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6 houses on 30,000 sq ft Norwalk lot
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6 houses on a 30,000 sq. ft. lot near Norwalk Civic Center. Close to shopping and transportation. Current income is $102,600/yr with expenses of approximately $31,600/yr. Has (5) 2+1 and 3+2, (4) 1-car garages and a 2-car garage. Some upside on rents. Separately metered for utilities. Potential for 11 units.
Contact Information
Bill Bird
714-523-7151
FEATURES
No. Units: 6
Cap Rate: 4.53
Square Footage: 5450
Unit Mix Information: (1) 3 bd 2 ba (5) 2 bd 1 ba
Year Built: 1938
Metro Area: Los Angeles
PRICING
Asking Price: 1295000
Flexibility: Negotiable
Currency: USD
Net Operating Income: 71000
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