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Norwalk 90650 Norwalk
14501 ARLEE Avenue
$2,137,270*
Multifamily - Off Market

14501 ARLEE Avenue

Norwalk, CA 90650
bedrooms
8 Beds
bathrooms
6 Baths
square feet
2816 Sqft
$1,350,000 - $1,650,000
Reference Base Price*
42.48%
Since Apr 1, 2020
CA-Los Angeles
Primary Model

About This Property

We are pleased to present this 6 Single-Story Unit Investment Opportunity, Generating a 5.29% Cap Rate and 13.46 GRM. A Great Income-Producing Asset in Turn-Key Condition. The building is Surrounded by Single Family Homes in the Heart of Norwalk. With an Excellent Unit Mix of Easy-To-Rent 1 and 2 Bedroom Units, this property Sits on a Large 11,472 Square Foot Lot with On-Site Garage Parking. A Pride of Ownership Property with Many Recent (Interior & Exterior) Capital Improvements. Separately Metered for Gas & Electricity with Separate Water Heaters for Each Unit, providing New Owner with Minimal Landlord Maintenance. The Property's Location provides tenants with easy access to the 5, 91, 605 & 105 Freeways as well as Convenient Distances to Schools, Shopping, Parks, Dining and Entertainment Nearby. Short walk to the Norwalk Town Square.

The manager has listed the unit size as 2816 square feet.
Unit Size
2,816Ft²
Days on Market
-
Land Size
11,472.00 acres
Price per sqft
$533
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1922

Price History

Date / Event Date Event Price
Mar 8, 2020 No longer available -
No longer available
Nov 17, 2019 Relisted $1,500,000
Relisted
Nov 10, 2019 No longer available -
No longer available
Oct 24, 2019 Listed $1,500,000
Listed

Property Highlights

Garage


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210202
02/02/2021
Studio
-
-
$1,550,000
bedrooms
Studio
bathrooms
-
-
-
-
-
20190826
08/26/2019
8 Bed
6 Bath
2816 ft²
$1,695,000
bedrooms
8 Bed
bathrooms
6 Bath
square feet
2816 ft²
-
-
-
-

Building Info

14501 Arlee Avenue 14501 Arlee Avenue, Norwalk, CA 90650
More about this Building
14501 Arlee Avenue
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About Norwalk


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