Five-Unit Apartment
2806 S Norton Avenue Los Angeles, CA 90018
2806 S Norton Avenue, Los Angeles, CA, 90018
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For Sale
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Five units with townhome-style layouts, including HACLA-leased apartments, offering rental income durability for an investor-owner.
Days on Market58
Property Features for 2806 S Norton Avenue
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Lyon Stahl Investment Real Estate
(310) 729-1559
Listed by
Aaron Jacobson · License #02100737
Source
Crexi
Added: May 26 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 9:24AM
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
Investment Insights
Based on property information with market context.
This is a five-unit apartment building at 2806 S Norton Avenue. The property is configured with four large, townhome-style residences, alongside one additional unit. As described, the building’s unit mix is designed for strong tenant appeal, which can support steadier occupancy patterns. Three of the five units are leased under HACLA, providing government-guaranteed rental arrangements.
The property is located in West Adams within Los Angeles. The offering is presented as a turn-key acquisition for buyers looking to assume existing in-place income. The average monthly rent is reported as exceeding $3,000 per unit, reflecting the current rent levels across the portfolio.
For buyers and investors, the package includes described financing advantages, including special financing at 80% LTV with 30-year interest-only terms. The seller’s materials also cite a going-in cap rate and cash-on-cash return for underwriting purposes, as well as a per-square-foot figure associated with the purchase price. Overall, the combination of HACLA tenancy, townhome-style layouts, and structured debt terms makes the property a focused option for an owner seeking stable, long-term rental income characteristics.
The property is located in West Adams within Los Angeles. The offering is presented as a turn-key acquisition for buyers looking to assume existing in-place income. The average monthly rent is reported as exceeding $3,000 per unit, reflecting the current rent levels across the portfolio.
For buyers and investors, the package includes described financing advantages, including special financing at 80% LTV with 30-year interest-only terms. The seller’s materials also cite a going-in cap rate and cash-on-cash return for underwriting purposes, as well as a per-square-foot figure associated with the purchase price. Overall, the combination of HACLA tenancy, townhome-style layouts, and structured debt terms makes the property a focused option for an owner seeking stable, long-term rental income characteristics.
Key Highlights
- 5‑unit apartment in West Adams at 2806 Norton Ave, featuring 4 large, townhome‑style residences
- Three of the five units are leased under HACLA, providing government‑guaranteed rents
- Total average monthly rent exceeds $3,000 per unit, indicating durable in‑place income
Property Analytics
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FAQs
What type of property is this?
Apartment building - Five units with townhome-style layouts, including HACLA-leased apartments, offering rental income durability for an investor-owner.
Where is this apartment building located?
The property is located at 2806 S Norton Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 5‑unit apartment in West Adams at 2806 Norton Ave, featuring 4 large, townhome‑style residences; Three of the five units are leased under HACLA, providing government‑guaranteed rents; Total average monthly rent exceeds $3,000 per unit, indicating durable in‑place income
