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 and diverse community, Norwalk offers a unique blend of suburban charm and urban convenience. With a population of over 100,000 residents, this thriving city is a hub of cultural diversity, making it a wonderful place to call home.

Norwalk boasts an array of amenities that cater to all lifestyles. From beautiful parks and recreational facilities to shopping centers and dining options, residents enjoy an enviable quality of life. The city is conveniently located near major freeways, ensuring easy access to downtown Los Angeles, the beautiful beaches of Orange County, and the stunning San Gabriel Mountains.

For those seeking a home with an apartment subtype, Norwalk presents an excellent opportunity. The real estate market here features a variety of properties, including charming duplexes and multi-family homes, perfect for investors or families looking to maximize their living space. These homes often come with additional rental units, providing a fantastic opportunity for passive income while enjoying the benefits of homeownership.

Norwalk's homes with apartment subtypes are designed to accommodate various lifestyles, offering flexible living arrangements that can suit both large families and those looking for additional income potential. With modern amenities and a welcoming community atmosphere, Norwalk is an ideal place to settle down and thrive.

Explore the possibilities of owning a home in Norwalk, where comfort, community, and convenience come together to create a truly exceptional living experience. Whether you’re a first-time buyer or a seasoned investor, Norwalk’s real estate market is ready to welcome you home.

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.