Property Detail

Description

The subject is a beautiful turnkey building that was built in 1987 located in the excellent rental market of Norwalk, near freeways and other support facilities. There is no local rent control in Norwalk and the property is subject to AB-1482 only. The building is 6,933 square feet and sits on a 15,750 square foot rectangular lot. The unit mix is excellent and consists of 9 two-bedroom / 1-bath units, each with a 2-car garage. Each garage has a washer and dryer hookup. There are also 2 open guest parking spaces. The building was recently painted, the landscape redone, and exhibits excellent curbside appeal. The units are individually metered for gas and electricity, and access to the property is secured. There's substantial rent upside. Please do not contact the tenants. Contact listing agent for financials and additional information.