11645 Mapledale Street, Norwalk, CA 90650

$4,800,000

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Sold Price
$4,800,000
List Price
$5,280,000
Closing Date
Oct 17, 2024
Status
CLOSED
MLS#
WS24124907
Year Built
1963
Lot Size
23,266
Acres
0.53
Lot Location
16-20 Units/Acre
Days on Market
117
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Excellent Investment with Great Income and Cash Flow!! Plumbing and Electrical systems upgraded in 2009. Roofing replaced in 2019. Concrete Driveway and Parking Area replaced in 2020. All Units underwent rehabilitation in 2009. Each unit comes with individual Water-Heater, Electric Meter, Gas Meter and Split AC Units. Units are condo style with Living room, kitchen, 1/2 Bath and A Den on 1st Floor, Bedrooms and Full bath is on the 2nd Floor. All units have all tiles on the 1st floor and Laminated flooring on the 2nd floor. The property also has a community laundry facility with coin operated machines that produce income (NOT include in the Gross Income). In addition, It is a permitted office room for the On-site Manager. Tenants pay their own gas and electric. Good location close to Town Square Center, transportation and school. In close Vicinity of 5, 605, 91 Freeways. 23 Parking and room for additional spaces.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
16
Gross Scheduled Income
$447,000
Operating Expense
66908

Listing courtesy of Listing Agent: CORA CHU (corayc30@gmail.com) from Listing Office: IRN REALTY.

Listing sold by Avinash Narang from BRC Advisors BH

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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.