$340,000
●
House -
Off Market
12028 162nd Street
Norwalk, CA 90650
2 Beds
1 Bath
984 Ft²
$626,446
RealtyHop Estimate
47.40%
Since Aug 1, 2019
CA-Los Angeles
Primary Model
About This Property
Investors this one may be for you. 2 bedroom 1 bath home in the
city of Norwalk. There is a third bedroom which is not permitted
and a second bathroom located outside by the garage also
unpermitted. The home has 984 square feet of living space. This
property is located by all local freeways, 91,605,105, and 5
freeways. Centrally located between downtown LA and Orange county
Trust sale.
Unit Size
984 Ft²
Days on Market
32 days
Land Size
0.13 acres
Price per sqft
$432
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1918
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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: 5 months ago (CRMLS #PW19124658)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 6, 2020 | Sold | ||
| Sold | |||
| Sep 25, 2019 | Listed by The Grupe Company | $479,000 | |
| Listed by The Grupe Company | |||
 | |||
|
BACK ON MARKET 1/3!! Buyer could not obtain financing. You'll fall in love with this charming home in Norwalk! This welcoming front porch greets you upon entry with a beautiful front door and entryway. The home features a captivating living room with beautiful original carpentry, a wonderful remodeled Kitchen with quartz counter tops, new appliances, and laminate wood floors throughout kitchen, living, dining areas. The detached 2 car garage big and leads out to a oversized driveway where you could potentially park an RV or boat! The home is across the street from beautiful Hermosillo Park and walking distance to Arturo Sanchez Elementary School!
| |||
| Jul 3, 2019 | Sold | ||
| Sold | |||
| Jun 1, 2019 | Listed by T.N.G. Real Estate Consultants | $425,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
Property Highlights
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Norwalk
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Listed by: Ernest Juarez, T.N.G. Real Estate Consultants
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19124658
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19124658
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