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Cash-Flowing Multifamily Asset in West Adams

2806 Norton, Los Angeles, CA 90018

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For Sale

$1,795,000

Cash-flowing West Adams multifamily property with strong income and desirable unit mix.

Type:Commercial

HighLights

High cash‑on‑cash return (over 11%) and a 7.86% going‑in cap rate.
Attractive financing available with 20% down and 30‑year terms.
Four out of five units are desirable townhome‑style layouts.
Strong in‑place income with average rents over $3,000 per unit.
Three units are leased through HACLA, providing government‑backed rent and income stability.
One vacant unit offers immediate upside through lease‑up at market rents.

We can help!

Listing Contact

AARON JACOBSON

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For Sale

$1,795,000

Cash-flowing West Adams multifamily property with strong income and desirable unit mix.

Type:Commercial

Added:: Apr 22, 2026
Days on Market:: 53
Last Refresh:: Apr 22 at 8:15 pm

Property Features for 2806 Norton

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1964

We can help!

Listing Contact

AARON JACOBSON

Listing agent AARON JACOBSON License #02100737

Listing office LYON STAHL INVESTMENT REAL ESTATE, INC.

Listing date Apr 22, 2026

Source Corcoran

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 LYON STAHL INVESTMENT REAL ESTATE, INC.

HighLights

High cash‑on‑cash return (over 11%) and a 7.86% going‑in cap rate.
Attractive financing available with 20% down and 30‑year terms.
Four out of five units are desirable townhome‑style layouts.
Strong in‑place income with average rents over $3,000 per unit.
Three units are leased through HACLA, providing government‑backed rent and income stability.
One vacant unit offers immediate upside through lease‑up at market rents.

Overview

The property at 2806 Norton Ave is a cash-flowing asset located in West Adams. It offers strong in-place income and a desirable unit mix. The property benefits from attractive financing with 20% down and 30-year terms. The asset delivers a 7.86% going-in cap rate and over an 11% cash-on-cash return. Four of the five units feature large, townhome-style layouts. The property averages over $3,000 per unit in monthly rent. Three of the five units are currently leased through HACLA, providing a portion of government-backed rent and added income stability, while one vacant unit offers immediate upside through lease-up at market rents. It is located in one of Los Angeles’ most active rental markets.

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Local Demand

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.33259
Latitude: 34.0308

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What type of property is this?

Apartment building - Cash-flowing West Adams multifamily property with strong income and desirable unit mix.

Where is this apartment building located?

The property is located at 2806 Norton Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,795,000.

What are key features of this property?

This property features: High cash‑on‑cash return (over 11%) and a 7.86% going‑in cap rate.; Attractive financing available with 20% down and 30‑year terms.; Four out of five units are desirable townhome‑style layouts.