Norwalk Homes with Apartment Subtype

Norwalk Homes with Apartment Subtype

Welcome to Norwalk, California – a vibrant city nestled in the heart of Los Angeles County, where suburban charm meets urban convenience. Known for its rich history and diverse community, Norwalk boasts a variety of amenities that cater to residents of all ages. With easy access to major freeways, public transportation, and the bustling energy of nearby Los Angeles, Norwalk offers the perfect blend of tranquility and excitement.

The city is home to a variety of parks, shopping centers, and recreational facilities, making it an ideal place for families and individuals alike. Whether you’re exploring the lush greenery of Norwalk Park or enjoying a day of shopping at the Norwalk Town Square, there’s always something to do in this welcoming community.

For those considering a home in Norwalk, the market offers a fantastic selection of properties, particularly homes with apartment subtypes. These unique residences provide the perfect solution for multi-generational living or additional rental income. Imagine having the flexibility of a spacious main residence, while also enjoying the benefits of an attached apartment that can serve as a guest suite or a private space for older children or relatives.

With a variety of styles, sizes, and price points, homes with apartment subtypes in Norwalk are ideal for those looking to maximize their living space while enjoying the perks of this thriving city. Experience the warmth and community spirit of Norwalk, where your dream home awaits!

Newest Norwalk Homes with Apartment Subtype

$1,325,000
CV26150056 MLS ⋅ Active Status
Just Listed! Outstanding opportunity to acquire a 6-Unit multi-family investment in a prime Norwalk location, offered at $1,325,000...only $220,000 per unit, and $291 per square foot. This attractive price point, combined with a 5.62% CAP Rate and 11.89 GRM, provides investors with strong day-one income and exceptional long-term value. The property features a desirable unit mix consisting of three 2-Bedroom/1-Bath units and three 1-Bedroom/1-Bath units, supporting consistent occupancy. With 30+% upside in rental income, investors have a clear opportunity to significantly increase cash-flow through strategic rental adjustments. Residents enjoy gated entryways, abundant onsite parking with four carport spaces and four open parking spaces, and a coin-operated laundry facility, amenities that enhance tenant convenience and retention. Separate electric and gas meters simplify property management while reducing owner-paid utility exposure. Conveniently located near highly rated schools, shopping, public transportation, and major commuter routes, this well-positioned asset is situated in one of Norwalk's strongest rental corridors. Offering excellent in-place cash flow, significant rental upside, and an attractive price per unit, this is a compelling opportunity for investors seeking both immediate returns and long-term growth.

12155 Pine Street, Norwalk
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.