Get the App

11912 Rosecrans Avenue, Norwalk, CA 90650

Commercial property

For sale now

11912 Rosecrans Avenue is on the market at $788,000 (2,250 sqft). See the current listing →

11912 Rosecrans Avenue, Norwalk, CA 90650 Sold May 2018 CRMLS
$575,000Sold May 2018

Listing Agent: Chris Comfort (DRE #01407997) · Listing Office: Apex Properties · Contact: 818-917-6558 · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #DW18069430 · Source: CRMLS

2,250
Building Sq Ft
3
Units
5.50%
Cap Rate
$32,616
NOI
5,402 sqft
Lot Size
1957
Year Built
Commercial property
Type

How this sale compares

11912 Rosecrans Avenue sold for $575,000 in May 2018, 3.0% under its $593,000 list price, after 9 days on the market.

9
Days on market
−3.0%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

About this commercial property

This storefront retail property consists of three tenants each with small units of approx 750 sq. ft. Two of the tenants (hair salon and party rental) have been at this location for approximately 10 years. The juice bar tenant has been at this location for 2 years. All tenants make rent payments in a timely manner and the property is extremely easy to manage. All leases are NNN. All 3 units are separately metered for electricity. There are 6 parking stalls in the rear (5 standard + 1 handicap). Although there has been very low historical vacancy here, the units are very easily rented due to the small unit size. Rents are low at $1.20 NNN per sq. ft. average. All units are 750 sf. Juice Bar Base Rent $890 + 190 NNN expires 3/31/2019; Party Supply Base Rent $885 + $190 NNN expires 6/30/20; Beauty Salon Base Rent $943 + $190 NNN expires 6/31/19.

Listing description from the May 2018 sale, as reported to CRMLS.

Sale history

$575,000
Sold May 2018 · listed $593,000, on market March 2018, 9 days on market · MLS #DW18069430 · Source: CRMLS
Listing Agent: Chris Comfort · Listing Office: Apex Properties · Contact: 818-917-6558 · Bought with: General NONMEMBER · NONMEMBER MRML

Questions about 11912 Rosecrans Avenue

When did 11912 Rosecrans Avenue last sell?

11912 Rosecrans Avenue last sold in May 2018 for $575,000, according to CRMLS-reported closed sales.

What did 11912 Rosecrans Avenue sell for?

$575,000, 3.0% below the $593,000 list price, after 9 days on the market.

Is 11912 Rosecrans Avenue for sale now?

Yes — 11912 Rosecrans Avenue is currently on the market at $788,000. Open the current listing on Nalren for photos, details and the listing agent.

See homes for sale in Norwalk Open the Nalren App

Explore Norwalk