Price Reduced Listing
In-Person: 08/29 11:00 AM - 1:00 PM
810 S Norton Avenue,Los Angeles, CA 90005
Los Angeles, CA 90005
Description
Proudly introducing 810 S Norton Ave, a rare Duplex with massive value-add, flip, and high-income potential. Golden opportunity for both savvy owner-users and sharp investors. Well positioned on a charming, tree-lined street where the timeless elegance of Hancock Park meets the vibrant, high-energy pulse of Koreatown. This versatile Duplex offers the ultimate blend of central urban lifestyle and exceptional financial upside. The front residence has the feel of a character-rich, standalone single-family home featuring a spacious 2-bedroom, 2-bathroom, plus den layout that is perfectly tailored to be remodeled into a high-end, modern sanctuary for today's modern professionals. The private 1-bedroom, 1-bathroom rear second unit is currently generating $1,300 monthly rental income and can be leveraged to help offset mortgage payments. Prime candidate target to execute a high-value remodel/flip for eager end-buyers, or to hold and capture peak market rents in one of the most hotly in-demand and rapidly rising rental pockets in Koreatown. The detached garage structure has been converted into an ADU (Buyer to verify) for extra stream of income and added resale value. Located within a charming HPOZ neighborhood that preserves the area's architectural soul, this property is conveniently close in proximity to all benefits and amenities of Koreatown. Just steps away from LA's hottest dining scene, chic cafes, restaurants, as well as grocery markets, spas, and daily conveniences that make Koreatown one of the most sought-after neighborhoods for young professionals and international buyers alike. Imagine enjoying the best that Koreatown has to offer and coming home to a peaceful residential neighborhood setting. Truly a golden opportunity. Whether the aim is to maximize rental income by leasing all spaces at market rent, or to occupy the main house while collecting rental income from the back unit as an owner-user, the choice is entirely yours. 810 S Norton Ave is the perfect canvas. Opportunities with this much flexibility and upside do not last.
Details
| MLS # | 26863049 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 37 |
| Listing Provided By | Mi Jeong Kim | MiJeong Kim |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 1,621 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 1 |
| Zoning | LAR2 |
| Acreage | 0.13 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Dishwasher |
Parking
| Parking Features | Driveway, Garage, Tandem, Uncovered |
|---|---|
| Garage Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90005 |
| Area | C18 Hancock Park Wilshire |
| Listing VS Median (in 90005) | |
Price: $1,099,000 low | high Med: $581,944 sqft: 1,621 low | high Med: 922 $ / sqft: $678 low | high Med: $631 On site: 37 low | high Med: 155 | |
Market Activity 90005
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Learn More About This Property
| Open House |
|---|
| In-Person 08/29 11:00 AM - 1:00 PM |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90005 |
| Area | C18 Hancock Park Wilshire |
| Listing VS Median (in 90005) | |
Price: $1,099,000 low | high Med: $581,944 sqft: 1,621 low | high Med: 922 $ / sqft: $678 low | high Med: $631 On site: 37 low | high Med: 155 | |
