Prime Investment Opportunity 4-Unit Income Property in R3 Zone. This exceptional 4-unit property is located in a highly desirable area and sits on an expansive 12,720 sf lot with R3 zoning, offering excellent future development potential. The property is gated for security and privacy and features ample parking space for 20+ vehicles, making it a rare find in this market.Each unit is well-maintained, and the property includes a common laundry facility . The location is highly convenient, with easy access to restaurants, shopping centers, public transportation, and other local amenities.The property will be sold in AS-IS condition.Please note that the property is tenant-occupied, and showings will only be allowed with an accepted offer. There is no sign on the premises, and prospective buyers are requested not to disturb the tenants or walk on the property.Don't miss this incredible investment opportunity in a prime location!
Under contract
Price cut: $299K (3/27)
$1,700,000
1214 S Norton Ave, Los Angeles, CA 90019
8beds
7baths
4,664sqft
Est.:
Multi Family
Built in 1911
-- sqft lot
$1,693,300 Zestimate®
$364/sqft
$-- HOA
What's special
- 73 days
- on Zillow |
- 111 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 03:36am
Listed by:
Seong Kelly Chong DRE # 01273557 213-500-4803,
Dream Realty & Investments Inc 213-380-8949
Source: CLAW,MLS#: 25505211

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
Heating
- Wall
Cooling
- Wall Unit(s), Other
Interior area
- Total structure area: 4,664
- Total interior livable area: 4,664 sqft
Property
Parking
- Total spaces: 20
- Parking features: Assigned, Side By Side, Tandem, Open
- Uncovered spaces: 20
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.29 Acres
Details
- Additional structures: Other
- Parcel number: 5081008021
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1911
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $364/sqft
- Tax assessed value: $1,640,465
- Annual tax amount: $20,606
- Date on market: 3/1/2025
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