12-Unit Courtyard Apartment
For Sale
$1,950,000
1123 S Norton Ave, Los Angeles, CA 90005
Five detached buildings surround a central courtyard, with individually metered units and on-site tenant parking.
Property Size8,502 SF
Price / SF$229.36
Days on Market244
Property Features for 1123 S Norton Ave
General Information
Standard status
Active
Size
8,502 SF
Property subtype
Residential Income
Units
Unit Mix
10 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units
12
Additional Details
Public Transit
Yes
Amenities
central courtyard
Building Details
Buildings
5
Listing Agency:
Link Brokerages
(310) 743-3908
Listed By:
Coby Chatwin
(310) 743-3908
Source:
Exprealty
Added: Dec 30, 2025
Changed: Aug 30
Last Checked: Aug 30 at 4:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Link Brokerages
Investment Insights
Based on property information with market context.
Located at 1123 S Norton Ave in Los Angeles, this 8,502-square-foot apartment property contains 12 units across five detached buildings. The unit mix includes 10 one-bedroom, one-bathroom apartments and 2 two-bedroom, one-bathroom apartments. Buildings are organized around a central courtyard that provides shared outdoor space, while individual utility metering supports separate unit-level usage. On-site parking is available for tenants.
The property is positioned along residential streets in Arlington Heights, with access to Olympic Boulevard and Pico Boulevard. Dining, retail, and transit are located in the surrounding area. The asset currently reflects a cap rate of over 6.13%.
The property is positioned along residential streets in Arlington Heights, with access to Olympic Boulevard and Pico Boulevard. Dining, retail, and transit are located in the surrounding area. The asset currently reflects a cap rate of over 6.13%.
Key Highlights
- 12 total units: 10 one‑bedroom and 2 two‑bedroom apartments
- 8,502 SF apartment property across five detached buildings
- Central courtyard provides shared outdoor space
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
1,697
Businesses Nearby
Explore this area
Business Placement
Demographics for 90005, CA
37,987
Population
19,357
Households
2
Avg Household Size
37
Median Age
38%
College-Educated
74%
High-School Grad
1.2 sq mi
ZIP Area
31,656
Density / Sq Mi
$52,755
Median Household Income
$35,847
Median Earnings
$1,648
Median Rent
$1,084,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Five detached buildings surround a central courtyard, with individually metered units and on-site tenant parking.
Where is this apartment building located?
The property is located at 1123 S Norton Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 12 total units: 10 one‑bedroom and 2 two‑bedroom apartments; 8,502 SF apartment property across five detached buildings; Central courtyard provides shared outdoor space
