Norwalk Homes with Apartment Subtype

Welcome to Norwalk, California—a vibrant city nestled in the heart of Los Angeles County that beautifully marries suburban charm with urban convenience. Known for its rich history and diverse community, Norwalk boasts a variety of parks, shopping centers, and local eateries that cater to a wide array of tastes and lifestyles. With a population that thrives on inclusivity, Norwalk is a place where neighbors become friends, and families flourish.

When it comes to housing, Norwalk offers an enticing selection of homes with apartment subtypes, making it an ideal choice for first-time buyers, investors, or anyone seeking a blend of space and opportunity. These properties often feature multiple units, providing the perfect opportunity for rental income or multi-generational living. Imagine owning a charming duplex or triplex, where you can enjoy the benefits of homeownership while also generating passive income from tenants.

The real estate market in Norwalk is robust, with homes showcasing modern amenities and thoughtful designs that cater to today’s lifestyle. From cozy one-bedroom apartments to spacious multi-family homes, there is something for everyone. The city's strategic location offers easy access to major freeways, making commutes to downtown Los Angeles and surrounding areas a breeze.

In Norwalk, you'll find not just a house, but a home that reflects your aspirations. Explore the possibilities today and discover why so many are choosing to call this delightful city their own. Whether you're looking to invest or settle down, Norwalk is ready to welcome you with open arms!

Newest Norwalk 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.