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  • 1240 S Norton Avenue

1240 S Norton Avenue, Los Angeles, CA 90019

$2,875,000 Approx. USD 18 beds, 16 baths
9,822 sqft
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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
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Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Fax: 818-386-9007
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Listing Agent


Eric Quiros | ericquiros@me.com
Lic#: 00846492
Broker: Courtesy of Capital Brokers
Phone: 213-500-3680

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 26917889
Price: $2,875,000
Beds: 18
Baths: 16
Built in 1963
9,822 sqft
2 stories
0.29 acres
Lot size: 0.2915
County: Los Angeles
Zoning: LAR3
Parking description: Assigned
Heating/cooling: None
Heating description: None
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 9/18/2026

 Days On Market (DOM): 18

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

Lat/Long: 34.048256, -118.323012.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
Call My Cell
Call My Office
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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