The Condo has a private restroom, 2 offices, 3 workstations, reception space with storage, 24-hour access, fenced lot, security system, signage, and wheelchair accessible.
The Front house consists of a one bedroom and two-bedroom unit. The other two 1-bedroom units are in the back with access through the alley. This corner lot property has a great layout. Plenty of room to add additional units or use the land to build 6 townhomes. Property has many possibilities for expansion. Great Location in a desirable part of Norwalk.
Now offered at a 6.25% cap rate and 9.96 GRM on actual income. 8-unit apartment investment located in a strong Norwalk rental market. The property features an all 2-bedroom/1-bathroom unit mix with separate gas and electric meters. Recent improvements include a new roof, new fascia, and new exterior paint. Excellent unit mix and long-term investment fundamentals in a high-demand rental location.
A WELL-MAINTAINED DUPLEX INCOME PROPERTY LOCATED IN NORWALK, BUILT IN 1989. SITUATED ON A CORNER LOT, IT OFFERS ABUNDANT NATURAL LIGHT AND A COMFORTABLE, SINGLE-FAMILY-HOME-LIKE FEEL.
Norwalk is located in California. Norwalk, California has a population of 103,330. Norwalk is more family-centric than the surrounding county with 37.35% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Norwalk, California is $83,217. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Norwalk is 35.5 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 46 degrees. The average rainfall is approximately 13.5 inches per year, with 0 inches of snow per year.
