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4-Unit Quadplex with Balconies
New
For Sale
$1,750,000

301 S Norton Ave, Los Angeles, CA 90020

Four two-bedroom residences include private balconies, in-unit laundry areas, and central heating.

Property Size5,098 SF
Lot Size0.15 Acres
Price / SF$343.27
Days on Market2

Property Features for 301 S Norton Ave

General Information

Standard status Active
Size 5,098 SF
Lot size 0.15 Acres
Property subtype Multi-Family
Zoning LAR3

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Amenities

private balconies
central heating
in-unit laundry areas
spacious backyard

Building Details

Year Built 1921
Buildings 1
Listed By: Rise Realty
Source: Riserealtyca
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 14 at 9:25PM

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 Rise Realty

Investment Insights

Based on property information with market context.

Built in 1921, this four-unit property contains approximately 5,098 square feet across four two-bedroom, one-bath residences. Each apartment has living and dining areas, private balconies, central heating, and an in-unit laundry area. Hardwood flooring remains in the upper residences, while the lower units have original hardwood beneath carpeting. The property also includes a detached garage and a backyard, on an approximately 6,675-square-foot lot zoned LAR3.

At 301 S Norton Ave in Los Angeles, the property is near Larchmont Village, Paramount Studios, Wilshire Boulevard, and the Marciano Art Foundation. Other nearby destinations listed include Wilshire Country Club, Beverly Grove, Hollywood, Downtown LA, schools, shopping, entertainment, and transit.

Key Highlights

  • Four 2‑bedroom, 1‑bath residences totaling approximately 5,098 SF
  • Approximately 6,675 SF lot with LAR3 zoning
  • Built in 1921

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Tanning Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

4,504
Businesses Nearby

Demographics for 90020, CA

38,694
Population
19,119
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
35,176
Density / Sq Mi
$55,832
Median Household Income
$37,718
Median Earnings
$1,734
Median Rent
$826,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom residences include private balconies, in-unit laundry areas, and central heating.
Where is this quadplex located?
The property is located at 301 S Norton Ave 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: Four 2‑bedroom, 1‑bath residences totaling approximately 5,098 SF; Approximately 6,675 SF lot with LAR3 zoning; Built in 1921
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