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Sold for $2,125,000
  • Listed by: Marcus & Millichap RE Invest • Tyler Leeson • Contact: 949-419-3326
    Bought with: Marcus & Millichap RE Invest
    $2,125,000

    12625 Domart Ave, Norwalk, CA 90650

    14beds
    10baths
    7,424sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $1,751,800 Zestimate®
    $286/sqft
    $2,475 Estimated rent

    Home value

    $1,751,800

    $1.42M - $2.22M

    $2,475/mo

    Zestimate® history
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    What's special

    12625 Domart Avenue is a 10-unit multifamily investment opportunity located in Norwalk, CA. The property offers an attractive mix of one and two-bedroom units with amenities including ample carport parking, security doors, and an on-site laundry facility. 12625 Domart Avenue benefits from its excellent Southeast Los Angeles location in close proximity to a plethora of desirable area amenities. Residents enjoy convenient access throughout Southern California via Interstates 105 and 605, as well as walkable access to the Norwalk Green Line Station. Residents benefit from the property’s close proximity to major retailers including Costco, Stater Bros. Markets, and Target. Additionally, the property is located just under 1.5 miles from community hotspots including Downey Landing and the Promenade at Downey. Furthermore, the property is situated near Kaiser Permanente Downey Medical Center, the premier employer in the city of Downey with over 5,000 employees. In summary, 12625 Domart Avenue’s fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool. This overall demand for a well-located and maintained apartment building will be a key driver in the continued growth and success at 12625 Domart Avenue.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Leeson DRE #01451551 714-713-9086,

    Marcus & Millichap RE Invest

    Bought with:

    Tyler Leeson, DRE #01451551

    Marcus & Millichap RE Invest

    Source: CRMLS,MLS#: OC23197604MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 10
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 7,424
    • Total interior livable area: 7,424 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Carport
    • Carport spaces: 12
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: First Floor
    • Pool features: None
    Lot
    • Size: 10,018 Square Feet
    • Features: Street Level
    Details
    • Parcel number: 8051012026
    • Zoning: NOR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    Location
    • Region: Norwalk

    Financial & listing details

    • Price per square foot: $286/sqft
    • Date on market: 10/23/2023
    • Cumulative days on market: 53 days
    • Listing terms: Cash to New Loan,1031 Exchange
    • Total actual rent: 12775

    Price history

    DateEventPrice
    8/7/2024Listing removed$1,800
    Source: CRMLS #PW24152826 Report a problem
    7/30/2024Price change$1,800-7.7%
    Source: CRMLS #PW24152826 Report a problem
    7/25/2024Listed for rent$1,950
    Source: CRMLS #PW24152826 Report a problem
    1/26/2024Sold$2,125,000-5.6%$286/sqft
    Source: CRMLS #OC23197604 Report a problem
    12/16/2023Pending sale$2,250,000$303/sqft
    Source: CRMLS #OC23197604 Report a problem
    11/29/2023Price change$2,250,000-4.3%$303/sqft
    Source: CRMLS #OC23197604 Report a problem
    11/27/2023Listed for sale$2,350,000$317/sqft
    Source: CRMLS #OC23197604 Report a problem
    11/7/2023Contingent$2,350,000$317/sqft
    Source: CRMLS #OC23197604 Report a problem
    10/23/2023Listed for sale$2,350,000$317/sqft
    Source: CRMLS #OC23197604 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 90650

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,751,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,751,800