Norwalk (M1) Homes with Apartment Subtype

Welcome to Norwalk, California—a vibrant city nestled in the heart of Los Angeles County, where urban convenience meets suburban charm. Known for its rich history and diverse community, Norwalk offers a unique blend of cultural experiences, recreational opportunities, and a strong sense of belonging. With its strategic location, residents enjoy easy access to major highways, making commutes to downtown Los Angeles and surrounding areas a breeze.

In Norwalk, the real estate market boasts a variety of homes, including those with an apartment subtype, perfect for multi-generational living or as a savvy investment opportunity. These homes typically feature spacious layouts that accommodate both private and shared living spaces, allowing for flexibility and comfort. Imagine enjoying the convenience of having family members close by while still maintaining your own personal space.

The neighborhoods in Norwalk are characterized by tree-lined streets, friendly neighbors, and a plethora of amenities. Residents can take advantage of local parks, shopping centers, and dining options that cater to every palate. Families will appreciate the quality schools and community programs that enrich the lives of children and adults alike.

Whether you’re searching for a cozy home to settle down in or an investment property that offers rental potential, Norwalk’s homes with an apartment subtype present an appealing option. Embrace the opportunity to become part of this thriving community, where your dream home awaits! Explore Norwalk today and discover the perfect blend of comfort, convenience, and community spirit.

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.