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11821 ORANGE ST, Norwalk, California

$965,0005 Beds5 BathsContract Pending

11821 ORANGE ST, Norwalk, California 90650
- MLS® ID: 17281814

Property Details

11821 ORANGE ST, Norwalk, California 90650 - NON-RENT CONTROLLED property, located in the city of Norwalk. The subject property consists of five (5) 1-Bed / 1-Bath apartment units each separately metered for gas and electricity. In addition to having an on-site laundry facility, and one covered carport parking space; tenants are also within walking distance to nearby schools, and just two (2) blocks from the 5-freeway entrance. The current rents are over 30% below the market, and since the city of Norwalk has NO RENT CONTROL, a new owner can immediately take advantage of the favorable market conditions and substantially increase cash flow.

Amenities

  • Zip90650
  • CountyLos Angeles
  • SQFT2644
  • Bedrooms5
  • Full baths5.00
  • StatusActive
  • Purchase TypeContract Pending
  • Property typeMulti-Family
  • Zoning typeNOR3*
  • Year built1959
  • Lot size7166
  • HeatingNone
  • CoolingNone
  • Parking5
  • MLS® ID17281814

Listing Courtesy of RE/MAX Commercial and Investment Realty

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