Norwalk (M1) Homes with Apartment Subtype

Welcome to Norwalk, California—a vibrant city nestled in the heart of Los Angeles County, where suburban charm meets urban convenience. Known for its friendly neighborhoods and rich cultural diversity, Norwalk offers an inviting atmosphere that attracts families, young professionals, and retirees alike. With its strategic location, residents enjoy easy access to major highways, making commutes to downtown Los Angeles and surrounding areas a breeze.

One of the standout features of Norwalk is its diverse housing options, particularly homes with apartment subtypes. These unique properties often cater to multi-generational families or those seeking additional rental income. Imagine owning a charming single-family home with a cozy apartment suite—perfect for guests, extended family, or as a lucrative rental opportunity. This flexibility not only enhances your living experience but also provides financial benefits in this thriving real estate market.

Norwalk boasts a range of amenities, including parks, shopping centers, and schools, ensuring that all your needs are met within a short distance. The city is home to several well-maintained parks, offering recreational spaces for outdoor activities, picnics, and community events. With a commitment to growth and development, Norwalk continues to evolve, making it an exciting place to call home.

Whether you’re looking to invest in a property with an apartment suite or simply want to explore the charm of Norwalk, this city is a hidden gem waiting to be discovered. Experience the best of Southern California living in Norwalk, where community spirit and modern conveniences come together seamlessly.

Newest Norwalk (M1) Homes with Apartment Subtype

$1,325,000

CV26150056 MLS ⋅ Active Status

Just Listed! Outstanding opportunity to acquire a 6-Unit multi-family investment in a prime Norwalk location, offered at $1,325,000...only $220,000 per unit, and $291 per square foot. This attractive price point, combined with a 5.62% CAP Rate and 11.89 GRM, provides investors with strong day-one income and exceptional long-term value. The property features a desirable unit mix consisting of three 2-Bedroom/1-Bath units and three 1-Bedroom/1-Bath units, supporting consistent occupancy. With 30+% upside in rental income, investors have a clear opportunity to significantly increase cash-flow through strategic rental adjustments. Residents enjoy gated entryways, abundant onsite parking with four carport spaces and four open parking spaces, and a coin-operated laundry facility, amenities that enhance tenant convenience and retention. Separate electric and gas meters simplify property management while reducing owner-paid utility exposure. Conveniently located near highly rated schools, shopping, public transportation, and major commuter routes, this well-positioned asset is situated in one of Norwalk's strongest rental corridors. Offering excellent in-place cash flow, significant rental upside, and an attractive price per unit, this is a compelling opportunity for investors seeking both immediate returns and long-term growth.

12155 Pine Street, Norwalk

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.