Property
Listing Agent: Aaron Jacobson (DRE #02100737) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-729-1559 · Bought with: William James · Lyon Stahl Investment Real Estate, Inc. · MLS #SB26114027 · Source: CRMLS
2806 S Norton Avenue sold for $1,725,000 in September 2026, 1.4% under its $1,750,000 list price, after 90 days on the market. Across 72 closed sales in 90018 over the last 12 months, the median sold price is $1,005,000 and the median is $510 per square foot.
| Quarter | Closed sales in 90018 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $975,500 |
| Q2 2026 | 34 | $1,050,000 |
| Q3 2026 | 30 | $944,950 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90018
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. Additionally, 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.
Listing description from the September 2026 sale, as reported to CRMLS.
MLS-reported closed sales in 90018, nearest first (last 12 months). All recent sales in Los Angeles →
2806 S Norton Avenue last sold in September 2026 for $1,725,000, according to CRMLS-reported closed sales.
$1,725,000, 1.4% below the $1,750,000 list price, after 90 days on the market.
72 homes closed in ZIP 90018 over the last 12 months at a median of $1,005,000 ($510 per square foot).
2806 S Norton Avenue is not currently listed on the MLS. Browse current homes for sale in Los Angeles on Nalren.