8-Bedroom ResidentialIncome — 3421 / 3427 S Norton Avenue, Los Angeles, CA
$1,237,500
3421 / 3427 S Norton Avenue, Los Angeles, CA
About this property
A unique two property investment package located at 3421-3427 South Norton Avenue. The offering consists of 16 total one bedroom one bathroom units across two buildings situated on two adjacent lots. With more than 13,000 square feet of building area and approximately 0.36 acres of land, the property features spacious units exceeding 800 square feet, ample on site parking, and attractive ADU potential. In an Opportunity Zone, the buildings are well-positioned along quiet neighborhood streets while still providing convenient access to major corridors including West Jefferson Boulevard, Crenshaw Boulevard, and the 10 Freeway. Below market rents combined with significant value add potential present an excellent opportunity for investors to capture over 35% rental upside with an attractive current cap of over 5.3%.
Property details
Location
3421 / 3427 S Norton Avenue • Los Angeles, CA 90018
Listed by
Coby Chatwin · Link Brokerages