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$2,485,000
Est. payment /mo
16 Beds
8 Baths
6,775 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,775 sqft
Price per Sqft $366
MLS Listing ID 26833773
Bedrooms 16
HOA Y/N No
Year Built 1969
Lot Size 0.349 Acres
Property Description
8-unit apartment investment located in a strong Norwalk rental market. The property features an all 2-bedroom/1-bathroom unit mix with separate gas and electric meters. Recent improvements include a new roof, new fascia, and new exterior paint. The property is offered at a 5.78% current cap rate and 10.58 GRM with additional ADU potential (buyer to verify). Excellent unit mix and long-term investment fundamentals in a high-demand rental location.
Location
State CA
County Los Angeles
Area M1 - Norwalk
Zoning NOR317U*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Door-Single, Garage, One Space
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8078023015
Special Listing Condition Standard
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Listed by Nicholas Petrosian Remax Commercial and Investment Realty #01462598
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