Active

1240 S Norton Avenue

Los Angeles, CA 90019
Mark as Favorite
Bed 18

Bed

Bath 16

Bath

SqFt9,822

Sqft

SqFt12,697

Sqft(Lot)

Rare opportunity to acquire a 16-unit garden walk-up apartment building in the heart of Mid-City Los Angeles. Built in 1963, the property offers approximately 9,822 square feet of building area on a 12,963-square-foot lot. The unit mix consists primarily of one-bedroom apartments, along with a three-bedroom manager's unit.Six apartments will be delivered vacant, creating an immediate opportunity to renovate, reposition and increase rental income. Recent improvements include a new roof and an updated electrical system. Additional features include 16 secured parking spaces, on-site laundry, separately metered gas and electricity, and a completed earthquake retrofit.Conveniently located near the Pico and Washington Boulevard corridors with easy access to Koreatown, Mid-Wilshire, Downtown Los Angeles, Culver City, public transportation, shopping and dining. Zoned LAR3 and situated on a substantial 0.30-acre parcel, the property presents strong value-add potential in a centrally located Los Angeles rental market.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,875,000

AD Id : 90901647

MLS Id : 26917889

Beds : 18

Lot Size : 12,697 Sqft

Living Area Size : 9,822

Year Built : 1963

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 18

    Bathroom Information

    Total Baths: 16
  • Heating & Cooling

    Heating: None Cooling: None

  • Building Information

    Year Built: 1963
    Building Area Total: 9822
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 12697 Lot Size Acres: 0.2915 Lot Size Source: Other Lot Size Square Feet: 12,697

  • Listing Price Information

    Listing Price: $2875000

  • Tax Information

    Parcel Number: 5081008018

  • Location Information

    Direction: Subject Property is North of Pico Blvd South of Olympic Blvd East of Crenshaw and West of Western Ave
Sell a home like this and save $172,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1044 S St Andrews Place, Los Angeles, CA, 90019 $1,490,000 5 3 2,133 6,257 Sqft
1254 S Manhattan, Los Angeles, CA, 90019 $1,590,000 6 4 3,024 8,439 Sqft
1138 S St Andrews Place, Los Angeles, CA, 90019 $1,300,000 4 2 1,830 6,185 Sqft
932 S Gramercy Place, Los Angeles, CA, 90019 $1,680,000 10 10 4,800 7,502 Sqft
1415 S Manhattan Place, Los Angeles, CA, 90019 $2,250,000 9 5 7,512 13,152 Sqft
913 S Wilton Place, Los Angeles, CA, 90019 $1,990,000 5 4 -- 9,003 Sqft
939 S Wilton Place, Los Angeles, CA, 90019 $2,600,000 12 10 5,359 8,303 Sqft
1057 S Gramercy Place, Los Angeles, CA, 90019 $1,850,000 5 3 3,601 8,251 Sqft
1415 S St Andrews Place, Los Angeles, CA, 90019 $2,799,000 12 -- 9,268 13,166 Sqft
1404 1/2 S Wilton Place, Los Angeles, CA, 90019 $755,000 3 2 1,273 13,168 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/08/2026 @ 01:50

MLS: 26917889 LISTED BY: Eric Quiros, Capital Brokers 213-500-3680 SOURCE: CRMLS

Homes around $2,875,000

Selling? Save $172,001 when you sell a home like this

Tour with a ByOwner Agent