0.69 Acres Lot
0.69 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID MB26212043
HOA Y/N No
Year Built 1964
Annual Tax Amount $100,230
Tax Year 2026
Lot Size 0.692 Acres
Property Sub-Type Multi Family
Property Description
Exceptional opportunity to acquire a well-maintained 28-unit multifamily investment property in the heart of Norwalk. This attractive asset features updated flooring in most units, along with updated windows and roof completed within the past few years, helping minimize future capital expenditures.
The property offers desirable tenant amenities, including a community swimming pool, onsite laundry facilities, and an expansive 51 parking spaces, providing convenience for residents and guests alike.
Ideally situated near Norwalk City Hall, the Civic Center area, shopping centers, restaurants, and everyday services, the property benefits from strong neighborhood amenities and excellent accessibility. Residents enjoy convenient access to major freeways, making commuting throughout Los Angeles and Orange County effortless.
Located in a market with no municipal rent control, the property is subject only to California AB 1482, offering investors an attractive balance of operational flexibility and regulatory stability.
This is a rare opportunity to own a sizeable multifamily asset in a highly accessible and tenant-friendly location with strong long-term investment potential.
Location
State CA
County Los Angeles
Area M1 - Norwalk
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Front Yard
Story 2
Water Public
Others
Tax ID 8047003031
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Nearby Locations
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