$1,750,000
2806 S Norton Avenue, Los Angeles CA 90018
Multi-Family (5 Units)
Property type
10 days
On market
$376
Price per sqft
0 cars
Garage
1964
Year built
5,280 sqft
Lot size
Open Houses
Overview
2806 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 7.76%...
Listing provided by: Aaron Jacobson DRE #02100737 310-729-1559, Lyon Stahl Investment Real Estate, Inc., Brandon Maghen DRE #02250000, Lyon Stahl Investment Real Estate, Inc.
Listing updated: May 26, 2026 at 09:54pm.
Last checked: Jun 2, 2026 at 08:00am
Source: CRMLS #SB26114027
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 3 | — | $3,668 | $3,668 | $3,900 | Unfurnished |
| 1 | 2 | 1 | — | $3,016 | $3,016 | $3,200 | Unfurnished |
| 1 | 3 | 1 | — | $3,822 | $3,822 | $3,800 | Unfurnished |
| 1 | 2 | 1 | — | $1,805 | $1,805 | $3,200 | Unfurnished |
| 1 | 3 | 2 | — | $3,690 | $3,690 | $3,850 | Unfurnished |
# of Buildings: 1
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 5
Financial Snapshot
Gross Rent Multiplier
9.1x
List Price / Annual Gross Rent
Cap Rate
7.76%
NOI / List Price
Gross Scheduled Income: $192,000
Vacancy Allowance: $9,600
Vacancy Allowance Rate: 5%
Operating Expense: $46,527
Net Operating Income: $135,880
Annual Operating Expenses
Electric: $722
Fuel: $0
Insurance: $5,119
Maintenance: $3,771
New Taxes: $21,875
Pest Control: $720
Professional Management: $9,600
Trash: $0
Water / Sewer: $4,000
Interior
Laundry: None
Entry Location: Front
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5051010002
Additional Parcels: No
Tax Lot: 123
Community
Senior Community: No
Community Features: Biking, Park, Street Lights, Suburban, Sidewalks
Nearby Schools
Nearby schools around the 2806 S Norton Avenue, Los Angeles, CA 90018. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,400,000
Total Interest
$1,785,623
Total Payment
$3,185,623
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,822
per month
Property History for 2806 S Norton Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90018.
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