12007 Walnut Street, Norwalk, CA 90650

$1,950,000
Sold Price
$1,950,000
List Price
$2,056,000
Closing Date
Mar 31, 2023
MLS#
RS22258537
Status
SOLD
Type
Multifamily

Property Description

Over $100,000 in price reduction. Motivated seller. Current Cap 4.95%. Upside potential brings market cap to 6%. Value added investment. We are proud to present recently upgraded all 6 units in prime Norwalk area with high rental demand. City of Norwalk is a home of County recorder's office & a Social Security office accounting for largest employment. Great unit mix. Property consists of 2 buildings, duplex in the front two 2br/1ba; & 4 units in the back building, three 2 br/1 ba & one 1br/1 ba. Upgrades include flooring, new kitchen quartz counter tops, built in appliances with microwave, smooth ceiling,, new windows, new shower., electrical outlets and switches. fan/light fixtures, interior & exterior painting. 7 parking aces, Plenty of street parking as well. Walking distance to school, shops. no vacancy. Tenant pays electric & gas, owner pays water & trash.

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of C-21 Astro, Bina Bengali. Selling Office: San Diego.