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Off market
  • $1,957,200

    1037 S Norton Ave, Los Angeles, CA 90019

    --beds
    0baths
    7,360sqft
    MultiFamily
    Built in 1941
    -- sqft lot
    $1,957,200 Zestimate®
    $266/sqft
    $2,229 Estimated rent

    Owner options

    List your home for rent

    $2,229/mo

    Rent Zestimate®

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    $2,229/mo

    Rent Zestimate®

    Refinance and save

    $12,185/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $12,185/mo

    Est. payment

    What's special

    Classic Mid City apartment building adjacent to Country Club Park and Koreatown. It is an incredible two-story 10-unit building with a varied unit mix (two 2Br/1Ba, four 1Br/1BA, and four Studio units). This property also has upside potential on the rental rates. The current cap rate is 4.31% with a Pro Forma cap rate of 5.01%. The area is desirable and has a low vacancy rate and dense population. It is close to all and an easy commute to Downtown, West LA, Beverly Hills, Hollywood or Silver Lake. The area is prime for development and is a great investment opportunity. Please do not disturb tenants or walk on property.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 7,360 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1941

    Community & neighborhood

    Location
    • Region: Los Angeles
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    Estimated market value
    $1,957,200