1240 S Norton Avenue, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

1240 S Norton Avenue

Los Angeles, CA 90019
18 Beds
16 Baths
9,822 Sq Ft
Built 1963
$2,875,000

Property Overview

Rare opportunity to acquire a 16-unit garden walk-up apartment building in the heart of Mid-City Los Angeles. Built in 1963, the property offers approximately 9,822 square feet of building area on a 12,963-square-foot lot. The unit mix consists primarily of one-bedroom apartments, along with a three-bedroom manager's unit.Six apartments will be delivered vacant, creating an immediate opportunity to renovate, reposition and increase rental income. Recent improvements include a new roof and an updated electrical system. Additional features include 16 secured parking spaces, on-site laundry, separately metered gas and electricity, and a completed earthquake retrofit.Conveniently located near the Pico and Washington Boulevard corridors with easy access to Koreatown, Mid-Wilshire, Downtown Los Angeles, Culver City, public transportation, shopping and dining. Zoned LAR3 and situated on a substantial 0.30-acre parcel, the property presents strong value-add potential in a centrally located Los Angeles rental market.

Home Details

Property type
Residential Income
Year built
1963
Living area
9,822 sq ft
Lot size
12,697 sq ft
Parking
16 spaces
Stories
2
Days on market
18
MLS status
Active
Zoning
LAR3

Features & Amenities

Parking

  • Assigned

Community, Schools & Utilities

Utilities

Heating
None
Cooling
None
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Location & Neighborhood

1240 S Norton Avenue

Los Angeles, CA 90019

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Frequently Asked Questions About 1240 S Norton Avenue

Property type: Residential Income

The current asking price is $2,875,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1240 S Norton Avenue. Our team will confirm availability and timing.
This 18 bedrooms and 16 bathrooms property offers approximately 9,822 square feet of living space. It was built in 1963. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 18 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Eric Quiros
MLS ID: CLW-X12803

Available property

$2,875,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.