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2806 S Norton Avenue

Los Angeles, CA 90018
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Bed 0

Bed

Bath 0

Bath

SqFt4,654

Sqft

SqFt5,280

Sqft(Lot)

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. Addit ionally, 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,750,000

AD Id : 79260024

MLS Id : SB26114027

Lot Size : 5,280 Sqft

Living Area Size : 4,654

Year Built : 1964

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1964
    Building Area Total: 4654
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5280 Lot Size Acres: 0.1212 Lot Size Source: Assessor Lot Size Square Feet: 5,280 Lot Description: 0-1 Unit/Acre

  • Listing Price Information

    Listing Price: $1750000
    Cash, Cash to New Loan, Conventional

  • Tax Information

    Parcel Number: 5051010002 Tax Lot: 123

  • Parking Information

    Parking Total: 5

  • Location Information

    Direction: Off Montclair and Adams WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1930 S La Salle Avenue, Los Angeles, CA, 90018 $2,000,000 11 11 7,420 7,420 SqFt
1760 W 24th Street, Los Angeles, CA, 90018 $749,000 6 4 2,623 2,623 SqFt
2052 S Hobart Boulevard, Los Angeles, CA, 90018 $1,999,000 4 4 3,019 3,019 SqFt
2068 S Hobart Boulevard, Los Angeles, CA, 90018 $1,850,000 5 4 4,087 4,087 SqFt
3013 Halldale Avenue, Los Angeles, CA, 90018 $800,000 3 2 1,400 1,400 SqFt
3111 Halldale Ave., Los Angeles, CA, 90018 $1,300,000 4 2 1,545 1,545 SqFt
1444 W 37th Street, Los Angeles, CA, 90018 $4,500,000 -- -- 9,056 9,056 SqFt
2822 S La Salle Avenue, Los Angeles, CA, 90018 $1,625,000 10 6 4,320 4,320 SqFt
2248 S Hobart Boulevard, Los Angeles, CA, 90018 $1,575,000 3 4 4,210 4,210 SqFt
1506 W 36th Street, Los Angeles, CA, 90018 $979,000 8 -- 5,118 5,118 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 08/11/2026 @ 09:28

MLS: SB26114027 LISTED BY: Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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