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9-Unit Apartment Building
For Sale
$2,990,000

695 S Norton Ave, Los Angeles, CA 90005

Well-maintained multifamily property with varied floor plans, gated parking, elevator access, and shared laundry facilities.

Property Size11,647 SF
Price / SF$256.72
Days on Market16

Property Features for 695 S Norton Ave

General Information

Standard status Active
Size 11,647 SF
Elevators Yes
Property subtype Multi-Family

Units

Unit Mix 6 x 2BR/2BA, 2 x 2BR + den, 1 x studio
Multifamily Units 9

Amenities

secured entry
gated parking
shared laundry room

Building Details

Year Built 1965
Buildings 1
Listing Agency:
Listed By: Accardo Real Estate Associates - AREA
Source: Naylorproperties
Added: Aug 15 Changed: Aug 29 Last Checked: Aug 29 at 6:27PM

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 Accardo Real Estate Associates - AREA

Investment Insights

Based on property information with market context.

Built in 1965, this 9-unit apartment property at 695 S. Norton Avenue includes six two-bedroom, two-bath residences, two two-bedroom units with dens, and one studio. The building offers approximately 11,650 square feet of living space, with generous layouts across the unit mix.

Property features include secured entry, gated parking, elevator service, and a shared laundry room. The building sits on a quiet residential street lined primarily with single-family homes in Wilshire Park, minutes from the center of Koreatown in Los Angeles. Its combination of unit variety, common-area amenities, and established residential setting provides a clear overview for multifamily ownership consideration.

Key Highlights

  • 9‑unit apartment building constructed in 1965
  • Unit mix includes six 2 bedroom, 2 bath units, two 2 bedroom units with dens, and one studio
  • Approximately 11,650 square feet of living space

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

4,995
Businesses Nearby

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

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

What type of property is this?
Apartment building - Well-maintained multifamily property with varied floor plans, gated parking, elevator access, and shared laundry facilities.
Where is this apartment building located?
The property is located at 695 S Norton Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: 9‑unit apartment building constructed in 1965; Unit mix includes six 2 bedroom, 2 bath units, two 2 bedroom units with dens, and one studio; Approximately 11,650 square feet of living space
More about this property
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