1014 S Norton Ave, Los Angeles, CA 90019

We are pleased to present a twenty-four (24) unit property located in Mid-City, California. Situated at 1014 South Norton Avenue, just south of West Olympic Boulevard, and east of Crenshaw Boulevard, the property is located in Northeast Mid-City, near the border of Koreatown & Mid-Wilshire. Koreatown has seen an influx of new developments as rents have risen substantially in the area. Mid-Wilshire has long been a desirable neighborhood with consistently high rents, and attractions that bring young and hip Angelenos from around the city into the area.Built in 1947, this two-story property has a straightforward unit mix of twenty four (24) bachelor units. The Colonial-Revival styled offering has 12 units on the first floor, and 12 units on the second floor. 8 of the units have been recently renovated. This property presents an opportunity at incredible rental upside potential in a neighborhood that is poised for continued growth.