Norwalk Homes with Apartment Subtype

Welcome to Norwalk, California, a vibrant city nestled in the heart of Los Angeles County. Known for its rich history, Norwalk boasts a unique blend of suburban charm and urban convenience, making it an ideal location for families, young professionals, and retirees alike. With a population of approximately 105,000 residents, this lively community offers a diverse array of cultural experiences, parks, and recreational activities.

Norwalk is well-connected, with easy access to major highways and public transportation, ensuring a seamless commute to downtown Los Angeles and beyond. The city is home to a variety of shopping centers, dining options, and entertainment venues, providing residents with everything they need right at their fingertips. The Norwalk Arts and Sports Complex and the nearby Cerritos Center for the Performing Arts offer a plethora of activities for art enthusiasts and sports fans alike.

When it comes to housing, Norwalk features a diverse array of homes, including those with apartment subtypes. These multifamily residences are perfect for those seeking a blend of comfort and convenience. Many apartments in Norwalk are designed with modern amenities, spacious layouts, and community features that enhance the living experience. Whether you're looking for a cozy studio or a larger unit with multiple bedrooms, you'll find a variety of options to suit your lifestyle.

In Norwalk, you can enjoy the best of both worlds: a welcoming community atmosphere combined with the excitement of city living. Explore the possibilities of making Norwalk your home, where every day feels like a new adventure!

Newest Norwalk 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.