1123 S Norton Ave Los Angeles, CA 90019

$42,000 Sold Price as of 11/27/1996

14 Beds
12 Baths
8,502 Sq.Ft.

Off Market

$42,000 Sold Price as of 11/27/1996 Refinance Your Mortgage

Map preview of 1123 S Norton Ave, Los Angeles, CA 90019

Property Overview: 1123 S Norton Ave Los Angeles, CA has 14 bedrooms, 12 bathrooms, 8,502 living square feet and 16,185 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1123 S Norton Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1123 S Norton Ave

Last sold for $42,000 on November 27th, 1996

January, 2023
Jan 23, 2023

Date

Expired

CRMLS: 22209787

$2,750,000

Price
Oct 17, 2022

Date

Active

CRMLS: 22209787

$2,750,000

Price
Listing provided courtesy of CRMLS

Unique Mid City investment opportunity in prime Arlington Heights - first time on the market since 1996. 1123 S Norton consists of 12 total units, (10) 1+1 and (2) 2+1, with all units individually metered and ample onsite parking. The five detached buildings are well-kept and surround a center courtyard, where tenants can enjoy private outdoor space. This asset is well positioned on Arlington Heights neighborhood streets but remains within walking distance to popular streets such as Olympic and Pico. Below market rents and plenty of value-add potential offer an excellent opportunity for any investor to capitalize on over 79% rental upside potential.

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November, 1996
Nov 27, 1996

Date

Sold (Public Records)

Public Records

$42,000

Price

Tax History for 1123 S Norton Ave

Assessed Value (2020): $409,522

Year	Land Value	Improved Value	Assessed Value
2020	$186,147	$223,375	$409,522

About 1123 S Norton Ave

Detailed summary of property

1123 S Norton Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90019 and last sold on November 27, 1996 for $42,000. This property has 14 bedrooms, 12 bathrooms, roughly 8,502 living square feet, and sits on an approximately 16,185 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 96.25% lower than the current median priced home. 1123 S Norton Ave was last sold on November 27, 1996 for $42,000. Local nearby listings include 1023 S Wilton Pl, 1027 S Lucerne Blvd and 1210 S Lucerne Blvd. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 1123 S Norton Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1123 S Norton Ave

Public county record property details

Beds: 14
Baths: 12
Year built: 1924
Sq. Ft.: 8,502
Lot Size: 16,185
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 33,34
APN: 5081-006-018

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,459,000

Median List Price/Sq.Ft.

$707

Median Sold Price

$1,277,500

Median Sold Price/Sq.Ft.

$715

Total Inventory

Median Sale to List Price %

98.65%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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