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14501 Arlee Ave
Norwalk, CA 90650
5.05% CAP & 13.36 GRM | Upgraded Units · Multifamily Property For Sale
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6 Units
Investment Highlights
- Attractive Current 5.05% CAP and 13.36 GRM When Compared to Recent Similar Sales
- Extensive Exterior Renovations – New Roof, New Windows, New Ornate Stone Driveway, and New Garage Doors
- Private Parking Garage and Individual Water Heaters for Each Unit
- Nearly All Units Thoroughly Upgraded – New Kitchen Cabinets, New Wood-like Porcelain Flooring, New Decorative Tile Backsplashes, New Kitchen Appliance
- Higher Allowable Rent Increases
- Bungalow-Style Buildings Surrounded by Landscaped Greenspace
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
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,475 | 400 |
| 2+1 | 2 | $1,689 | 600 |
Property Taxes
| Parcel Number | 8073-010-015 | Improvements Assessment | $757,701 |
| Land Assessment | $920,066 | Total Assessment | $1,677,767 |
Property Taxes
Parcel Number
8073-010-015
Land Assessment
$920,066
Improvements Assessment
$757,701
Total Assessment
$1,677,767
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