$2,137,270*
●
Multifamily -
Off Market
14501 ARLEE Avenue
Norwalk, CA 90650
8 Beds
6 Baths
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/02/2021
|
|
Studio
|
-
|
-
|
$1,550,000
Studio
-
|
-
-
|
-
|
-
|
08/26/2019
|
|
8 Bed
|
6 Bath
|
2816 ft²
|
$1,695,000
8 Bed
6 Bath
2816 ft²
|
-
-
|
-
|
-
|