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14501 Arlee Ave
Norwalk, CA 90650
6 Single Story Units in Norwalk-4.28%Cap Rate · Multifamily Property For Sale
·
6 Units

PROPERTY FACTS
| No. Units | 6 | Building Size | 4,202 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1922 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 0.26 AC | ||
| Zoning | R1 - Single Family | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 4,202 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1922 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | R1 - Single Family |
AMENITIES
UNIT AMENITIES
- Washer/Dryer Hookup
- Granite Countertops
- Dining Room
ABOUT 14501 ARLEE AVE , NORWALK, CA 90650
We are pleased to present this Beautiful Income-Producing Turn-Key Investment Opportunity Surrounded by Single Family Homes. With an Excellent Unit Mix of 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 Owner with Minimal Landlord Maintenance. Located near the 5, 91, 605 & 105 Freeways. Convenient Access to Schools, Shopping, Parks, Dining and Entertainment Nearby. All showings are subject to accepted offer. Please do not walk on property, do not disturb tenants, they are not aware of sale. For more information and to obtain a full marketing package, please call/email the office. California recently passed state-wide rent control in Assembly Bill 1482. Please be sure to review these new laws to ensure that you are compliant with their restrictions.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,275 | - |
| 2+1 | 2 | $1,654 | - |
PROPERTY TAXES
| Parcel Number | 8073-010-015 | Improvements Assessment | $757,701 |
| Land Assessment | $920,066 | Total Assessment | $1,677,767 |
PROPERTY TAXES
Listing ID: 17034751
Date on Market: 8/26/2019
Last Updated:
Address: 14501 Arlee Ave, Norwalk, CA 90650
The Multifamily Property at 14501 Arlee Ave, Norwalk, CA 90650 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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