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Key Details
Sold Price $4,800,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS24124907
Sold Date 10/17/24
Bedrooms 32
HOA Y/N No
Lot Size 0.534 Acres
Property Description
Excellent Investment with Great Income and Cash Flow!! Plumbing and Electrical systems upgraded in 2009. Roofing replaced in 2019. Concrete Driveway and Parking Area replaced in 2020. All Units underwent rehabilitation in 2009. Each unit comes with individual Water-Heater, Electric Meter, Gas Meter and Split AC Units. Units are condo style with Living room, kitchen, 1/2 Bath and A Den on 1st Floor, Bedrooms and Full bath is on the 2nd Floor. All units have all tiles on the 1st floor and Laminated flooring on the 2nd floor. The property also has a community laundry facility with coin operated machines that produce income (NOT include in the Gross Income). In addition, It is a permitted office room for the On-site Manager. Tenants pay their own gas and electric. Good location close to Town Square Center, transportation and school. In close Vicinity of 5, 605, 91 Freeways. 23 Parking and room for additional spaces.
Excellent Investment with Great Income and Cash Flow!! Plumbing and Electrical systems upgraded in 2009. Roofing replaced in 2019. Concrete Driveway and Parking Area replaced in 2020. All Units underwent rehabilitation in 2009. Each unit comes with individual Water-Heater, Electric Meter, Gas Meter and Split AC Units. Units are condo style with Living room, kitchen, 1/2 Bath and A Den on 1st Floor, Bedrooms and Full bath is on the 2nd Floor. All units have all tiles on the 1st floor and Laminated flooring on the 2nd floor. The property also has a community laundry facility with coin operated machines that produce income (NOT include in the Gross Income). In addition, It is a permitted office room for the On-site Manager. Tenants pay their own gas and electric. Good location close to Town Square Center, transportation and school. In close Vicinity of 5, 605, 91 Freeways. 23 Parking and room for additional spaces.
Location
State CA
County Los Angeles
Area Norwalk (90650)
Zoning Assessor
Building
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $17
Space Rent $37,250
Financing Cash
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Bought with Avinash Narang • BRC Advisors BH