$1,550,000
For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 03/30/2021
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW21022697
Sold Date 03/30/21
HOA Y/N No
Year Built 1922
Lot Size 0.260 Acres
Property Description
Pleased to present you with an outstanding opportunity located at 14501 Arlee Ave, Norwalk CA. 90650! This turnkey property offers SIX spacious units that sit on a double lot of 11,500 square feet! Not only does this property offer six garages, but it also offers plenty of additional parking! Four of the units contain one bedroom & one bathroom each, and two units contain two bedrooms & one bathroom each! The current owners have done a tremendous job of bringing this property back to life by fully remodeling the kitchens, bathrooms, and the flooring! They have added new exterior features and completely changed the landscaping which offers a beautiful curb appeal! This is an opportunity that will not last. Unlike most commercial multi-family properties, this property is unique in which it is located in a prime residential neighborhood! There is a community laundry area that serves that can serve as an additional form of income! If you are looking for a turnkey property with great annual income then look no further! Lets make an offer today!
Location
State CA
County Los Angeles
Area M1 - Norwalk
Zoning NOR1*
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Biking, Curbs, Street Lights, Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description Back Yard, Garden, Lawn, Landscaped
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8073010015
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with JUAN COVARRUBIAS • UNITED CAPITAL REALTY