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A unique two property investment package located at 3421-3427 South Norton Avenue. The offering consists of 16 total one bedroom one bathroom units across two buildings situated on two adjacent lots. With more than 13,000 square feet of building area and approximately 0.36 acres of land, the property features spacious units exceeding 800 square feet, ample on site parking, and attractive ADU potential. In an Opportunity Zone, the buildings are well-positioned along quiet neighborhood streets while still providing convenient access to major corridors including West Jefferson Boulevard, Crenshaw Boulevard, and the 10 Freeway. Below market rents combined with significant value add potential present an excellent opportunity for investors to capture over 35% rental upside with an attractive current cap of over 5.3%.
| DAYS ON MARKET | 78 | LAST UPDATED | 3/17/2026 |
|---|---|---|---|
| YEAR BUILT | 1930 | COMMUNITY | PHHT - Park Hills Heights |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Jan 20, '26 | $1,465,141 |
|---|---|
| Jan 20, '26 - Mar 9, '26 | $1,375,000 |
| Mar 9, '26 - Today | $1,237,500 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | PHHT - Park Hills Heights |
| LOT | 7954 sq ft |
| LOT DIMENSIONS | 7952 |
| STORIES | 2 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/17/26 6:13 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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