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12122 Imperial Hwy
Norwalk, CA 90650
Built 2019 - No Rent Control for 14 Years! · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 7,341 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2019 |
| Building Class | B | Parking Ratio | 2.04/1,000 SF |
| Lot Size | 0.34 AC | ||
| Zoning | NOR3YY | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 7,341 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2019 |
| Parking Ratio | 2.04/1,000 SF |
| Zoning | NOR3YY |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Patio
SITE AMENITIES
- Playground
ABOUT 12122 IMPERIAL HWY , NORWALK, CA 90650
JUST REDUCED! NO RENT CONTROL! 6 Units Built 2019! Why buy 1960's OLD construction when you can buy NEW construction at the same CAP Rate? The subject property is comprised of 6 Individual Structures built to "Condo" Quality Construction Being sold for a 4.28% CAP Rate and a 16.58 GRM! Unit Mix: Three - 3 Bedroom/2.5 Bathroom Townhouse Style Structures & Three - 2 Bedroom/2.5 Bathroom (With Bonus Room) Townhouse Style Structures. Property offers 7,341 Rentable SqFt on a 14,665 Square Foot Lot. Unit Amenities include: Central A/C & Heat, Tankless Water Heaters, HUGE Private Balconies (Multiple Balconies Per Unit), Private Two-Car Garages With Direct Access to Units & Private Landscaped Breezeways. Unit Interiors Include: Modern Dark Wood Cabinetry, Quartz Counter Tops, Wood Laminate Flooring & Private Laundry Hookups. Tenants Enjoy: Garage & Open Space Parking, Play Area for Children at Rear of Property, Multiple Balconies For Each Unit, Central Location to Freeway Access, Shopping, & Transportation,1/2 Mile to Metrolink Station, Minutes to La Mirada Golf Course, Norwalk City Hall/Courthouse & Paddison Square Retail Center. Tenants Pay ALL utilities including water. Next Rental Increase Scheduled for April 2020.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 3 | $2,400 | - |
| 2+2 | 3 | $2,240 | - |
PROPERTY TAXES
| Parcel Number | 8047-004-006 | Improvements Assessment | $1,533,837 |
| Land Assessment | $478,082 | Total Assessment | $2,011,919 |
PROPERTY TAXES
