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Key Details
Sold Price $1,180,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PV24004455
Sold Date 10/25/24
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1957
Lot Size 8,428 Sqft
Property Description
This is a very nice property for many reasons. There is a 2 bedroom 1 bath house with a great back yard and a 2 car detached garage. The yard has a large Orange Tree, Mandarin tree and looks like tomato plants. There is a building with three 1 bedroom 1 bath units with 3 car detached garage. Unit 1 is downstairs and units 2 and 3 are uppers. The property is on a one block long very quiet cul de sac not to be confused with other parts of Norwalk Blvd which are very busy. The house appears to be in well maintained condition with washer and dryer in the kitchen. Moving those to the garage would add space to the house interior. The 3 apartments are in fixer upper condition and need full updating. The house has a caretaker until close of escrow to make sure someone looks after the property. Each unit has it's own water heater and washer and dryer hookups. This is truly a good opportunity to own a 4 plex at good rents in a neighorhood with high rental demands, close to the 5 and 91 freeways. Seller states some drains and water lines were replumbed in July 2023 by Classic Plumbing. The water lines were done in copper. Agent has not verified these items. Buyer to make their own investigations.
2 water heaters were replaced in 2020, one in April 2023 for apartment 1, and 1 (30-gallon one) was replaced on 6/2/23, apartment 3.
Location
State CA
County Los Angeles
Area M1 - Norwalk
Zoning NOR3*
Rooms
Other Rooms Second Garage
Interior
Interior Features Ceiling Fan(s), Tile Counters
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Gas Range, Gas Water Heater, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, Inside, In Kitchen
Exterior
Exterior Feature Rain Gutters
Garage Driveway Level, Door-Single, Garage, Paved, Garage Faces Rear
Garage Spaces 5.0
Garage Description 5.0
Fence Block
Pool None
Community Features Curbs, Park, Street Lights, Suburban, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Accessibility Parking
Total Parking Spaces 5
Private Pool No
Building
Lot Description Back Yard, Cul-De-Sac, Sprinklers In Rear, Lawn, Landscaped, Level, Rectangular Lot, Sprinkler System, Street Level, Trees, Yard
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building Second Garage
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 8056009008
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Ron Murray • RE/MAX Estate Properties
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Terrance Scotton, Broker Associate
Broker Associate | License ID: 01707848 NMLS: 908256
Broker Associate License ID: 01707848 NMLS: 908256