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Sold for $1,700,000
  • $1,700,000

    1214 S Norton Ave, Los Angeles, CA 90019

    8beds
    7baths
    4,664sqft
    Multi Family
    Built in 1911
    -- sqft lot
    $1,679,800 Zestimate®
    $364/sqft
    $2,228 Estimated rent

    Home value

    $1,679,800

    $1.51M - $1.86M

    $2,228/mo

    Zestimate® history
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    What's special

    Prime Investment Opportunity 4-Unit Income Property in R3 Zone. This exceptional 4-unit property is located in a highly desirable area and sits on an expansive 12,720 sf lot with R3 zoning, offering excellent future development potential. The property is gated for security and privacy and features ample parking space for 20+ vehicles, making it a rare find in this market.Each unit is well-maintained, and the property includes a common laundry facility . The location is highly convenient, with easy access to restaurants, shopping centers, public transportation, and other local amenities.The property will be sold in AS-IS condition.Please note that the property is tenant-occupied, and showings will only be allowed with an accepted offer. There is no sign on the premises, and prospective buyers are requested not to disturb the tenants or walk on the property.Don't miss this incredible investment opportunity in a prime location!

    Zillow last checked:

    Listing updated:

    Listed by:

    Seong Kelly Chong DRE # 01273557 213-500-4803,

    Dream Realty & Investments Inc 213-380-8949

    Bought with:

    Alexis Kim, DRE # 01377398

    Christie's International Real Estate SoCal

    Source: CLAW,MLS#: 25505211MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 7
    Heating
    • Wall
    Cooling
    • Wall Unit(s), Other
    Interior area
    • Total structure area: 4,664
    • Total interior livable area: 4,664 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Assigned, Side By Side, Tandem, Open
    • Uncovered spaces: 20
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.29 Acres
    Details
    • Additional structures: Other
    • Parcel number: 5081008021
    • Zoning: LAR3
    • Special conditions: Standard
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1911

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $364/sqft
    • Tax assessed value: $1,640,465
    • Annual tax amount: $20,836
    • Date on market: 3/1/2025

    Price history

    DateEventPrice
    6/16/2025Sold$1,700,000$364/sqft
    Source: CLAW #25505211 Report a problem
    6/2/2025Pending sale$1,700,000$364/sqft
    Source: CLAW #25505211 Report a problem
    4/24/2025Contingent$1,700,000$364/sqft
    Source: CLAW #25505211 Report a problem
    3/27/2025Price change$1,700,000-15%$364/sqft
    Source: CLAW #25505211 Report a problem
    3/20/2025Price change$1,999,000-13%$429/sqft
    Source: CLAW #25505211 Report a problem
    3/1/2025Listed for sale$2,299,000+59.7%$493/sqft
    Source: CLAW #25505211 Report a problem
    11/12/2020Listing removed$2,500$1/sqft
    Source: Dream Realty Asset Mgt, Inc. #20654470 Report a problem
    10/23/2020Price change$2,500-5.7%$1/sqft
    Source: Dream Realty Asset Mgt, Inc. #20654470 Report a problem
    10/14/2020Price change$2,650-7%$1/sqft
    Source: Dream Realty Asset Mgt, Inc. #20654470 Report a problem
    9/25/2020Listed for rent$2,850-1.7%$1/sqft
    Source: Dream Realty Asset Mgt, Inc. #20654470 Report a problem
    3/5/2018Listing removed$2,900$1/sqft
    Source: Dream Realty Asset Mgt, Inc. #18315584 Report a problem
    2/27/2018Price change$2,900-9.4%$1/sqft
    Source: Dream Realty Asset Mgt, Inc. #18315584 Report a problem
    1/3/2018Listed for rent$3,200$1/sqft
    Source: Dream Realty Asset Mgt, Inc. #18299332 Report a problem
    7/8/2016Sold$1,440,000+60%$309/sqft
    Source: CLAW #16108368 Report a problem
    1/28/2005Sold$900,000+23.3%$193/sqft
    Source: Public Record Report a problem
    8/7/2003Sold$730,000+198%$157/sqft
    Source: Public Record Report a problem
    11/22/2000Sold$245,000$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,836 +1.1%$1,673,273 +1.9%
    2024$20,606 +1.9%$1,641,545 +2%
    2023$20,220 +4.8%$1,609,380 +2%
    2022$19,302 +1.3%$1,577,846 +2%
    2021$19,054 -1%$1,546,930 +1%
    2020$19,244 $1,531,080 +2%
    2019$19,244 +3.8%$1,501,080 +2.1%
    2018$18,540 $1,469,880 +2.1%
    2017$18,540 +2.3%$1,440,000 +35.9%
    2016$18,115 +34.2%$1,059,739 +1.5%
    2015$13,496 +0.9%$1,043,822 +2%
    2014$13,373 $1,023,376 +2.5%
    2012-- $998,777 +2%
    2011-- $979,195 +0.8%
    2010-- $971,878 -0.2%
    2009-- $974,188 +2%
    2008-- $955,087 +2%
    2007-- $936,360 +2%
    2006-- $918,000 +20.9%
    2005-- $759,492 +4%
    2004-- $730,000 +186.4%
    2003-- $254,898 +2%
    2002-- $249,900 +73%
    2000-- $144,461
    Find assessor info on the county website

    Neighborhood: Koreatown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,679,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,679,800