$3,035,000
$3,250,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
0.33 Acres Lot
SOLD DATE : 01/26/2023
Key Details
Sold Price $3,035,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS22233754
Sold Date 01/26/23
HOA Y/N No
Year Built 2017
Annual Tax Amount $39,000
Lot Size 0.332 Acres
Lot Dimensions Assessor
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.
Location
State CA
County Los Angeles
Area M1 - Norwalk
Zoning NOR3*
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplace No
Appliance Built-In Range, Dishwasher, Disposal
Laundry Washer Hookup, Laundry Closet, Upper Level
Exterior
Garage Spaces 12.0
Garage Description 12.0
Pool None
Community Features Suburban
Utilities Available Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Amenities Available Playground
Total Parking Spaces 16
Private Pool No
Building
Lot Description Sprinkler System
Story Three Or More
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Custom
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 8082017022
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Martin Marquez • eXp Realty of California Inc.