  • Baths: 24

Listing Details

Features
Stucco Exterior
Cooling
Window Wall Unit
Heating
Wall Furnace Heat

Local Info

Population
69,484
Median Household Income
$39,360
Median Years In Residence
8
Median Homeowner Age
33
Households with Children
54.70%
Percent of Homes Rented
70.25%

Nearby Elementary Schools

911 S Norton Ave
745 S Wilton Pl
1256 S Van Ness Ave

Nearby Middle Schools

911 S Norton Ave
1512 Arlington Ave
4066 West Johnnie Cochran Vist

Nearby High Schools

4650 W Olympic Blvd
2900 W Pico Blvd
250 S Rossmore Ave

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Property Contact Info

(323) 300-1000
Listing Agent: Matthew R. Kanner

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