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$2,250,000
Est. payment /mo
6,775 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 6,775 sqft
Price per Sqft $332
MLS Listing ID CL26833773
HOA Y/N No
Year Built 1969
Lot Size 0.349 Acres
Acres 0.3487
Property Sub-Type Other
Property Description
PRICE IMPROVEMENT! Now priced at $281K/unit with a current 6.69% CAP & 9.4 GRM, this 8-unit delivers immediate cash flow. The subject property is located in a strong Norwalk rental market. The property features an all 2-bedroom/1-bathroom unit mix with separate gas and electric meters. Recent improvements include a new roof, new fascia, and new exterior paint. Excellent unit mix and long-term investment fundamentals in a high-demand rental location.
Location
State CA
County Los Angeles
Zoning NOR317U*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 8078023015
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Listed by Nicholas Petrosian • Remax Commercial and Investment Realty