Bought with Sebastian Martinez • CURB®
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Key Details
Sold Price $1,950,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,153 sqft
Price per Sqft $618
MLS Listing ID CRRS22258537
Sold Date 03/31/23
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1957
Lot Size 6,745 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
Interior
Heating Wall Furnace
Flooring Vinyl
Fireplace No
Laundry Inside
Exterior
Handicap Access Other
Parking Type Other
Building
Lot Description Level, Other
Water Public
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