**OFFER DEADLINE TUESDAY 07/23 AT 5PM** Introducing an outstanding investment opportunity in prime Norwalk! This multifamily property boasts 13 units: 5 studios, 7 one-bedrooms, and 1 two-bedroom unit. Strategically located near the 605, 5, and 105 freeways, it offers seamless access to Los Angeles and Orange County's major employment hubs. With over 30% upside in rents, this asset presents a lucrative opportunity for growth. There is significant ADU expansion potential, and Buyers should verify possibilities with the city. With long-term ownership spanning over three decades, this property has proven its value and stability in one of Southern California's hottest rental markets. Act now to elevate your investment portfolio today!
Sold for $2,000,000
Zillow last checked:
Listing updated:
Bought with:
Nicholas Petrosian, DRE # 01462598
Remax Commercial and Investment Realty
Source: CLAW,MLS#: 24-408087
Price history
| Date | Event | Price |
|---|---|---|
| 9/27/2024 | Sold | $2,000,000-21.6%$283/sqft |
Source:  CLAW #24-408087 Report a problem | ||
| 7/27/2024 | Pending sale | $2,550,000$361/sqft |
Source: CLAW #24-408087 Report a problem | ||
| 6/25/2024 | Listed for sale | $2,550,000$361/sqft |
Source: CLAW #24-408087 Report a problem | ||
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Estimated market value
$2,066,700
