810 S Norton Avenue, Los Angeles, CA 90005

$1,199,000
3
BD
3
BA
1,621
SqFt

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Listing courtesy of Listing Agent: MiJeong Kim (mjskre@gmail.com) from Listing Office: Mi Jeong Kim.

List Price
$1,199,000
Status
ACTIVE
Days on Market
17
MLS#
26863049
Subtype
Residential Income
Year Built
1920
Bedrooms
3
Bathrooms
3
Living Area
1,621
Lot Size
5,648
Acres
0.13
MLS Area Major
Hancock Park-Wilshire (C18)

Property Description

Delightfully introducing 810 S Norton Ave, a rare Duplex with massive value-add, flip, and high-income potential. Golden opportunity for both savvy owner-occupants 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. FOR OWNER-USERS AND VISIONARY BUYERS - 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. FOR INVESTORS AND DEVELOPERS - ALL UNITS CAN BE DELIVERED VACANT UPON BUYER'S REQUEST. 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 letting the back unit help pay mortgage 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.

Additional Information

Zoning
LAR2
Appliances
Dishwasher
Heating
Wall Furnace
Stories
One Level
Levels
One
Parking Features
Driveway, Garage, Tandem, Uncovered

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.