11972 Walnut Street, Norwalk, CA 90650
- $1,300,000
- Sold Price
- $1,300,000
- List Price
- $1,350,000
- Closing Date
- Jun 06, 2024
- Status
- CLOSED
- MLS#
- PW24089944
- Year Built
- 1977
- Lot Size
- 6,951
- Acres
- 0.16
- Days on Market
- 12
- Property Type
- Multifamily
- Style
- Patio Home
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
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!
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Shingle
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Open Floorplan, All Bedrooms Up, Walk-In Closet(s)
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $78,540
- Operating Expense
- 13430
Listing courtesy of Listing Agent: Joseph Lee (Showing.josephleeteam@gmail.com) from Listing Office: RE/MAX Diamond.
Listing sold by Ralph Schiavone from HLS Group, Inc.
Mortgage Calculator
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.