3024 S Norton Ave, Los Angeles, California 90018, Los Angeles, 90018 - 0 bed, 0 bath
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3024 S Norton Ave
Los Angeles, California 90018
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
3,242Sq Ft
6,628Lot Size
Property Price
LIST PRICE$2,800,000
EST. MARKET VALUE
$2,506,679
11% AboveMARKET VALUE
SUMMARY
This 4-Unit Multi-Family Asset is a High-Potential Investment Opportunity, listed at $2,800,000—positioned above the $2,506,680 Fair Market Value. While priced at a premium, the property features a Mint Condition Rating following a comprehensive renovation, including modern kitchens and an active central HVAC system. The 6,628-square-foot lot and House Hack potential provide significant long-term utility. Despite lower-rated local schools, the turnkey nature of this asset makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income to offset mortgage costs.
Estimated Market Value
$2,506,679
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3024 S Norton Ave Subject 0 bd · 0 ba · 3,242 sqft · $773 | $2,800,000* List Price | 0 | 0 | 3,242 | $773 | - |
A 2813 5th Avenue Sold 4 bd · 4 ba · 2,526 sqft · $835 · 0.6 mi | $2,110,000 | 4 | 4 | 2,526 | $835 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring modern kitchens with white shaker cabinets, stone countertops, and stainless steel appliances. The interior shows new flooring, recessed lighting, and updated paint throughout. Additionally, the listing confirms an active central HVAC system, and the exterior is well-maintained with modern curb appeal, meeting the criteria for mint condition despite the 1926 original build date.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
This 4-unit multi-family asset is perfectly configured for 'house hacking,' allowing an owner-occupant to reside in the renovated main house while three independent rental units provide significant mortgage offset.
- Modernized Main Residence
The primary 2-story home has been beautifully updated with contemporary finishes and includes a central HVAC system, offering a rare blend of 1920s character and modern climate control.
- Expansive Lot & Versatility
Situated on a generous 6,628-square-foot lot, the property provides exceptional outdoor space and versatility, a high-value feature for a multi-unit property in a dense urban location.
CONSRISKS & DEFICIENCIES
- Local School Ratings
The property is zoned for several local schools with low performance ratings (2/10), which may be a deterrent for families or impact future appreciation compared to neighboring districts.
- Premium Price Point
With a list price of $2.8 million, the property is positioned at the high end of the market for the 90018 area, which may result in a lower cap rate for pure investors compared to less renovated alternatives.
About 3024 S Norton Ave
Stunning 4 Unit beauty. Discover a rare, beautifully updated income property that seamlessly balances classic Los Angeles charm with modern flexibility. Situated on a sprawling 6,628-square-foot lot, this versatile multi-unit gem features a beautifully renovated 2-story main house equipped with an active central HVAC system. Ideal for savvy investors or buyers looking to "house hack"—live in one unit and let the independent rental units pay your mortgage! The generous lot size offers excellent outdoor versatility, and its prime, central location puts you minutes from local dining, shopping, public transit, and major Metro lines. Bring your vision to this dynamic property and unlock its true value! Property can be delivered vacant with the right offer!1
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 6,628 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Virginia Road Elementary School
Grades K-5 • 0.4 mi
5/10
Sixth Avenue Elementary School
Grades K-5 • 0.5 mi
3/10
Tom Bradley Global Awareness Magnet School
Grades K-5 • 1.0 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,242 | 1,670.836 |
| Lot Size | 6,628 | 6,152.156 |
| Price | $2.80M | $1.34M |
| Price per sq ft | $864 | $807 |
| Built year | 1926 | 1941 |
| HOA | $0 | $238 |
| Days on market | 21 | 56 |
Pricing History
Listed for Sale
Oct 19, 2026
$2,800,000
Initial Listing