1240 South Norton Avenue Los Angeles, CA ^$ 2,875,000

1240 South Norton Avenue

^$ 2,875,000

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1240 South Norton Avenue

Los Angeles, CA, 90019

^$ 2,875,000

Studio Baths0.0 Sq 9,822

Monthly Estimate*

^$ 18,153

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,875,000. This 9,822 square foot home was built in 1963 on a lot size of 0.29.

Rare opportunity to acquire a 16-unit garden walk-up apartment building in the heart of Mid-City Los Angeles. Built in 1963, the property offers approximately 9,822 square feet of building area on a 12,963-square-foot lot. The unit mix consists primarily of one-bedroom apartments, along with a three-bedroom manager's unit.Six apartments will be delivered vacant, creating an immediate opportunity to renovate, reposition and increase rental income. Recent improvements include a new roof and an updated electrical system. Additional features include 16 secured parking spaces, on-site laundry, separately metered gas and electricity, and a completed earthquake retrofit.Conveniently located near the Pico and Washington Boulevard corridors with easy access to Koreatown, Mid-Wilshire, Downtown Los Angeles, Culver City, public transportation, shopping and dining. Zoned LAR3 and situated on a substantial 0.30-acre parcel, the property presents strong value-add potential in a centrally located Los Angeles rental market.

Multi-Family Active

Price

^$ 2,875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.29

Year Built

1963

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026917889

Features

General

Living Area 9822

Zoning LAR3

Pool Features None

Year Built 1963

Levels Two

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Los Angeles

Senior Community Y/N false

MLS Area HPK - Hancock Park

Lot Size Units Square Feet

Lot Size Square Feet 12697

Standard Status Active

Interior

Total Stories 2

Air Conditioning Y/N false

Heating Y/N false

Total Baths 0

Exterior

Parking Features Assigned

Lot Size Area 12697

Foundation Details None

Building Area Total 9822

Lot Size Acres 0.29

* Excluded Features

List By

Eric Quiros

Listing Agent

Capital Brokers

Broker

ericquiros@me.com

Affordability Calculator

$18,153

Per Month

Monthly Principal & Interest: $18,153
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$1,863,906

Percent of Sale Price 35%

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.

4827338 Elementary School

0 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
8/31/2026	$2,875,000		Listed Price

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1240 South Norton Avenue, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $2,875,000 with 9,822 sqft and a lot size of 0.29. 1240 South Norton Avenue is a studio with 0.0 baths and was built in 1963. 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 6.49% 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 8/31/2026. 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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1240 South Norton Avenue

Multi-Family Home for sale in Los Angeles, CA

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