Norwalk (M1) Homes with Apartment Subtype

Norwalk (M1) Homes with Apartment Subtype

Welcome to Norwalk, California – a vibrant city nestled in the heart of Los Angeles County, where urban convenience meets suburban charm. Known for its rich history and diverse community, Norwalk is a place where families thrive and opportunities abound. With its strategic location, residents enjoy easy access to major highways, making commuting to downtown Los Angeles and surrounding areas a breeze.

Norwalk boasts a variety of amenities, including beautiful parks, shopping centers, and a plethora of dining options that cater to every palate. The city’s commitment to community engagement is evident through its numerous events and festivals, fostering a strong sense of belonging among its residents.

One of the most appealing aspects of Norwalk is its housing market, particularly homes with apartment subtypes. These properties offer a unique blend of comfort and functionality, making them ideal for multi-generational living or investment opportunities. Imagine owning a charming single-family home with an attached apartment that can serve as a guest suite, a home office, or a rental unit to generate extra income. This versatility is perfect for families seeking space or investors looking to maximize their real estate portfolio.

With a range of architectural styles and price points, Norwalk’s homes with apartment subtypes cater to various lifestyles and budgets. Whether you’re a first-time homebuyer or a seasoned investor, you’ll find the perfect property that meets your needs.

Experience the warmth and community spirit of Norwalk, where your dream home awaits! Explore the possibilities today and discover why this charming city is the ideal place to call home.

Newest Norwalk (M1) 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.