$2,295,000
PENDING

Estimated payment $14,860/month

Total Views 506
14 Beds
10 Baths
7,952 Sq Ft
$289 Price per Sq Ft

About This Home

1046 S. Norton Avenue is a clossic 1960's building located in the Country Club Park area of Los Angeles. It has a desirable mix of units consisting of of 1-3 bedroom+2 bath, 5-2 bedroom+1 bath, and 2-1 bedroom+1 bath with below market rents offering a buyer a quintessential value-add opportunity. Current ownership had made many improvements including all new vinyl double pane windows, new roof installed in 2022, upgraded electrical system, including new main panel and new individual panels as well as some upgraded copper plumbing and electrical gate. Many of the units have been upgraded with newer kitchens and appliances and upgraded bathrooms. Laundry room washer/dryer owned by the building. The building is large, consisting of over 7,952 sq. ft. per the assessor and an enormous lot of over 9,000 sq. ft. There is a large basement area that is currently closed off and not accessible.

Listing Agent

Carolyn Schneider

Miller & Desatnik Realty Co. License #00881530 Listed on: 06/17/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Home Design

  • Composition Roof

Interior Spaces

  • 7,952 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 10 Bathrooms

Parking

  • 9 Parking Spaces
  • 9 Carport Spaces

Additional Features

  • 9,183 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 5081-010-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 7952
  • Lot Acreage: 0.2108
  • Probate: No
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 288.61

Exterior Features

  • Other Structures: None
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 9
  • Parking Garage: Carport
  • Total Parking: 9

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 29.98
  • Assessed Improvement Value: 798361
  • Assessed Land Percent: 70.02
  • Assessed Land Value: 1864666
  • Total Assessed Value: 2663027
  • Assessor Parcel Number: 5081-010-008
  • Lot Size Area: 9183

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.57
  • Number Of Units: 9
  • Total Annual Expense: 69000
  • Type Of Units: Apartments
  • Vacancy Rate: $5,406

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Pending -- -- --
06/17/2025 06/17/25 For Sale $2,295,000 0.0% $289 / Sq Ft
05/01/2025 05/01/25 Off Market $2,295,000 -- --
04/25/2025 04/25/25 For Sale $2,295,000 0.0% $289 / Sq Ft
04/04/2025 04/04/25 Rented $2,200 0.0% --
03/06/2025 03/06/25 Price Changed $2,200 -4.3% $0 / Sq Ft
01/10/2025 01/10/25 For Rent $2,300 -36.1% --
01/20/2021 01/20/21 Rented $3,600 0.0% --
11/25/2020 11/25/20 For Rent $3,600 0.0% --
02/11/2014 02/11/14 Sold $1,599,000 0.0% $201 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $1,599,000 -- $201 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25528543

The MLS