Millman Team Real Estate

$1,750,000
0.12 Acre Lot

2806 S Norton Avenue, Los Angeles, California 90018

  • Residential Income Property Type
  • 1964 Year Built
Property Description

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% going-in cap rate and a 10.86%

cash-on-cash return while trading at under $380 per

square foot, a compelling basis for the submarket. Four of

the five units are large, townhome-style residences, a

layout that is extremely desirable to tenants and

consistently drives strong rents with lower turnover. The

property’s total average monthly rent exceeds $3,000 per

unit, highlighting the durability of the in-place income.

Additionally, three of the five units are leased under

HACLA, providing government-guaranteed rents and

long-term income stability. This is a turn-key opportunity

to acquire stable cash flow, favorable long-term debt,

and well-positioned multifamily housing in one of Los

Angeles’ most active neighborhoods.

Basic Details
Residential Income
For Sale
SB26114027
$1,750,000
1964
0.12 Acre
Active
Apartment
Features
: None
: None
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90018
Norton
2806
Avenue
W119° 40' 3.9''
N34° 1' 51.1''
Off Montclair and Adams
C16 - Mid Los Angeles
S
Additional Information
$0
$0
$0
$0
$0
4654
: Park, Sidewalks, Street Lights, Suburban, Biking
1
: 0-1 Unit/Acre
5
2026-05-26
2
: Public
Broker/Agent Information
Lyon Stahl Investment Real Estate, Inc.
Aaron Jacobson
Listing Information
Brandon Maghen
sbmaghbra
SB1310620
Lyon Stahl Investment Real Estate, Inc.
SBJACOAAR
SB1310620
Cash,Cash to New Loan,Conventional
Active
2026-05-26T21:54:46Z
CRMLS
: Standard
2026-05-26T14:40:50Z
Agent info
Ray Millman
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