Norwalk (M1) 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 its strategic location, residents enjoy easy access to major highways and public transportation, making commutes to downtown Los Angeles and surrounding areas a breeze.

Norwalk is home to a variety of recreational parks, shopping centers, and dining options, ensuring that there’s always something to do. The city boasts a strong sense of community, with numerous events and festivals throughout the year that bring neighbors together. Families will appreciate the top-rated schools and the numerous educational opportunities available, making it an ideal place to raise children.

For those looking to invest in real estate, Norwalk presents an exciting opportunity with its homes featuring apartment subtypes. These properties are perfect for multi-generational living or for those who wish to supplement their income through rental opportunities. Imagine having a charming home with a separate apartment space, providing the perfect balance of privacy and togetherness. Whether you’re a first-time homebuyer or an experienced investor, Norwalk’s diverse housing options cater to a variety of lifestyles and budgets.

Explore the possibilities that await you in Norwalk. With its welcoming atmosphere, convenient location, and diverse housing options, this city is not just a place to live; it’s a place to thrive. Discover your dream home in Norwalk today!

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.