311 S Norton Ave Los Angeles, CA 90020

$3,150,000 Sold Price as of 07/10/2019

16 Beds
-- Baths
9,382 Sq.Ft.

Off Market

$3,150,000 Sold Price as of 07/10/2019 Refinance Your Mortgage

Map preview of 311 S Norton Ave, Los Angeles, CA 90020

Property Overview: 311 S Norton Ave Los Angeles, CA has 16 bedrooms, -- bathrooms, 9,382 living square feet and 6,621 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

311 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 $1,200,000. 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 $240,000 for the down payment and will need roughly $24,000 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.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Los Angeles Agent

Sale History for 311 S Norton Ave

Last sold for $3,150,000 on July 10th, 2019

September, 2023
Sep 27, 2023

Date

Canceled

CRMLS: 23307821

$3,700,000

Price
Sep 5, 2023

Date

Active

CRMLS: 23307821

$3,700,000

Price
Listing provided courtesy of CRMLS

An exceptional opportunity presents itself with this remarkable 8-unit apartment building, ideally situated in the coveted Hancock Park area. Boasting an outstanding unit composition, a majority of the units are designed in a townhome-style layout, enhancing their appeal. The property exclusively features spacious 2-bedroom units, and there exists substantial potential for increased rental income. Unit 3 will be delivered vacant. Meticulously maintained, this property offers astute investors the chance to leverage prevailing market rates, which are significantly higher than the current rental rates. Nestled amidst predominantly single-family residences and opposite multi-million dollar homes, this building enjoys an enviable location. Perfectly located in favorable Third Street School District. This is an extraordinary investment opportunity not to be missed!

Continue Reading
March, 2023
Mar 1, 2023

Date

Canceled

CRMLS: 23242161

$2,800

Price
Feb 15, 2023

Date

Active

CRMLS: 23242161

$2,800

Price
Listing provided courtesy of CRMLS

South of 3rd street on 3rd & Norton. This is a beautiful location with a very peaceful and quiet neighborhood. This Lovely apartment building resides near many spectacular locations to walk distance to Larchmont Village. This unit has 2 bedrooms and 2 bathrooms, it comes with 1 parking space, and we have a laundry room onsite for our tenants to use. The building is surrounded by mostly single family homes, and is across the street from multi-million dollar residences.

Continue Reading
February, 2023
Feb 17, 2023

Date

Canceled

CRMLS: 22225503

$2,800

Price
Dec 15, 2022

Date

Active

CRMLS: 22225503

$2,900

Price
Listing provided courtesy of CRMLS
September, 2022
Sep 28, 2022

Date

Expired

CRMLS: 22140915

$2,900

Price
Mar 28, 2022

Date

Active

CRMLS: 22140915

$2,900

Price
Listing provided courtesy of CRMLS

3rd school district area. Well maintained apartment with quiet neighborhood. The living room and kitchen is at the downstair and the bedrooms are located at the upstair. All wooden floor. Ready to move in.

Continue Reading
July, 2019
Jul 10, 2019

Date

Sold

CRMLS: 19450674

$3,150,000

Price
May 8, 2019

Date

Pending

CRMLS: 19450674

$3,150,000

Price
Apr 3, 2019

Date

Active

CRMLS: 19450674

$3,150,000

Price
Listing provided courtesy of CRMLS

Incredible 8 unit apartment building in prime Hancock Park location. The property contains an excellent unit mix of 75% town home style units. The property consists of all very large 2 bedroom units and there is considerable rental upside. The property is well maintained and provides the astute investor the ability to capitalize on market rents that are significantly higher than current rents. The building is surrounded by mostly single family homes and is across the street from multi-million dollar residences. Walking distance to Larchmont Village. Amazing opportunity!

Continue Reading
July, 2019
Jul 10, 2019

Date

Sold (Public Records)

Public Records

$3,150,000

Price
February, 2015
Feb 6, 2015

Date

Sold (Public Records)

Public Records

$2,825,000

Price

Tax History for 311 S Norton Ave

Assessed Value (2020): $3,150,240

Year	Land Value	Improved Value	Assessed Value
2020	$2,200,000	$950,240	$3,150,240

About 311 S Norton Ave

Detailed summary of property

311 S Norton Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90020 and last sold on July 10, 2019 for $3,150,000. This property has 16 bedrooms, -- bathrooms, roughly 9,382 living square feet, and sits on an approximately 6,621 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 181.25% higher than the current median priced home. 311 S Norton Ave was last sold on July 10, 2019 for $3,150,000. Local nearby listings include 620 S Gramercy Pl #223, 4568 W 1st St #205 and 141 N Gower St. The average home in Los Angeles, CA is selling in 105 days. There are currently 4185 homes for sale in the Los Angeles real estate market and 2867 of them are single family homes while 1195 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 311 S Norton Ave Los Angeles, CA 90020 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 311 S Norton Ave

Public county record property details

Beds: 16
Baths: --
Year built: 1964
Sq. Ft.: 9,382
Lot Size: 6,621
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 10
APN: 5504-013-010

The source for these homes facts are from public records.

90020 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$795,000

Median List Price/Sq.Ft.

$674

Median Sold Price

$802,000

Median Sold Price/Sq.Ft.

$667

Total Inventory

Median Sale to List Price %

98.4%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (50%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote