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1445 S Norton Ave #3, Los Angeles, CA 90019
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1445 S Norton Ave #3 Los Angeles, CA 90019

$1,500,000 Sold Price as of 03/29/2024
  • 8 Beds
  • 4 Baths
  • 5,066 Sq.Ft.
Sold
$1,500,000 Sold Price as of 03/29/2024 Refinance Your Mortgage
Map preview of 1445 S Norton Ave #3, Los Angeles, CA 90019

Property Overview: 1445 S Norton Ave #3 Los Angeles, CA has 8 bedrooms, 4 bathrooms, 5,066 living square feet and 6,846 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: YOU MUST SEE THIS PRIDE OF OWNERSHIP!!! 5,066 ft/ 4 very spacious 2 bedroom units! Well maintained four unit investment property located in a quiet neighborhood not on a thru street! Each unit (almost 1,250 sf living space) features 2 bedrooms & 1 bathroom. Nice & cozy front porch & balconies. All units are bright & have been remodeled in the last 5 years. Owner has maintained & upgraded property over the years by installing dual-pane windows in all units, painting, c-tops & cabinets, etc. The exterior of the building was recently painted. With all the hard work done by owner, easy to manage & utilize this desirable fourplex as your steady income source! Separate gas & electric. Front & back doors. Direct access from detached assigned parking garage. 1 storage unit on the end of garage. The building is currently 100 % tenants occupied. Access to property with accepted offer. Please drive by and check out its gorgeous curb appeal. Close proximity to 10 FWY, The Grove, Beverly Hills, Hancock Park, Korea town and restaurants.

Listed by Scott Kim | BRE #01327749 | Bee Investment, Inc.
Last checked: 15 minutes ago | Last updated: April 1st, 2024 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
6,846
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24352119
City
Los Angeles
County
Los Angeles
Time on Site
112 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,244
  • Total Rent: $2,244
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,639
  • Total Rent: $1,639
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,782
  • Total Rent: $1,782
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,838
  • Total Rent: $1,838
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.94%
  • Gross Rent Multiplier: 17.75
  • Gross Scheduled Income: --
  • Net Operating Income: $63,035
  • Gross Operating Income: $90,050
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1445 S Norton Ave #3

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Private
Property Information
  • Total # of Units: 4
  • Parcel Number: 5072009023
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Pico and Norton (1 Blk East of Crenshaw & 1 Blk South of Pico Bl)
View more facts & features

Local Los Angeles Agent

Sale History for 1445 S Norton Ave #3

Last sold for $1,500,000 on March 29th, 2024

  • March, 2024

  • Mar 29, 2024

    Date

    Sold

    CRMLS: 24352119

    $1,500,000

    Price

  • Jan 29, 2024

    Date

    Active

    CRMLS: 24352119

    $1,599,000

    Price

  • September, 2021

  • Sep 8, 2021

    Date

    Active

    CRMLS: 21781516

    $2,300

    Price

  • Listing provided courtesy of CRMLS

    Recently updated spacious 2 bedroom & 1 bath on 1st floor/ 1 of 4 unit apartment, almost 1250 sf. Updates include freshly painted interior & exterior building, new blinds, new lights, new flooring with wood & tile, granite c-tops, new stove & cabinets & doors. Assigned 1 car garage. Direct access to the unit from parking. Washer & dryer hook ups. No A/C.

  • September, 2021

  • Sep 8, 2021

    Date

    Canceled

    CRMLS: 21765538

    $2,450

    Price

  • Jul 27, 2021

    Date

    Active

    CRMLS: 21765538

    $2,450

    Price

  • Listing provided courtesy of CRMLS

    MOVE-IN READY...SPACIOUS 2 BEDROOM 1 BATH ON 1ST FLOOR (ABOUT 1250 SF ). UPDATES JUST FINISHED RECENTLY INCLUDE NEW PAINT. NEW BLINDS, NEW FLOORING WITH WOODS & TILE. NEW STOVE, CABINETS & DOORS. NEW LIGHTS & GRANITE C-TOPS.

  • August, 2018

  • Aug 30, 2018

    Date

    Leased

    CRMLS: 18373626

    $1,700

    Price

  • Aug 28, 2018

    Date

    Active Under Contract

    CRMLS: 18373626

    $1,700

    Price

  • Aug 28, 2018

    Date

    Hold

    CRMLS: 18373626

    $1,700

    Price

  • Aug 23, 2018

    Date

    Active

    CRMLS: 18373626

    $1,700

    Price

  • Aug 14, 2018

    Date

    Hold

    CRMLS: 18373626

    $1,700

    Price

  • Aug 13, 2018

    Date

    Active

    CRMLS: 18373626

    $1,700

    Price

  • Listing provided courtesy of CRMLS

    MOVE-IN POSSIBLE (1ST WEEK OF SEPTEMBER)...SPACIOUS 2 BEDROOM 1 BATH (ABOUT 1200 SF ). BRITE & LITE. 2ND FLOOR UNIT. WOOD FLOORING THRU-OUT. WASHER & DRYER IN UNIT. SMALL BALCONY OFF MASTER BDRM.

  • July, 2013

  • Jul 31, 2013

    Date

    Sold (Public Records)

    Public Records

    $820,000

    Price

Show More

Tax History for 1445 S Norton Ave #3

Assessed Value (2020): $919,128
Year Land Value Improved Value Assessed Value
2020 $694,952 $224,176 $919,128

Home Value Compared to the Market

This property vs the competition

1445 S Norton Ave #3 sold on March 29, 2024 for 34.37% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $315.63 per/sqft which puts the price per square foot 58.19% lower than the current median sale per square foot for the city of Los Angeles.

About 1445 S Norton Ave #3

Detailed summary of property

1445 S Norton Ave #3 is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 5,066 living square feet, and sits on an approximately 6,846 square foot lot. 1445 S Norton Ave #3 was first listed on ArdentRealEstateGroup.com on January 29, 2024. The homeowner sold the property for $1,500,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 34.37% higher than the current median priced home. Local homes that are currently for sale include 1240 S Muirfield Rd, 2460 W 18th St and 4516 St Charles Pl. While the average home in Los Angeles, CA is selling in 92 days, 1445 S Norton Ave #3 has a days on market of 29 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1445 S Norton Ave #3 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 1445 S Norton Ave #3

Public county record property details
Beds
8
Baths
4
Year built
1924
Sq. Ft.
5,066
Lot Size
6,843
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
5072-009-023

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
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 1445 S Norton Ave #3

1436 S Norton Ave, Los Angeles, CA 90019
$1,180,000 Last Sold Price
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6 Baths
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1436 S Norton Ave
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1422 S Norton Ave, Los Angeles, CA 90019
$720,000 Last Sold Price
4 Beds
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1666 Sq.Ft.
1422 S Norton Ave
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1449 12th Ave, Los Angeles, CA 90019
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6 Beds
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1414 S Bronson Ave, Los Angeles, CA 90019
$1,170,000 Last Sold Price
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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