Los Angeles, CA 90019 1046 S Norton Avenue

1046 S Norton Avenue Los Angeles, CA - Image 11046 S Norton Avenue Los Angeles, CA - Image 21046 S Norton Avenue Los Angeles, CA - Image 3
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1046 S Norton Avenue Los Angeles, CA - Image 41046 S Norton Avenue Los Angeles, CA - Image 51046 S Norton Avenue Los Angeles, CA - Image 61046 S Norton Avenue Los Angeles, CA - Image 71046 S Norton Avenue Los Angeles, CA - Image 8
Presented By: Carolyn Schneider with Miller & Desatnik Realty Co.;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25528543
  • 04/29/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 14
  • Baths • 10
  • SQFT • 7,952

Home Details

1046 S. Norton Avenue is a clossic 1960's building located in the Country Club Park area of Los Angeles. It has a desirable mix of units consisting of of 1-3 bedroom+2 bath, 5-2 bedroom+1 bath, and 2-1 bedroom+1 bath with below market rents offering a buyer a quintessential value-add opportunity. Current ownership had made many improvements including all new vinyl double pane windows, new roof installed in 2022, upgraded electrical system, including new main panel and new individual panels as well as some upgraded copper plumbing and electrical gate. Many of the units have been upgraded with newer kitchens and appliances and upgraded bathrooms. Laundry room washer/dryer owned by the building. The building is large, consisting of over 7,952 sq. ft. per the assessor and an enormous lot of over 9,000 sq. ft. There is a large basement area that is currently closed off and not accessible.
Presented By: Carolyn Schneider with Miller & Desatnik Realty Co.;

Interior Features for 1046 S Norton Avenue

Bedrooms

Total Bedrooms14

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths10

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 1046 S Norton Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.71
Carport Spaces9.0
Carport Y/NYes
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsEast of Crenshaw and South of Olympic Boulevard
Full Baths
Garage Y/NNo
Gross Income180192.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet9183.0
Lot Size UnitsSquareFeet
MLS AreaC18 - Hancock Park-Wilshire
MobileHomeRemainsYNNo
Net Operating Income108186.0
New ConstructionNo
Number Of Units Total9
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories Count2
Year Built1962
Year Built SourceAssessor
ZoningLAR3

Exterior for 1046 S Norton Avenue

Building Area Total7952.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2108
Lot Size Area9183.0
Lot Size SourceAssessor
Number of Buildings1
Parking FeaturesCarport
Private PoolNo
SpaNo
Total Parking9.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,295,000
MLS#25528543
List Date 04/29/2025
Property Type Multi-Family
Phone 714.742.6515
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