$4,200,000
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0.45 Acres Lot
SOLD DATE : 05/19/2022
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IG22049364
Sold Date 05/19/22
HOA Y/N No
Year Built 1963
Annual Tax Amount $7,296
Tax Year 2020
Lot Size 0.447 Acres
Lot Dimensions Assessor
Property Description
Don't miss this rare investment opportunity. 14-unit apartment complex on an approximate 1/2-acre lot. Located in the heart of Norwalk near the intersection of Imperial Hwy and Norwalk Blvd. Close access to shopping, dining and near the 5 Fwy with easy access to Los Angeles and Orange County. Property consists of 14, 2 bed, 1 bath units in good condition. All units fully occupied with semi-open floor plans and spacious bedrooms. Additional parking spaces generate income. This property offers limitless potential due to its desirable location. Don't miss out on this great investment value.
Location
State CA
County Los Angeles
Area M1 - Norwalk
Zoning NOR3VV
Interior
Heating Natural Gas
Fireplace No
Laundry Inside
Exterior
Fence Block
Pool None
Community Features Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Shingle
Total Parking Spaces 19
Private Pool No
Building
Lot Description 11-15 Units/Acre, Lawn, Landscaped, Near Public Transit
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8047004007
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Financing Cash to Loan
Special Listing Condition Trust
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Bought with David Oronoz • Skyline Commercial Real Estate