Norwalk (M1) Homes with Apartment Subtype

Norwalk (M1) Homes with Apartment Subtype

**Discover the Charm of Norwalk, CA: Your Gateway to Comfortable Living**

Nestled in the heart of Los Angeles County, Norwalk, California, is a vibrant city that perfectly blends suburban tranquility with urban convenience. With its rich history, diverse community, and an array of amenities, Norwalk has become a sought-after destination for families, young professionals, and retirees alike.

One of the most appealing aspects of Norwalk is its eclectic mix of housing options, particularly homes with an apartment subtype. These residences offer a unique opportunity for homeowners to enjoy the benefits of multi-generational living or to generate rental income. Imagine having a cozy apartment right in your backyard or within your home, providing privacy for guests or a space for your loved ones. This flexibility is perfect for those who value both community and independence.

Norwalk is also known for its excellent schools, beautiful parks, and a variety of shopping and dining experiences. The city is conveniently located near major freeways, making commuting to downtown Los Angeles and surrounding areas a breeze. With attractions like the Norwalk Arts & Sports Complex and the nearby Cerritos Mall, there’s always something to keep you entertained.

Whether you're looking to invest in a home with an apartment subtype or simply want to explore the charm of Norwalk, this city offers the perfect backdrop for a fulfilling lifestyle. With its welcoming atmosphere and community-focused spirit, Norwalk is more than just a place to live; it’s a place to call home. Come and discover all that this wonderful city has to offer!

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.