12801 Norwalk Blvd | Norwalk, CA 90650
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- LoopNet Team
12801 Norwalk Blvd
Norwalk, CA 90650
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Excellent Central Norwalk Location!
- Development Opportunity with Large Parcel Totaling over 27,000 sq ft
- Located on Major Thoroughfare Norwalk Boulevard
- Close Proximity to Norwalk City Hall, Norwalk Civic Center, Norwalk Court House, and the I-5 Freeway
- Zoned Commercial with Some Residential Units (can be rezoned Residential)
- Current Cap Rate 5.1%
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | $950.00 | 300 - 400 |
| 2+1 | 2 | $1,750 | 528 |
| 1+1 | 1 | $3,500 | 560 |
PROPERTY TAXES
| Parcel Number | 8047-005-004 | Improvements Assessment | $780,300 |
| Land Assessment | $1,560,600 | Total Assessment | $2,340,900 |
PROPERTY TAXES
Parcel Number
8047-005-004
Land Assessment
$1,560,600
Improvements Assessment
$780,300
Total Assessment
$2,340,900
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