Property Details
About this Property
2804 Norton Ave is a rare, high-yield 5-unit apartment located in a prime pocket of West Adams, offering strong in-place cash flow supported by highly desirable unit layouts. The property benefits from special financing available at 80% LTV with 30-year interest-only terms, creating an attractive leverage opportunity for investors. The asset delivers a 7.06% going-in cap rate and a 7.33% cash-on-cash return while trading at under $400 per square foot, a compelling basis for the submarket. Four of the five units are large, townhome-style residences, a layout that is extremely desirable to tenants and consistently drives strong rents with lower turnover. The property’s total average monthly rent exceeds $3,000 per unit, highlighting the durability of the in-place income. Additionally, four of the five units are leased under HACLA, providing government-guaranteed rents and long-term income stability. This is a turn-key opportunity to acquire stable cash flow, favorable long-term debt, and wellpositioned multifamily housing in one of Los Angeles’ most active neighborhoods.
MLS Listing Information
MLS #
CRSB26003857
MLS Source
California Regional MLS
Days on Site
9
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Contact Information
Listing Agent
Brandon Maghen
Lyon Stahl Investment Real Estate, Inc.
License #: 02250000
Phone: –
Co-Listing Agent
Aaron Jacobson
License #: 02100737
Phone: (310) 729-1559
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2804 S Norton is a Residential Income in Los Angeles, CA 90018. This – square foot property sits on a 5,280 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,850,000 and was built in 1964. This address can also be written as 2804 S Norton, Los Angeles, CA 90018.
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This listing information is up-to-date as of January 07, 2026. For the most current information, please contact Brandon Maghen
