Norwalk (M1) Homes with Apartment Subtype

Welcome to Norwalk, California – a vibrant city nestled in the heart of Los Angeles County, offering the perfect blend of suburban charm and urban convenience. Known for its rich history and diverse community, Norwalk is an ideal place for families, young professionals, and anyone looking to enjoy the best of Southern California living.

Norwalk boasts a variety of housing options, including homes with apartment subtypes, making it an attractive choice for those seeking flexible living arrangements. These unique properties often feature multi-family layouts, providing opportunities for rental income or accommodating extended family members. The homes in this region are designed with modern amenities and thoughtful layouts, ensuring comfort and functionality for every resident.

The city is well-connected, with easy access to major freeways and public transportation, making commuting a breeze. Residents enjoy a plethora of recreational activities, with numerous parks, shopping centers, and dining options just a stone’s throw away. The Norwalk Arts and Sports Complex is a local gem, offering a range of programs and events for all ages.

Norwalk’s community spirit is palpable, with regular events and festivals that bring neighbors together. Whether you’re strolling through the local farmer's market or enjoying a weekend at the Norwalk Town Square, you’ll find a welcoming atmosphere that makes you feel right at home.

With its affordable housing options, excellent schools, and a strong sense of community, Norwalk is not just a place to live; it’s a place to thrive. Discover the charm of Norwalk and explore the possibilities of calling this wonderful city your home!

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.