For Sale
1160 S Norton Avenue 108, Los Angeles, CA 90019
  • $3,990,000
  • $324

Overview

Property ID: HZ9224544
  • Residential Income
  • Property Type
  • 20
  • Bedrooms
  • 16
  • Bathrooms
  • 0.00
  • Garage
  • 12314.00
  • Sqft
  • 1951
  • Year Built

Description

The 16 units are spread out across 12,314 square feet with a great unit mix consisting of (12)1 Bed / 1 Bath, and (4) 2 Bed / 1 Bath units. The building sits on a large 15,439 square foot lot zoned LAR3 and was built in 1951. There is potential to build ADU’s in the rear of the property in the carport structure. With rents well below market, the subject property provides a future investor excellent upside potential as the surrounding area has seen a lot of growth in the recent past. With the right management strategy an investor will capitalize on the approximately 49% upside potential the building has to offer. The building features secure gated entry and carport parking in the rear of the property totaling 9 spaces.

  • Address 1160 S Norton Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90019
  • Area C18 - Hancock Park-Wilshire
  • Country United States

Details

Updated on August 28, 2023 at 5:16 pm
  • Property ID: HZ9224544
  • Price: $3,990,000
  • Property Size: 12314.00 Sqft
  • Land Area: 15439.00 Sqft
  • Bedrooms: 20
  • Bathrooms: 16
  • Garage: 0.00
  • Year Built: 1951
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 12314.00
  • Living Area Prefix: Sqft
  • MLS#: 23291453
  • Office Name: LYON STAHL INVESTMENT REAL ESTATE, INC.
  • Agent Name: William James
  • MLS Status: Active
  • Co-Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Co-Agent Name: Peter James
  • Agent State License: 01734419
  • Co-Agent State License: 01748556

Additional details

  • Roof: Composition,Shingle
  • View: City Lights
  • Sewer: Other
  • Cooling: Wall/Window Unit(s)
  • County: Los Angeles
  • Parking: 9.00

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