Cash-Flowing Multifamily Asset in West
For Sale
$1,795,000
2806 Norton, Los Angeles, CA 90018
Cash-flowing West Adams multifamily property with strong income and desirable unit mix.
Property SizeContact for details
Days on Market111
Property Features for 2806 Norton
General Information
Standard status
Active
Property subtype
Commercial
Amenities
Mid Block
Building Details
Year Built
1964
Listing Agency:
LYON STAHL INVESTMENT REAL ESTATE, INC.
(310) 425-9838
Listed By:
AARON JACOBSON · License #02100737
Source:
Corcoran
Added: Apr 22
Changed: Aug 8
Last Checked: Aug 8 at 3:01PM
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.
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,268
Businesses Nearby
Explore this area
Business Placement
Demographics for 90018, CA
50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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.
