$725,000
●
House -
Off Market
12021 Arlee Avenue
Norwalk, CA 90650
3 Beds
1 Bath
1,052 Ft²
$3,437
Est. Monthly
About This Property
This charming 3-bedroom, 1-bathroom home offers a fantastic
opportunity for you to create your ideal living space. The interior
is inviting and has a well-designed floor plan, ready for your
personal touch. Each of the three bedrooms offers comfortable
living spaces, perfect for you to make them your own. This makes
for a perfect starter home that includes a detached garage with an
opportunity for an ADU.
The exterior includes a generous backyard, ideal for activities and entertaining, or even expanding the living space. Let's not forget the orange tree that awaits for you to enjoy. You'll love the tree in the front yard, providing a nice shade and enhancing the curb appeal. Located in the heart of Norwalk, this home is designated to Santa Fe Springs High School is close to schools, parks, shopping centers, and major highways, offering both convenience and a calm living environment. Don't miss out on this opportunity!
The exterior includes a generous backyard, ideal for activities and entertaining, or even expanding the living space. Let's not forget the orange tree that awaits for you to enjoy. You'll love the tree in the front yard, providing a nice shade and enhancing the curb appeal. Located in the heart of Norwalk, this home is designated to Santa Fe Springs High School is close to schools, parks, shopping centers, and major highways, offering both convenience and a calm living environment. Don't miss out on this opportunity!
Unit Size
1,052 Ft²
Days on Market
43 days
Land Size
0.12 acres
Price per sqft
$665
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #DW24140635)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jul 8, 2024 | Listed by Century 21 Realty Masters | $699,900 | |
| Listed by Century 21 Realty Masters | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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HOA + Taxes
About Norwalk
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Listed by: Edith Villa, Century 21 Realty Masters
Last Updated: 3 years ago
Data Source: CRMLS, MLS# DW24140635
Last Updated: 3 years ago
Data Source: CRMLS, MLS# DW24140635
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