$2,000,000
$2,550,000
21.6%For more information regarding the value of a property, please contact us for a free consultation.
10908 Leffingwell Rd Norwalk, CA 90650
14 Beds
13 Baths
7,071 SqFt
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,071 sqft
Price per Sqft $282
MLS Listing ID 24-408087
Sold Date 09/27/24
Bedrooms 14
Year Built 1958
Lot Size 0.269 Acres
Acres 0.2692
Property Description
**OFFER DEADLINE TUESDAY 07/23 AT 5PM** Introducing an outstanding investment opportunity in prime Norwalk! This multifamily property boasts 13 units: 5 studios, 7 one-bedrooms, and 1 two-bedroom unit. Strategically located near the 605, 5, and 105 freeways, it offers seamless access to Los Angeles and Orange County's major employment hubs. With over 30% upside in rents, this asset presents a lucrative opportunity for growth. There is significant ADU expansion potential, and Buyers should verify possibilities with the city. With long-term ownership spanning over three decades, this property has proven its value and stability in one of Southern California's hottest rental markets. Act now to elevate your investment portfolio today!
Location
State CA
County Los Angeles
Area Norwalk
Zoning NOR3*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment None
Exterior
Garage Garage - 1 Car, Garage - 2 Car, Garage Is Attached
Garage Spaces 13.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Remax Commercial and Investment Realty
GUIDE SoCal
Broker | License ID: DRE#01976964