Imperial Townhomes | 12128 Imperial Hwy
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Imperial Townhomes 12128 Imperial Hwy
14 Unit Apartment Building $5,175,000 ($369,643/Unit) 5.03% Cap Rate Norwalk, CA 90650
Investment Highlights
- All 2 Bed 1 Bath Townhouse Units w/ Modern Amenities and Updated Features
- Washer and Dryer Hookups and Private Patios in All Units
- Well Located on Major Thoroughfare, Offering Strong Tenant Demand
- Majority Upgraded Units w/ New Kitchens and Bathrooms
- 5% Going-In Cap Rate; Over a 6% Cap on Market Rents
- Proximity to Local Conveniences and Transportation Options
Executive Summary
Boasting 14 townhouse units, this well-maintained low-rise/garden-style building offers a lucrative investment in a prime location. Built in 1963 and thoughtfully renovated in 2023, this property presents modern amenities and updated features to attract discerning tenants. The convenient location provides easy access to nearby conveniences, encouraging strong tenant demand. With its solid construction, attractive unit mix, and recent renovations, this property stands as a compelling investment opportunity for savvy multifamily investors seeking a high performing asset in the thriving Norwalk area.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $5,175,000 | Apartment Style | Townhome |
Price Per Unit | $369,643 | Building Class | C |
Sale Type | Investment | Lot Size | 0.45 AC |
Cap Rate | 5.03% | Building Size | 11,340 SF |
Gross Rent Multiplier | 13.61 | No. Stories | 2 |
No. Units | 14 | Year Built/Renovated | 1963/2023 |
Property Type | Multifamily | Parking Ratio | 2.47/1,000 SF |
Property Subtype | Apartment |
Price | $5,175,000 |
Price Per Unit | $369,643 |
Sale Type | Investment |
Cap Rate | 5.03% |
Gross Rent Multiplier | 13.61 |
No. Units | 14 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Townhome |
Building Class | C |
Lot Size | 0.45 AC |
Building Size | 11,340 SF |
No. Stories | 2 |
Year Built/Renovated | 1963/2023 |
Parking Ratio | 2.47/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Dining Room
- Family Room
- Linen Closet
- Patio
- Quartz Countertops
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 14 | - | 810 |
1 of 1
Walk Score ®
Very Walkable (84)
PROPERTY TAXES
Parcel Number | 8047-004-007 | Total Assessment | $4,380,084 |
Land Assessment | $2,601,000 | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $1,779,084 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
8047-004-007
Land Assessment
$2,601,000
Improvements Assessment
$1,779,084
Total Assessment
$4,380,084
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
Zoning Code | NOR3VV |
NOR3VV |
1 of 16
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Imperial Townhomes | 12128 Imperial Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.