11972 Walnut Street

Norwalk, CA 90650

$1,380,000
Price
8
Beds
8
Baths
3,840 Sq. Ft.
$359 / Sq. Ft.
3,840
Sq. Ft.
$359
per Sq. Ft.

Description

Excellent Investment opportunity in desirable Norwalk prime rental location. 4 Units of all 2 bedrooms and 2 baths. Current rent well below market rate. Enclosed 3 garage and 5 covered car ports. Plenty of Parking spaces nearby.Excellent Investment opportunity in desirable Norwalk prime rental location. 4 Units of all 2 bedrooms and 2 baths. Current rent well below market rate. Enclosed 3 garage and 5 covered car ports. Plenty of Parking spaces nearby.
  1. Listed by James Oh • DRE #01200824 • Brokerage DRE #01200824 • All Merits Realty • 714-342-6720

Property Details for 11972 Walnut Street

View
None
Parking Spaces Total
8
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3840

Location

Listing Courtesy of All Merits Realty, James Oh, DRE #01200824
Add your commute
LISTING UPDATED: 02/29/2024 07:05 AM

Property Details for 11972 Walnut Street

StatusActive
MLS #RS23168939
Days on Market235
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1977
Lot Size0.16 AC / 6,949 SF
CountyLos Angeles County

Location

Listing Courtesy of All Merits Realty, James Oh, DRE #01200824
Add your commute

Building Information for 11972 Walnut Street

Stories1Residences-Year Built1977Building Size-Lot Size0.16 AC / 6,949 SF

Payment Calculator

$8,104 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,531

Property Taxes

$573

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11972 Walnut Street

Rental Info
Rental Info
  • Tenant Pays: Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $73,740
  • Gross Scheduled Income: $73,740
  • Net Operating Income: $55,740
Expense Details
  • Operating Expense: $18,000
  • Insurance Expense: $1,000
  • Trash Expense: $4,175
  • Water Sewer Expense: $1,000
  • Total Expenses: $18,000
Tax / Assessment Info
  • Tax Block: 10
  • Tax Tract Number: 5521
  • Tax Census Tract: 5521.00
  • CFD/Mello-Roos Fee: $1,234
  • Tax Lot: 15
Community / Development
Community / Development
  • Community Features: Park, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Roof: Shingle
  • Entry Location: 1
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Connected, Water Connected
  • Electric: Electricity Available, Natural Gas Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Carport, Garage - 1 Car
  • Parking Garage Spaces: 3
  • Carport Spaces: 5
  • Parking Features: Carport, Garage - Single Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,435
  • Unit Type Total Rent: $1,435
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,760
  • Unit Type Total Rent: $1,760
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 11972 Walnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11972 Walnut Street

Taxable ValueLand$91,583Additions$386,322Total$477,905
Tax Record2023$6,881 ($573 / month)
Home Facts
Total Finished SqFt3,840 SqFtAbove Grade Finished SqFt3,840 SqFtStories1Lot Size6,999 SqFtStyleQuadraplexYear Built1977ZoningNOR3*CountyLOS ANGELESAPN8056-022-029

Schools near 11972 Walnut Street

This home is within Norwalk-La Mirada Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cesar Chavez Elementary School
PublicK to 5

Nettie L. Waite Middle School
Public6 to 8

Norwalk High School
Public9 to 12

El Camino High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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11972 Walnut Street is a multi-family home for sale in Norwalk, CA 90650. This property was listed for sale on September 8, 2023 by All Merits Realty, it's currently listed at $1,380,000. This listing's school district is Norwalk-La Mirada Unified School District. Nearby schools include Cesar Chavez Elementary School, Nettie L. Waite Middle School and Norwalk High School. 11972 Walnut Street is a 8-bed, 8-bath, 3,840 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of All Merits Realty, James Oh, DRE #01200824

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.