11821 Orange Street

    Norwalk, CA 90650
    • $1,195,000
    • STATUS: Pending
    • ON SITE: 36 days
    • ID#: 19510834
    Pending
    UPDATED: 114 min ago
    $1,195,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,644
      SQFT
    • $452
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:
    Area:

    School Ratings & Info

    Description

    We are pleased to present 5 beautiful turnkey apartment units for sale in the city of Norwalk. This asset has undergone an extensive rehab, with over $115,000 in recent capital improvements. Some of the improvements include completely renovated interiors, new dual pane vinyl windows, and drought resistant landscaping. The city's location offers tenants quick and easy access to the 5, 605, 105, and 710 freeways, and is within a 10 mile radius from the areas major employment hubs in Los Angeles County. The subject property represents a tremendous opportunity for an investor to acquire an easy to manage turnkey building that generates great cash flow starting day 1!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T00:34:56.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
    www.sdluxe.com/homes/98959696

    11821 Orange Street Norwalk, CA 90650

    • Price: $1,195,000
    • Status: Pending
    • Updated: 114 min ago
    • ID#: 19510834
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,644
    SQFT
    $452
    $/SQFT
    1959
    Built
    Neighborhood:
    M1 - Norwalk
    County:
    Los Angeles
    Area:
    M1 - Norwalk
    Property Description
    We are pleased to present 5 beautiful turnkey apartment units for sale in the city of Norwalk. This asset has undergone an extensive rehab, with over $115,000 in recent capital improvements. Some of the improvements include completely renovated interiors, new dual pane vinyl windows, and drought resistant landscaping. The city's location offers tenants quick and easy access to the 5, 605, 105, and 710 freeways, and is within a 10 mile radius from the areas major employment hubs in Los Angeles County. The subject property represents a tremendous opportunity for an investor to acquire an easy to manage turnkey building that generates great cash flow starting day 1!
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Parking SpaceCovered Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Cap Rate 4.70 Gross Multiplier 13.90 Gross Operating Income 85788.00 Improvements Amount 90334 Land Value 30433 Laundry YN No Net Operating Income 56192.00 Special Listing Conditions Standard Total Expenses 27023.00 Zoning Nor3*

    Listing provided courtesy of Nicholas Petrosian of Remax Commercial And Investmen


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T00:34:56.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
     
    Crudo & Associates | Willis Allen Real EstateLa Jolla
    1131 Wall St.
    La Jolla CA, 92037