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10456 Downey Norwalk Rd - 3 units in Norwalk 3 Unit Apartment Building Offered at $1,235,000 Norwalk, CA 90650
Investment Highlights
- 3 homes on a large lot in a residential area.
- Room for redevelopment or expansion
- Strong rental location or great opportunity for owner occupied and Multigenerational living.
Executive Summary
3 Separate homes on a large lot with plenty of parking. All 3 homes are single story and have yards plus front home has a two car garage. Newer roofs.
Great rental location in a residential neighborhood with open space behind the parcel. This exceptional property provides multiple opportunities for an investor/developer as well as being ideal for an owner occupied and for Multigenerational families. Convenient access to the 605 Fwy and connecting freeways, as well as close to Costco and other shopping. The long term tenants are happy to stay or upgrade the units to achieve market rents.
Great rental location in a residential neighborhood with open space behind the parcel. This exceptional property provides multiple opportunities for an investor/developer as well as being ideal for an owner occupied and for Multigenerational families. Convenient access to the 605 Fwy and connecting freeways, as well as close to Costco and other shopping. The long term tenants are happy to stay or upgrade the units to achieve market rents.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$54,300
|
$20.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$1,629
|
$0.60
|
| Effective Gross Income |
$52,671
|
$19.47
|
| Taxes |
$14,079
|
$5.20
|
| Operating Expenses |
$12,000
|
$4.44
|
| Total Expenses |
$26,079
|
$9.64
|
| Net Operating Income |
$26,592
|
$9.83
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $54,300 |
| Annual Per SF | $20.07 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $1,629 |
| Annual Per SF | $0.60 |
| Effective Gross Income | |
|---|---|
| Annual | $52,671 |
| Annual Per SF | $19.47 |
| Taxes | |
|---|---|
| Annual | $14,079 |
| Annual Per SF | $5.20 |
| Operating Expenses | |
|---|---|
| Annual | $12,000 |
| Annual Per SF | $4.44 |
| Total Expenses | |
|---|---|
| Annual | $26,079 |
| Annual Per SF | $9.64 |
| Net Operating Income | |
|---|---|
| Annual | $26,592 |
| Annual Per SF | $9.83 |
Property Facts
Amenities
Unit Amenities
- Yard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $1,465 | 905 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Exceptionally bikeable
90/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
10456 Downey Norwalk Rd - 3 units in Norwalk