2806 Norton, Los Angeles CA 90018 | $1,750,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 5280 Lot Sq Ft
  • Type: Apartment
  • Stories: 2
  • Year Built: 1964
  • MLS#: SB26114027
  • Community: C16 - Mid Los Angeles

Listing provided courtesy of Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-06-27 08:11:34.000000. Listing information © 2025 SANDICOR.

2806 Norton Ave is a rare, high-yield 5-unit apartment located in a prime pocket of West Adams, offering strong in-place cash flow supported by highly desirable unit layouts. The property benefits from special financing available at 80% LTV with 30-year interest-only terms, creating an attractive leverage opportunity for investors. The asset delivers a 7.76% going-in cap rate and a 10.86% cash-on-cash return while trading at under $380 per square foot, a compelling basis for the submarket. Four of the five units are large, townhome-style residences, a layout that is extremely desirable to tenants and consistently drives strong rents with lower turnover. The property’s total average monthly rent exceeds $3,000 per unit, highlighting the durability of the in-place income. Additionally, three of the five units are leased under HACLA, providing government-guaranteed rents and long-term income stability. This is a turn-key opportunity to acquire stable cash flow, favorable long-term debt, and well-positioned multifamily housing in one of Los Angeles’ most active neighborhoods.

More Details

0.12 Acres
2 Stories

David Piper

Call or Text: 858-525-5007

DRE# 02021985