1050 S Norton Ave, Los Angeles, CA 90019

This offering includes 1050 and 1056 S Norton Avenue, a combined development site proposed for a 5-story, Type III-A residential apartment building with 102 total units. The project is presented as a 100% affordable housing development and would deliver approximately 33,833 SF of rentable area and approximately 42,908 SF of proposed building area. The entitlement pathway references Executive Directive 1 and AB 1763 and AB 2345, including unlimited density and zero parking within proximity to a major transit stop. Planning materials also reference development incentives such as additional height allowances and FAR increase, along with off-menu incentives related to open space and tree reduction subject to approval.

The site is positioned on an approximately 18,533 SF lot in a central Los Angeles infill location within the Mid-Wilshire / Olympic Park submarket. The property sits within the Country Club Park HPOZ and is described as being near Mid-Wilshire, Koreatown, Hancock Park, and the broader Wilshire corridor, within an established residential neighborhood.

For developers seeking a scale affordable housing program, this parcel supports a 102-unit apartment concept under the stated ED1 framework, including a zero-parking approach. Zoning is identified as R3-1-O-HPOZ, and the plan’s incentive-driven structure is designed to align with an entitlement process that can accommodate density and design flexibility subject to approvals.