Prime Investment Opportunity 4-Unit Income Property in R3 Zone. This exceptional 4-unit property is located in a highly desirable area and sits on an expansive 12,720 sf lot with R3 zoning, offering excellent future development potential. The property is gated for security and privacy and features ample parking space for 20+ vehicles, making it a rare find in this market.Each unit is well-maintained, and the property includes a common laundry facility . The location is highly convenient, with easy access to restaurants, shopping centers, public transportation, and other local amenities.The property will be sold in AS-IS condition.Please note that the property is tenant-occupied, and showings will only be allowed with an accepted offer. There is no sign on the premises, and prospective buyers are requested not to disturb the tenants or walk on the property.Don’t miss this incredible investment opportunity in a prime location!
Property Details
Price:
$1,700,000
MLS #:
25505211
Status:
Active Under Contract
Baths:
0
Address:
1214 S Norton Avenue
Type:
Residential Income
Neighborhood:
c18hancockparkwilshire
City:
Los Angeles
Listed Date:
Mar 1, 2025
State:
CA
ZIP:
90019
Lot Size:
12,753 sqft / 0.29 acres (approx)
Year Built:
1911
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Schools
Interior
Heating
Wall Furnace
Exterior
Parking Features
Assigned, Side by Side, Tandem Garage, Uncovered
Parking Spots
20.00
Stories Total
2
Financial
Map
Community
- Address1214 S Norton Avenue Los Angeles CA
- AreaC18 – Hancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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1214 S Norton Avenue
Los Angeles, CA
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