1123 South Norton Avenue Los Angeles, CA ^$ 1,950,000

1123 South Norton Avenue

^$ 1,950,000

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1123 South Norton Avenue

Los Angeles, CA, 90019

^$ 1,950,000

Studio Baths0.0 Sq 8,502

Monthly Estimate*

^$ 12,006

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,950,000. This 8,502 square foot home was built in 1924 on a lot size of 0.37.

A unique Mid City investment opportunity located in the prime Arlington Heights neighborhood. Situated at 1123 South Norton Avenue, the property consists of 12 total units comprised of 10 one bedroom one bathroom units and 2 two bedroom one bathroom units. All units are individually metered and the property offers ample on site parking for tenants. The asset features five well maintained detached buildings arranged around a central courtyard, providing residents with a sense of privacy and enjoyable outdoor common space. Tucked along quiet Arlington Heights residential streets, the property remains close to major thoroughfares such as Olympic Boulevard and Pico Boulevard, offering convenient access to dining, retail, and transit. With below market rents and significant value add potential, this property presents an excellent opportunity for investors to capture over 50% rental upside in a strong and consistently in-demand rental submarket, with an attractive current cap of over 6.13%.

Multi-Family Active

Price

^$ 1,950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.37

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025631625

Features

General

Living Area 8502.0

Zoning LAR3

Year Built 1924

Levels Two

County Los Angeles

Net Operating Income 117247.0

New Construction No

Property Type C

HOA No

Status Active

City Los Angeles

Senior Community Y/N No

MLS Area HPK - Hancock Park

Lot Size Units Square Feet

Lot Size Square Feet 16180.0

Standard Status Active

Exterior

Parking Features None Carport Driveway

Lot Size Area 16180.0

Foundation Details None

Pool Y/N? Yes

Building Area Total 8502.0

Lot Dimensions 80x202

Lot Size Acres 0.37

Land Lease Type Fee

Interior

Total Stories 2

Air Conditioning Y/N No

Total Baths 0

* Excluded Features

List By

Coby Chatwin

Listing Agent

Link Brokerages

Broker

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$12,006

Per Month

Monthly Principal & Interest: $12,006
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,841,294

Percent of Sale Price 6%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/21/2026	$1,950,000	-8.75%	Price Down
12/31/2025	$2,136,987		Listed Price

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1123 South Norton Avenue, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $1,950,000 with 8,502 sqft and a lot size of 0.37. 1123 South Norton Avenue is a studio with 0.0 baths and was built in 1924. The property's zip code is 90019 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 1/21/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1123 South Norton Avenue

Multi-Family Home for sale in Los Angeles, CA

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