Norwalk (M1) Homes with Apartment Subtype

Norwalk (M1) Homes with Apartment Subtype

Welcome to Norwalk, located in Los Angeles County, California. This vibrant city offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place to call home.

Norwalk is known for its diverse community, excellent schools, and numerous parks and recreational facilities, making it a great choice for families and individuals alike. With easy access to major freeways and public transportation, residents can easily commute to neighboring cities like Los Angeles and Long Beach.

If you are looking for a home with an apartment subtype in Norwalk, you are in luck. The city offers a variety of housing options, including single-family homes with attached apartments or separate units. Whether you are looking for a property with rental income potential or a space for extended family members, Norwalk has something to offer.

Imagine coming home to a cozy apartment attached to your main residence, providing privacy and flexibility for your living arrangements. With the option to rent out the apartment for additional income or use it as a guest suite, homes with apartment subtypes in Norwalk are both practical and versatile.

Don't miss the opportunity to explore the real estate market in Norwalk and discover the perfect home with an apartment subtype that suits your lifestyle. Experience the best of both worlds in this charming city where community spirit and modern amenities come together seamlessly.

Newest Norwalk (M1) Homes with Apartment Subtype

$1,325,000
CV26150056 MLS ⋅ Active Status
Just Listed! Outstanding opportunity to acquire a 6-Unit multi-family investment in a prime Norwalk location, offered at $1,325,000...only $220,000 per unit, and $291 per square foot. This attractive price point, combined with a 5.62% CAP Rate and 11.89 GRM, provides investors with strong day-one income and exceptional long-term value. The property features a desirable unit mix consisting of three 2-Bedroom/1-Bath units and three 1-Bedroom/1-Bath units, supporting consistent occupancy. With 30+% upside in rental income, investors have a clear opportunity to significantly increase cash-flow through strategic rental adjustments. Residents enjoy gated entryways, abundant onsite parking with four carport spaces and four open parking spaces, and a coin-operated laundry facility, amenities that enhance tenant convenience and retention. Separate electric and gas meters simplify property management while reducing owner-paid utility exposure. Conveniently located near highly rated schools, shopping, public transportation, and major commuter routes, this well-positioned asset is situated in one of Norwalk's strongest rental corridors. Offering excellent in-place cash flow, significant rental upside, and an attractive price per unit, this is a compelling opportunity for investors seeking both immediate returns and long-term growth.

12155 Pine Street, Norwalk
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.