Introducing an outstanding investment opportunity in prime Norwalk! This multifamily property boasts 13 units: 5 studios, 7 one-bedrooms, and 1 two-bedroom unit. Strategically located near the 605, 5, and 105 freeways, it offers seamless access to Los Angeles and Orange County's major employment hubs. With over 30% upside in rents, this asset presents a lucrative opportunity for growth. There is significant ADU expansion potential, and Buyers should verify possibilities with the city. With long-term ownership spanning over three decades, this property has proven its value and stability in one of Southern California's hottest rental markets. Act now to elevate your investment portfolio today!
Excellent Investment with Great Income and Cash Flow!! Plumbing and Electrical systems upgraded in 2009. Roofing replaced in 2019. Concrete Driveway and Parking Area replaced in 2020. All Units underwent rehabilitation in 2009. Each unit comes with individual Water-Heater, Electric Meter, Gas Meter and Split AC Units. Units are condo style with Living room, kitchen, 1/2 Bath and A Den on 1st Floor, Bedrooms and Full bath is on the 2nd Floor. All units have all tiles on the 1st floor and Laminated flooring on the 2nd floor. The property also has a community laundry facility with coin operated machines that produce income (NOT include in the Gross Income). In addition, It is a permitted office room for the On-site Manager. Tenants pay their own gas and electric. Good location close to Town Square Center, transportation and school. In close Vicinity of 5, 605, 91 Freeways. 23 Parking and room for additional spaces.
Welcome to 15408 Pioneer Blvd in the city of Norwalk! Exceptional opportunity to acquire a rare NEW CONSTRUCTION 4-unit property, comprised of 3 units and an ADU, collectively offering a modern and well-designed living space. All units provide sleek and contemporary finishes including quartz countertops, vinyl plank flooring, recessed lighting with smart switch outlets in bathrooms, and energy-efficient double-pane windows. Each unit is equipped with stainless steel refrigerator and stove, tankless water heater, and in-unit washer/dryers. Solar panels installed on units A, B and C. Unit A and B are approximately 1,043 sq ft, 2 beds/2baths, central AC/heat, dedicated 2-car garage with EV charger outlets, patio off the primary bedroom and oversized bedrooms. Unit C offers the same features and is the largest unit with 1,527 sq ft and 3 beds/2baths with the patio deck off the main living room. Unit D is ADA friendly, approximately 603 sq ft, 2 beds/1bath, mini-split system and dedicated 1-car assigned parking. Complex features include tot-lot playground, BBQ grill, security gate, dusk to dawn motion sensor lights and photocell exterior lighting. Prime location near the 605, 105, 91, and 5 freeway corridors, with close proximity to shopping, schools, public transportation, entertainment, and restaurants. This property represents a rare investment opportunity for investors looking to add a high-demand asset to their portfolio. Alternatively, this is an ideal acquisition for a multi-generational family seeking to occupy a compound or for self-managing a multi-family dwelling. Do not miss this opportunity and call today to schedule a private showing.
11026 Imperial Highway is a 32-unit multifamily investment property located in Norwalk, California. Situated on a 0.73-acre lot, 11026 Imperial Highway offers 31, one-bedroom units and 1, two-bedroom unit, as well as amenities including gated pedestrian and parking access, surface parking, and two on-site laundry facilities. Residents at 11026 Imperial Highway benefit from the property’s optimal Norwalk Location, in close proximity to an abundance of retail, dining, and entertainment options at popular destinations including Stonewood Center, Downey Landing, and The Promenade at Downey. Additionally, the property is located within one mile of all three levels of schooling including Johnston Elementary School, Corvallis Middle School, and Norwalk High School as well as just over 2 miles from Cerritos College. 11026 Imperial Highway’s close proximity to Interstates 5, 105, and 605, as well as the Norwalk Light Rail Station, provides residents with convenient access to employment hubs throughout Los Angeles and Orange Counties. The area surrounding the property provide tenants convenient access to a wide variety of activities, employment, transportation and retail amenities. This overall demand for a well-located and maintained apartment building will be a key driver in the continued growth and success at 11026 Imperial Highway.
GREAT MULTI-FAMILY LAND DEVELOPMENT OPPORTUNITY!!!! Attention All Serious Developers & Investors! Investment Opportunity High-Income Potential, an Attractive Opportunity for Multifamily Investors only Duplex Property Located in a Highly Sought and Desired in Proximity to Shopping centers, Parks, Entertainment Venues, a Variety of restaurants, Freeways, Elementary schools and High Schools. Future Residents will enjoy convenient access to amenities in the Beautiful Growing City of Norwalk Per the City of Norwalk: Zoned for for up to 11 Residential Units, Zoned Multi Family R3 Zoned Significant Potential, All Buyers to verify all information, Property Centrally located Home Boasts of 21,993 sq.ft.lot! Excellent Freeway Accessibility Off 5/605/105 Freeways Home is in a Trust, No Court Confirmation Needed CONTACT Listing Agent for All Information! DO NOT use Showingtime DO NOT Disturb Occupants! Tax Assessor shows 11331 Pioneer Blvd Directions are 11723 Kenney St Norwalk Ca 90650 Information provided by Owner Occupant MLS is deemed reliable but may not always be accurate. Agents/brokers to verify all information and all complete buyer due diligence. Thank you for showing &???????????????????????????????????????? submitting!
Courtesy: All Merits Realty
Norwalk is located in California. Norwalk, California has a population of 106,404. Norwalk is more family-centric than the surrounding county with 37.51% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Norwalk, California is $63,669. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Norwalk is 34.9 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 44.6 degrees. The average rainfall is approximately 14.6 inches per year, with 0 inches of snow per year.
