• 11972 Walnut Street Norwalk, CA 90650

  • $1,350,000
  • 8
    Bed(s)
  • 6
    Baths
  • 3,840
    Sq Ft
  • 6951
    Sqft
  • Listed By: Joseph Lee, RE/MAX Diamond, DRE #01812590
  • Source: CRMLS

Great INVESTMENT Opportunity! 4 UNIT Property in the High in Demand City of NORWALK! Nestled in a PRIME location this property is ONE of a KIND! Great CURB APPEAL w/attached 3 CAR GARAGE & GATED 5 additional CARPORTS! Each unit is two stories & offers 2Beds & 1.5Baths, each with own PRIAVTE PATIO! Step into the main level w/an OPEN FLOOR PLAN. Spacious living room w/access to your PRIVATE PATIO, Nicely sized breakfast nook & Kitchen, half bath & PRIVATE INDOOR LAUNDRY! Make your way upstairs an find 2 generously sized bedrooms each with a WALK-IN CLOSET and convenient hallway FULL BATH! Towards the rear of the property you have 5 CARPORT SPACES securely GATED, plus private community trash bin for residents. THIS IS A TRUE GEM & AMAZING INVESTMENT OPPORTUNITY. LIVE IN ONE AND RENT OUT THE REST & MORE! Current Rent is below market value - Upside Rental Potential $$$$ BONUS FEATURES: Two of the units have been RENOVATED - New Counter tops, New Refinished cabinets, Repainted interior throughout, New Vinyl flooring & New window shades. NEW Wrought Iron Gate in the rear of the property! Tons of extra parking available outside. Centrally located near shopping: Costco, Target, Walmart, parks, grocery stores, dining, entertainment, schools & easy 5/105/605 freeway commute! Don't miss this once in a lifetime opportunity! THIS ONE WILL NOT LAST!

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1073330274 2 2 1 1
2 1073330274 2 2 1 1
3 1073330274 2 2 1 1
4 1073330274 2 2 1 1

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Shingle

Interior Features: Open Floorplan,All Bedrooms Up,Walk-In Closet(s)

Fireplace: None

Cooling Features

Wall/Window Unit(s)

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1977

Building Area Total: 3,840

Roof: Shingle

Pool Features

None

Laundry Features

Inside,Stacked

Fencing

Wrought Iron

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1596

Lot Size Source: Assessor

Lot Size Square Feet: 6951

Listing Price Information

Original List Price: 1,350,000

Listing Contract Date: 2024-05-04

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 8056022029

Garage and Parking

Garage Description: Attached Carport,Garage

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active Under Contract

Source Neighborhood: M1 - Norwalk

Postal Code Plus 4: 4149

Directions: San Antonio Dr. / Rosecrans Ave.

Zoning: NOR3*

Source Property Type: Residential Income

Area: M1 - Norwalk

Property SubType: Quadruplex

Building and Construction

Property Age: 47

Common Walls: 1 Common Wall

Structure Type: Quadruplex

Year Built Source: Assessor

Entry Level: 1

Entry Location: 1

Property Attached: Yes

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11907 Allard Street, Norwalk, CA,90650 $699,900 3 1 936 5201 Sqft
13508 Corby Avenue, Norwalk, CA,90650 $739,999 3 2 1,527 4780 Sqft
14411 Corby Avenue, Norwalk, CA,90650 $671,000 2 1 974 5060 Sqft
13917 San Antonio Drive, Norwalk, CA,90650 $1,375,000 -- -- 3,199 7026 Sqft
11564 Belcher Street, Norwalk, CA,90650 $649,000 3 1 852 2372 Sqft
13939 Lefloss Avenue, Norwalk, CA,90650 $779,000 3 1 1,077 4911 Sqft
15107 Jersey Avenue, Norwalk, CA,90650 $719,900 2 2 1,269 4933 Sqft
12737 Rosecrans Ave #89, Norwalk, CA,90650 $141,500 2 2 -- --
14802 Dalwood Avenue, Norwalk, CA,90650 $650,000 2 1 1,107 6000 Sqft
11437 Belcher Street, Norwalk, CA,90650 $800,000 4 2 1,513 3760 Sqft

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ByOwner last updated this listing 05/28/2024 @ 09:27

MLS: PW24089944
LISTED BY: Joseph Lee, RE/MAX Diamond
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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