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12048 Foster Road

Norwalk, CA 90650
  • $1,950,000
  • STATUS: ACTIVE
  • ON SITE: 140 Days
  • ID#: AR22239737
Price Reduced
UPDATED: 40 min ago
$1,950,000
  • 9
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Proudly present A six units apartment in the prime rental market in the city of Norwalk. The property is consisted a unit for 3 bedrooms 2 baths, and five unitswith 2 bedrooms 1 bath. There are 6 garages and 6 parking spaces. The three bedroom unit with fire place, laundry room inside and garage access is perfect for owner use. All units have laminated floor and granite counter top in the kitchen. Total living space is 5,050 Sqft with the lot size of 10,500 sqft. Community laundry room next to a big yard for family garthering. Close to 5 freeway, 105 freeways and Metro station to commute to LAX. There is a significant upside potential in rent for a high demand rental market. Proudly present A six units apartment in the prime rental market in the city of Norwalk. The property is consisted a unit for 3 bedrooms 2 baths, and five unitswith 2 bedrooms 1 bath. There are 6 garages and 6 parking spaces. The three bedroom unit with fire place, laundry room inside and garage access is perfect for owner use. All units have laminated floor and granite counter top in the kitchen. Total living space is 5,050 Sqft with the lot size of 10,500 sqft. Community laundry room next to a big yard for family garthering. Close to 5 freeway, 105 freeways and Metro station to commute to LAX. There is a significant upside potential in rent for a high demand rental market.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
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12048 Foster Road Norwalk, CA 90650

  • Price: $1,950,000
  • Status: ACTIVE
  • On Site: 140 Days
  • Updated: 40 min ago
  • ID#: AR22239737
9
Beds
0
Baths
0
½ Baths
0.24
Acres
Neighborhood:
Norwalk (90650)
County:
Los Angeles
Area:
Norwalk (90650)
Property Description
Proudly present A six units apartment in the prime rental market in the city of Norwalk. The property is consisted a unit for 3 bedrooms 2 baths, and five unitswith 2 bedrooms 1 bath. There are 6 garages and 6 parking spaces. The three bedroom unit with fire place, laundry room inside and garage access is perfect for owner use. All units have laminated floor and granite counter top in the kitchen. Total living space is 5,050 Sqft with the lot size of 10,500 sqft. Community laundry room next to a big yard for family garthering. Close to 5 freeway, 105 freeways and Metro station to commute to LAX. There is a significant upside potential in rent for a high demand rental market. Proudly present A six units apartment in the prime rental market in the city of Norwalk. The property is consisted a unit for 3 bedrooms 2 baths, and five unitswith 2 bedrooms 1 bath. There are 6 garages and 6 parking spaces. The three bedroom unit with fire place, laundry room inside and garage access is perfect for owner use. All units have laminated floor and granite counter top in the kitchen. Total living space is 5,050 Sqft with the lot size of 10,500 sqft. Community laundry room next to a big yard for family garthering. Close to 5 freeway, 105 freeways and Metro station to commute to LAX. There is a significant upside potential in rent for a high demand rental market.
Exterior Features

Pool N/K Site Curbs

Interior Features

Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 4.9 Annual Expense Actual 42858 Buildings 2 Cfd Mello Roos Fee 2346.99 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 13.95 Gross Scheduled Income Actual 147000 Monthly Total Fees 195 Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1910.0 Unit2 Rent Actual 1875.0 Unit3 Rent Actual 1675.0 Unit4 Rent Actual 1750.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Kw Executive: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128