12007 Walnut Street, Norwalk, CA 90650

About this property

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.

Listing description from the March 2023 sale, as reported to CRMLS.

Sale history

$1,950,000

Sold March 2023 · orig. $2,056,000, on market December 2022 · MLS #RS22258537 · Source: CRMLS

Listing Agent: Bina Bengali · Listing Office: C-21 Astro · Contact: 562-884-6852 · Bought with: Sebastian Martinez · CURB®

$1,260,000

Sold February 2019 · listed $1,309,888, on market July 2018 · MLS #CV18172075 · Source: CRMLS

Listing Agent: NIDA JOCSON · Listing Office: RE/MAX MASTERS REALTY · Contact: 626-967-1779 · Bought with: Bina Bengali · C-21 Astro

$1,260,000

Sold February 2019 · listed $1,309,888 · MLS #CV18156918 · Source: CRMLS

Listing Agent: NIDA JOCSON · Listing Office: RE/MAX MASTERS REALTY

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