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1214 S Norton Ave, Los Angeles, CA 90019

Sale Price: $1,700,000
Mar 1, 20254,664 sqft8 beds7 baths
Listed by: Seong Kelly Chong
License #: 01273557
Phone #: 213-500-4803
Dream Realty & Investments Inc
Source:
CRMLS Logo
MLS #: 25505211

Property Description

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!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,802

TurboHome Estimated Value

$1,543,400

$331 sqft

High Valuation
$1,620,570
$347/sqft
Normal Valuation
$1,543,400
$331/sqft
Low Valuation
$1,466,230
$314/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$331/sqft$1,543,400

Neighborhood: Mid City

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Comparative Value

$1.27M

$1.40M

$1.48M

$1.70M

$1.70M

2122 6th Ave, Los Angeles, CA 90018

Sale Price: $1,275,000

Selected Comparable

2743 James M Wood Blvd 8, Los Angeles, CA 90006

Sale Price: $1,400,000

Selected Comparable

4777 San Vicente Blvd, Los Angeles, CA 90019

Sale Price: $1,475,000

Selected Comparable

1214 S Norton Ave, Los Angeles, CA 90019

List Price: $1,700,000

Subject Property

1214 S Norton Ave, Los Angeles, CA 90019

Sale Price: $1,700,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1214 S Norton Ave, Los Angeles, CA 90019

1214 S Norton Ave, Los Angeles, CA 90019

List: $1,700,000

Listed: 3/1/2025

Area:4,664 sqft
Price/sqft:$364
Beds:8
Baths:7
Year Built:
Lot Size:12,753

Comparable Properties

COMPARABLE
Choose comps
1214 S Norton Ave, Los Angeles, CA 90019

1214 S Norton Ave, Los Angeles, CA 90019

Sale: $1,700,000

6/16/20250.00 mi

Area:4,664 sqft
Price/sqft:$364
Beds:8
Baths:7
Year Built:
Weight:34.3%
2743 James M Wood Blvd 8, Los Angeles, CA 90006

2743 James M Wood Blvd 8, Los Angeles, CA 90006

Sale: $1,400,000

4/9/20252.07 mi

Area:4,320 sqft
Price/sqft:$324
Beds:8
Baths:8
Year Built:
Weight:23.9%
4777 San Vicente Blvd, Los Angeles, CA 90019

4777 San Vicente Blvd, Los Angeles, CA 90019

Sale: $1,475,000

6/11/20251.01 mi

Area:5,540 sqft
Price/sqft:$266
Beds:8
Baths:8
Year Built:
Weight:23.6%
2122 6th Ave, Los Angeles, CA 90018

2122 6th Ave, Los Angeles, CA 90018

Sale: $1,275,000

1/23/20250.79 mi

Area:5,220 sqft
Price/sqft:$244
Beds:7
Baths:6
Year Built:
Weight:18.3%

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