12128 Imperial Hwy - Apartments FOR SALE


Norwalk, CA 90650
$4,875,000 USD
714-616-0689
12128 Imperial Hwy, Norwalk, CA for Sale
$4,875,000 USD
Apartments - FOR SALE
1/8
null | 5.82% Cap Rate

12128 Imperial Hwy
Norwalk, CA 90650


HIGHLIGHTS

  • All Two-Bedroom/One-Bathroom Townhome Floorplans
  • ADU Potential - Potential to Build Additional Dwelling Units to the Rear of the Property
  • Over $653,000 in Recent Capital Improvements Including 9 out of 14 Units Completely Renovated & Extensive Exterior Updates
  • Washer/Dryer Hookups in Each Unit & Well-Parked with (21) Open Spaces
  • Great Rental Market of Norwalk (Walk Score: 84)

OVERVIEW

Located on a quiet residential street, 12128 Imperial Hwy. is a 14-unit multifamily investment opportunity comprised of all two-bedroom townhome units. The property has undergone approx. $633,000 in capital improvements over the past few years including 9 out of 14 units completely renovated and extensive exterior updates.

FOR SALE DETAILS

PRICE

$4,875,000 USD

PRICE/SF

$430 USD /SF

# OF UNITS

14

PRICE/UNIT

$348,214

CAP RATE

5.82%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,454 SF

ZONING

NOR3VV

APN/PARCEL ID

8047-004-007

ASK ABOUT THIS PROPERTY

714-616-0689

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714-616-0689

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