We offer FOR SALE this value-add 10-unit two-story walkup apartment building in the Mid-City of Los Angeles. Built in 1958, the property offers 8 – one bedroom/one bath and 2 – two bedroom one bath apartments and according to the Los Angeles County Tax Assessors office, 7,652 square feet of building area. There are several very low rents providing very good future rental upside. There are two vacant units and a good possibility of a third, (please contact listing agent for more information on this.) The location is two blocks east of Crenshaw Blvd and just north of Olympic Blvd. This area enjoys a central locality and is close by car to Downtown Los Angeles, the Miracle Mile, Hollywood, Mid-Wilshire and Beverly Hills. This building is surrounded by a vast pool of traditional employers in almost every conceivable industry as well as educational institutions, government facilities and small businesses of every sort and kind. This contributes to the strong mandate for apartments to rent in the area on top of the already acute demand based on the existing housing supply imbalance. Please refrain from walking on the property and please do not disturb the tenants. For more information, please call the listing agent.
Property Details
Price:
$1,598,000
MLS #:
25510147
Status:
Active
Baths:
0
Address:
933 S Norton Avenue
Type:
Residential Income
Neighborhood:
c18hancockparkwilshire
City:
Los Angeles
Listed Date:
Mar 17, 2025
State:
CA
ZIP:
90019
Lot Size:
8,367 sqft / 0.19 acres (approx)
Year Built:
1958
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Laminate, Carpet
Heating
Wall Furnace
Exterior
Garage Spaces
3.00
Parking Features
Carport
Parking Spots
9.00
Roof
Composition, Shingle
Sewer
Other
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address933 S Norton Avenue Los Angeles CA
- AreaC18 – Hancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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933 S Norton Avenue
Los Angeles, CA
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