$1,180,000
$1,249,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
8,431 Sqft Lot
SOLD DATE : 10/25/2024
Key Details
Sold Price $1,180,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PV24004455
Sold Date 10/25/24
Bedrooms 3
HOA Y/N No
Lot Size 8,431 Sqft
Property Description
This is a very nice property for many reasons. There is a 2 bedroom 1 bath house with a great back yard and a 2 car detached garage. The yard has a large Orange Tree, Mandarin tree and looks like tomato plants. There is a building with three 1 bedroom 1 bath units with 3 car detached garage. Unit 1 is downstairs and units 2 and 3 are uppers. The property is on a one block long very quiet cul de sac not to be confused with other parts of Norwalk Blvd which are very busy. The house appears to be in well maintained condition with washer and dryer in the kitchen. Moving those to the garage would add space to the house interior. The 3 apartments are in fixer upper condition and need full updating. The house has a caretaker until close of escrow to make sure someone looks after the property. Each unit has it's own water heater and washer and dryer hookups. This is truly a good opportunity to own a 4 plex at good rents in a neighorhood with high rental demands, close to the 5 and 91 freeways. Seller states some drains and water lines were replumbed in July 2023 by Classic Plumbing. The water lines were done in copper. Agent has not verified these items. Buyer to make their own investigations. 2 water heaters were replaced in 2020, one in April 2023 for apartment 1, and 1 (30-gallon one) was replaced on 6/2/23, apartment 3.
This is a very nice property for many reasons. There is a 2 bedroom 1 bath house with a great back yard and a 2 car detached garage. The yard has a large Orange Tree, Mandarin tree and looks like tomato plants. There is a building with three 1 bedroom 1 bath units with 3 car detached garage. Unit 1 is downstairs and units 2 and 3 are uppers. The property is on a one block long very quiet cul de sac not to be confused with other parts of Norwalk Blvd which are very busy. The house appears to be in well maintained condition with washer and dryer in the kitchen. Moving those to the garage would add space to the house interior. The 3 apartments are in fixer upper condition and need full updating. The house has a caretaker until close of escrow to make sure someone looks after the property. Each unit has it's own water heater and washer and dryer hookups. This is truly a good opportunity to own a 4 plex at good rents in a neighorhood with high rental demands, close to the 5 and 91 freeways. Seller states some drains and water lines were replumbed in July 2023 by Classic Plumbing. The water lines were done in copper. Agent has not verified these items. Buyer to make their own investigations. 2 water heaters were replaced in 2020, one in April 2023 for apartment 1, and 1 (30-gallon one) was replaced on 6/2/23, apartment 3.
Location
State CA
County Los Angeles
Area Norwalk (90650)
Zoning Assessor
Exterior
Exterior Feature Stucco
Building
Lot Description Cul-De-Sac, Curbs, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
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