1050 S Norton Avenue, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1050 S Norton Avenue,Los Angeles, CA 90019
$4,200,000
  • 0.43 Acres
  • Lots / Land
  • Active
Listed by: jordan petito, dario svidler
Office: keller williams beverly hills310-432-6400
MLS#:26842135
Source:CRMLS

Price summary

  • Price:$4,200,000

About this home

We are pleased to present the opportunity to acquire 1050 & 1056 S Norton Avenue, a 102-unit, 100% affordable apartment development site located in Los Angeles' Mid-Wilshire / Olympic Park submarket within the Country Club Park HPOZ. The project is situated on an approximately 18,533 SF lot in a central Los Angeles infill location near Mid-Wilshire, Koreatown, Hancock Park, and the greater Wilshire corridor. The proposed development is designed as a 5-story, Type III-A residential apartment building consisting of 102 total units, approximately 33,833 SF of rentable area, and approximately 42,908 SF of proposed building area. The project is being developed under Executive Directive 1 as a 100% affordable housing project pursuant to AB 1763 and AB 2345, allowing for unlimited density and zero parking within proximity to a major transit stop. The project benefits from significant development incentives, including zero parking, additional height allowances, and FAR increase. The plans...

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Home facts

  • Listing ID #:26842135
  • Added:114 day(s) ago
  • Updated:September 26, 2026 at 10:51 AM

Structure and exterior

  • Lot area:0.43 Acres

Finances and disclosures

  • Price:$4,200,000
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