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Key Details
Sold Price $3,035,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS22233754
Sold Date 01/26/23
Bedrooms 7
HOA Y/N No
Lot Size 0.332 Acres
Lot Dimensions 48x196
Property Description
Prime investment opportunity to obtain 6 units condo style apartment in the heart of Norwalk in Los Angeles. Excellent location between Los Angeles and Orange Country. Over 7,979 square feet of living space with total of Thirteen bedrooms, Nineteen bathrooms. Each unit has a 2-car garage with directly access. Perfect combination for rental, one unit of 3 bedrooms with 2.5 bathroom ( 1,500S.F) and 5 units of 2 bedrooms, 2 1/2 baths ( 1,300 S.F each). Features open floor plan, private balcony, central A/C, master bedrooms, master baths, walk-in closets, high-end finishes in each, energy efficiency (LED lighting throughout), attic access, fire sprinklers, indoor laundry in each unit, and so much more. A total of 7 electrical panels, 1 for owner's use that covers the grounds of the property for misc. There are 6 gas meters, one for each unit. 4 guest parking. Tankless water heaters are installed in each unit. The grounds are secure with automatic gate, LED lighting, BBQ area. The property is fully loaded with features and amenities for tenants to enjoy that will warrant a premium in rents. Fully occupied with potential of the rent increase Easy access to both the 5, 91, and 605 freeways ... 6 min drive to Cerritos College, 10 min drive to Biola University, and centrally located near restaurants, shopping, and entertainment venues. Fully tenant occupied and inspection subject to offer accepted. Do not trespass.
Prime investment opportunity to obtain 6 units condo style apartment in the heart of Norwalk in Los Angeles. Excellent location between Los Angeles and Orange Country. Over 7,979 square feet of living space with total of Thirteen bedrooms, Nineteen bathrooms. Each unit has a 2-car garage with directly access. Perfect combination for rental, one unit of 3 bedrooms with 2.5 bathroom ( 1,500S.F) and 5 units of 2 bedrooms, 2 1/2 baths ( 1,300 S.F each). Features open floor plan, private balcony, central A/C, master bedrooms, master baths, walk-in closets, high-end finishes in each, energy efficiency (LED lighting throughout), attic access, fire sprinklers, indoor laundry in each unit, and so much more. A total of 7 electrical panels, 1 for owner's use that covers the grounds of the property for misc. There are 6 gas meters, one for each unit. 4 guest parking. Tankless water heaters are installed in each unit. The grounds are secure with automatic gate, LED lighting, BBQ area. The property is fully loaded with features and amenities for tenants to enjoy that will warrant a premium in rents. Fully occupied with potential of the rent increase Easy access to both the 5, 91, and 605 freeways ... 6 min drive to Cerritos College, 10 min drive to Biola University, and centrally located near restaurants, shopping, and entertainment venues. Fully tenant occupied and inspection subject to offer accepted. Do not trespass.
Location
State CA
County Los Angeles
Area Norwalk (90650)
Zoning Assessor
Interior
Cooling Central Forced Air
Building
Level or Stories 3 Story
Others
Acceptable Financing Cash, Exchange
Space Rent $2,800
Listing Terms Cash, Exchange
Financing Cash
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Bought with Martin Marquez • eXp Realty of California Inc.