Search Results for 

1121 S Norton Avenue, Los Angeles, CA

Welcome to SHOWCASE.COM, the Web's most comprehensive source of commercial property data, where you can search from 900,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land, Multi-Family or other commercial property types, just click the button to the right.
1121 S Norton Avenue

Los Angeles, CA 90019 - Koreatown MF Submarket

Property Type:Multi-Family Number of Units:20 Status:Existing Year Built:1928
Stories:2 Building Size:10,291 SF Land Area:.16 AC (7,144 SF)
For Sale Price:$2,795,000 Price/Unit:$139,750.00 Cap Rate:4.00 % GRM:14.50



APN: 5081-006-016

Sale Notes:
20 Unit value add opportunity in Olympic Park neighborhood with significantly low existing rents.

Features Sixteen (16) Single and Four (4) One Bedroom units with well proportioned lay outs and potential to expose brick exterior walls and add modern treatments to achieve market rents.

Property is separately metered for electrical and master metered for gas.
Just South of Olympic Blvd and East of Bronson in Olympic Park Neighborhood

-20 Units Located in the Olympic Park Neighborhood (90019) between Olympic Blvd. and Pico Blvd.

-Built in 1928 / Retrofitted Masonry Construction

-Unit Mix of Four (4) One Bedrooms and Sixteen (16) Single Units

-Significant Upside in Income as Current Rents Average Only +/-$808 per month

-Only $139,750 per Unit and 14.5 GRM on Current Rents

-Separately Metered for Electricity / Street Parking

KW Commercial
Rich Johns
(818) 432-1500

Share this listing

Copy and paste this HTML into your blog or web page:
<a href="" target="_blank">1121 S Norton Avenue, Los Angeles, CA - Commercial property</a>

Send Email
Add a personalized message: (Optional)
Copyright © 1997-2016 CoStar Realty Information, Inc. All rights reserved.  |  About SHOWCASE.COM |  Advertise |  Site Map