2806 S Norton, Los Angeles, CA 90018

• 4,654 sqft

Property Description

2806 Norton Ave is a cash-flowing asset in the heart of West Adams, offering strong in-place income and a highly desirable unit mix. The property benefits from attractive financing with just 20% down and 30-year terms, creating a compelling leveraged return for investors. The asset delivers a 7.86% going-in cap rate and over an 11% cash-on-cash return, supported by a solid basis for the submarket. Four of the five units are large, townhome- style layouts, which are highly sought after by tenants and tend to drive stronger rents with lower turnover. The property averages over $3,000 per unit in monthly rent, reinforcing the strength of the existing income. Three of the five units are currently leased through HACLA, providing a portion of government-backed rent and added income stability, while one vacant unit offers immediate upside through lease-up at market rents. This is a strong opportunity to acquire stable cash flow, favorable long-term debt, and well-located multifamily housing in one of Los Angeles' most active rental markets.

Listing Status:

Active

Date Added:

April 21, 2026

Data Last Updated:

May 1, 2026 at 7:06AM

Listing Office:

Lyon Stahl Investment Real Estate, Inc. : 310-425-9838

Listing Agent:

Aaron Jacobson : 310-729-1559

MLS ID:

CRSB26085887

Interior

• Laundry: No Hookups

Location

• County: Los Angeles

Lot

• Zoning: 5051010002