695 S Norton AvenueLos Angeles, CA 90005




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$16,197695 S. Norton Avenue is a rare 9-unit multifamily investment opportunity located in the heart of Wilshire Park, one of Koreatown's most desirable neighborhoods. Encompassing 11,647 rentable square feet, the property offers exceptionally large units with the two bedrooms averaging approximately 1,375 square feet each. The well-balanced unit mix includes six (6) spacious 2-bedroom, 2-bath units; two (2) 2-bedroom, 2-bath units with dens; and one (1) Studio unit. All residences are situated above a gated, subterranean parking garage with 13 spaces. Additional property features include secured entry with intercom access, gated underground parking, an elevator, and a shared laundry facility. With approximately $130,000 in rental upside (representing a 50% loss-to-lease), a new owner will have the opportunity to add significant value through interior renovations as units turn. Positioned just off Wilshire Boulevard, between the Wilshire/Western and Wilshire/La Brea Metro stations, the property offers tenants seamless connectivity to both Downtown Los Angeles and the Westside.
| 4 days ago | Listing updated with changes from the MLS® | |
| 4 days ago | Price changed to $3,550,000 | |
| 3 months ago | Listing first seen on site |
Based on information from the The MLS as of 2025-10-24 03:03 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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