Properties

Los Angeles, CA 90019 1123 S Norton Avenue

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Presented By: Coby Chatwin with Link Brokerages;
  • MLS# 25631625
  • 12/30/2025
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  • Beds • 14
  • Baths • 10
  • SQFT • 8,502

Home Details

A unique Mid City investment opportunity located in the prime Arlington Heights neighborhood. Situated at 1123 South Norton Avenue, the property consists of 12 total units comprised of 10 one bedroom one bathroom units and 2 two bedroom one bathroom units. All units are individually metered and the property offers ample on site parking for tenants. The asset features five well maintained detached buildings arranged around a central courtyard, providing residents with a sense of privacy and enjoyable outdoor common space. Tucked along quiet Arlington Heights residential streets, the property remains close to major thoroughfares such as Olympic Boulevard and Pico Boulevard, offering convenient access to dining, retail, and transit. With below market rents and significant value add potential, this property presents an excellent opportunity for investors to capture over 50% rental upside in a strong and consistently in-demand rental submarket, with an attractive current cap of over 6.13%.
Presented By: Coby Chatwin with Link Brokerages;

Interior Features for 1123 S Norton Avenue

Bedrooms

Total Bedrooms14

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths12

Other Interior Features

Air Conditioning Y/NNo
Total Stories2

General for 1123 S Norton Avenue

Buyer FinancingCash
Cap Rate5.49
Carport Spaces3
Carport Y/NYes
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsNorth of W Pico Blvd, South of W Olympic Blvd.
Full Baths
Gross Income175884
HOANo
LevelsTwo
Listing TermsCash
Living Area8502
Lot Size Square Feet16180
Lot Size UnitsSquare Feet
MLS AreaC18 - Hancock Park-Wilshire
Net Operating Income117247
New ConstructionNo
Number Of Units Total12
Occupancy TypeTenant
Open Parking Spaces9
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count2
Year Built1924
ZoningLAR3

Exterior for 1123 S Norton Avenue

Building Area Total8502
Lot Dimensions80x202
Lot Size Acres0.3714
Lot Size Area16180
Lot Size SourceAssessor
Number of Buildings5
Parking FeaturesCarport, Driveway
Total Parking12

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,950,000
MLS#25631625
List Date 12/30/2025
Property Type Multi-Family
Phone 888.795.6274
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Request Tour
Request Info
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