Exceptional 4-Unit Investment Opportunity in a highly desirable residential area known for its strong and consistent rental demand. Proudly owned and meticulously maintained by the same owner for many years, this turnkey corner-lot fourplex offers the ideal combination of strong cash flow, low maintenance, and future upside potential. Extensively upgraded throughout, the property features a newer roof, updated plumbing, complete electrical rewiring with upgraded electrical panels and meters, dual-pane windows, remodeled kitchens, updated bathrooms, and newer flooring in all units. Pride of ownership is evident throughout this well-cared-for investment property. All four units are occupied and provide strong and stable income. Tenants pay their own electricity, gas, water, trash, and garage, significantly reducing operating expenses and resulting in an attractive net income compared to many similar multifamily properties. In addition, each unit includes its own one-car garage, providing additional rental value and tenant appeal. The property’s durable concrete and metal stairways further minimize maintenance concerns and contribute to long-term ownership efficiency. Situated on a desirable corner lot with convenient side-street access, the garage area offers excellent ADU conversion potential, creating an opportunity for additional rental income and future value enhancement. Ideally located near shopping centers, restaurants, schools, parks, public transportation, and major freeways, the property benefits from strong rental demand and excellent accessibility throughout Los Angeles and Orange County. The area’s continued demand for quality rental housing supports both long-term occupancy and future rental growth potential. Whether seeking immediate cash flow, low-maintenance ownership, or future income expansion opportunities, investors will appreciate that this rare four-unit Norwalk property qualifies for a wider range of residential financing options while delivering strong income potential on all fronts.
35 days
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368
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13
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Zillow last checked:
Listing updated:
Listed by:
RHEA BAIDRE #01360246626-589-7958,
RE/MAX PREMIER/ARCADIA
Source: CRMLS,MLS#: WS26131857Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Rooms
Room types: Kitchen, Living Room, Primary Bedroom
Primary bedroom
Features: Primary Suite
Cooling
Wall/Window Unit(s)
Appliances
Included: Dishwasher, Gas Range, Range Hood, Water Heater
Laundry: Outside
Features
Balcony, Open Floorplan, Quartz Counters, Primary Suite
Flooring: Laminate, Tile
Doors: Panel Doors
Windows: Double Pane Windows
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 1,920
Total interior livable area: 1,920 sqft
Property
Parking
Total spaces: 4
Parking features: Assigned, Concrete, Driveway Level, Door-Single, Driveway, Garage, On Site, Private, Garage Faces Side, Side By Side
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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