12122 Imperial

    Norwalk, CA 90650
    • $2,895,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: CV20027345
    UPDATED: 36 min ago
    $2,895,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,341
      SQFT
    • $394
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2019
    County:
    Area:

    School Ratings & Info

    Description

    NO RENT CONTROL! 6 Units Built 2019! The subject property is comprised of 6 Individual Structures built to "Condo" Quality Construction Unit Mix: Three - 3 Bedroom/2.5 Bathroom Townhouse Style Structures & Three - 2 Bedroom/2.5 Bathroom (With Bonus Room) Townhouse Style Structures. Property offers 7,341 Rentable SqFt on a 14,665 Square Foot Lot. Unit Amenities include: Central A/C & Heat, Tankless Water Heaters, HUGE Private Balconies (Multiple Balconies Per Unit), Private Two-Car Garages With Direct Access to Units & Private Landscaped Breezeways.Unit Interiors Include: Modern Dark Wood Cabinetry, Quartz Counter Tops, Wood Laminate Flooring & Private Laundry Hookups.Tenants Enjoy: Garage & Open Space Parking, Play Area for Children at Rear of Property, Multiple Balconies For Each Unit, Central Location to Freeway Access, Shopping, & Transportation,1/2 Mile to Metrolink Station, Minutes to La Mirada Golf Course, Norwalk City Hall/Courthouse & Paddison Square Retail Center.The property is 100% Occupied and offered for sale at a 4% CAP Rate on actual current rents! Tenants Pay ALL utilities including water. Next Rental Increase Scheduled for April 2020.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T20:31:17.817. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/103000162

    12122 Imperial Norwalk, CA 90650

    • Price: $2,895,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: CV20027345
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    7,341
    SQFT
    $394
    $/SQFT
    2019
    Built
    Neighborhood:
    M1 - Norwalk
    County:
    Los Angeles
    Area:
    M1 - Norwalk
    Property Description
    NO RENT CONTROL! 6 Units Built 2019! The subject property is comprised of 6 Individual Structures built to "Condo" Quality Construction Unit Mix: Three - 3 Bedroom/2.5 Bathroom Townhouse Style Structures & Three - 2 Bedroom/2.5 Bathroom (With Bonus Room) Townhouse Style Structures. Property offers 7,341 Rentable SqFt on a 14,665 Square Foot Lot. Unit Amenities include: Central A/C & Heat, Tankless Water Heaters, HUGE Private Balconies (Multiple Balconies Per Unit), Private Two-Car Garages With Direct Access to Units & Private Landscaped Breezeways.Unit Interiors Include: Modern Dark Wood Cabinetry, Quartz Counter Tops, Wood Laminate Flooring & Private Laundry Hookups.Tenants Enjoy: Garage & Open Space Parking, Play Area for Children at Rear of Property, Multiple Balconies For Each Unit, Central Location to Freeway Access, Shopping, & Transportation,1/2 Mile to Metrolink Station, Minutes to La Mirada Golf Course, Norwalk City Hall/Courthouse & Paddison Square Retail Center.The property is 100% Occupied and offered for sale at a 4% CAP Rate on actual current rents! Tenants Pay ALL utilities including water. Next Rental Increase Scheduled for April 2020.
    Exterior Features

    Garage Spaces 12.00 Lot Features 6-10 Units/AcreLandscapedLot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Features Direct Garage Access Parking Total 15.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Laundry Features Gas Dryer HookupWasher Hookup

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsGuttersSidewalks Country Us Electric Expense 600.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 165840.00 Gross Operating Income 160865.00 Gross Scheduled Income 165840.00 Insurance Expense 2280.00 Land Lease YN No Laundry YN Yes Maintenance Expense 3000.00 Net Operating Income 115995.00 New Construction YN No New Taxes Expense 34398.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 7 Number Of Units Leased 6 Operating Expense 44910.00 Other Expense 900.00 Other Expense Description Reserves Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasWater Total Actual Rent 14700.00 Total Expenses 44910.00 Trash Expense 2892.00 Vacancy Allowance 4975 Water Sewer Expense 840.00 Water Source Public Year Built Source Assessor Zoning Nor3yy

    Listing provided courtesy of Kristopher German of Re/Max 2000


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T20:31:17.817. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
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    Claremont CA, 91711