$1,950,000
$1,950,000
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6,743 Sqft Lot
SOLD DATE : 03/31/2023
Key Details
Sold Price $1,950,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RS22258537
Sold Date 03/31/23
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1957
Lot Size 6,743 Sqft
Property Description
Over $100,000 in price reduction. Motivated seller. Current Cap 4.95%. Upside potential brings market cap to 6%. Value added investment. We are proud to present recently upgraded all 6 units in prime Norwalk area with high rental demand. City of Norwalk is a home of County recorder's office & a Social Security office accounting for largest employment. Great unit mix. Property consists of 2 buildings, duplex in the front two 2br/1ba; & 4 units in the back building, three 2 br/1 ba & one 1br/1 ba. Upgrades include flooring, new kitchen quartz counter tops, built in appliances with microwave, smooth ceiling,, new windows, new shower., electrical outlets and switches. fan/light fixtures, interior & exterior painting. 7 parking aces, Plenty of street parking as well. Walking distance to school, shops. no vacancy. Tenant pays electric & gas, owner pays water & trash.
Location
State CA
County Los Angeles
Area M1 - Norwalk
Zoning NOR3YY
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Flooring Vinyl
Fireplace No
Appliance Built-In Range, Disposal, Microwave
Laundry Inside
Exterior
Parking Features See Remarks
Fence Wood
Pool None
Community Features Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Water Available
Roof Type Composition
Accessibility Parking
Total Parking Spaces 7
Private Pool No
Building
Lot Description Lawn, Street Level
Foundation Raised, Slab
Sewer Sewer Tap Paid
Water Public
Architectural Style Traditional
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 8056023010
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Sebastian Martinez • CURB®