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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
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

PROPERTY TAXES

Parcel Number
8073-010-015
Land Assessment
$920,066
Improvements Assessment
$757,701
Total Assessment
$1,677,767
  • Listing ID: 17034751

  • Date on Market: 8/26/2019

  • Last Updated:

  • Address: 14501 Arlee Ave, Norwalk, CA 90650

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