Norwalk (M1) Homes with Apartment Subtype

Welcome to Norwalk, California—a vibrant city nestled in the heart of Los Angeles County that offers a unique blend of suburban charm and urban convenience. Known for its rich history and diverse community, Norwalk is an ideal place for families, professionals, and anyone seeking a welcoming environment with easy access to the bustling city life of Los Angeles.

One of the standout features of Norwalk is its variety of housing options, particularly homes with apartment subtypes. These residences provide a perfect solution for those looking to balance personal space with the benefits of rental income. Whether you’re a savvy investor or a homeowner seeking additional living space for family or guests, these homes offer flexibility without sacrificing comfort.

Norwalk boasts a wealth of amenities, including beautiful parks, shopping centers, and a thriving dining scene. The city is also well-connected, with major freeways and public transportation options that make commuting a breeze. Residents enjoy a strong sense of community, with numerous events and activities throughout the year that foster connections among neighbors.

With its appealing real estate market, Norwalk is an excellent choice for those looking to invest in homes with apartment subtypes. Imagine living in a spacious property that not only meets your needs but also provides the potential for additional income. Embrace the opportunity to be part of this dynamic city where lifestyle and investment go hand in hand. Explore the possibilities in Norwalk, where your dream home awaits!

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.