11536 Imperial Highway, Norwalk, CA 90650

$5,900,000

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Sold Price
$5,900,000
List Price
$6,400,000
Closing Date
Jan 27, 2025
Status
CLOSED
MLS#
PW24212735
Year Built
1960
Lot Size
31,896
Acres
0.73
Lot Location
36-40 Units/Acre
Days on Market
31
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

-First Time on the Market in 45 Years -Substantial Rental Upside -70% of Units Have Been Renovated with Paint, Flooring and New Appliances -Potential to Add ADU Units -Directly Across Street from New Tesla Dealership -Nearby Retail Amenities Include Target, Starbucks & Costco *Additional Property Addresses: 11540 & 11544 Imperial Highway

Additional Information

Taxes
$75,353
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
28
Gross Scheduled Income
$629,580
Operating Expense
221374

Listing courtesy of Listing Agent: Peter Gillin (pdg@morganskenderian.com) from Listing Office: Morgan Skenderian.

Listing sold by Kenneth Morgan from Morgan Skenderian

Mortgage Calculator

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Calculator source: Real Geeks

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.