For more information regarding the value of a property, please contact us for a free consultation.
14339 Flallon AVE Norwalk, CA 90650
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $5,230,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 17,470 sqft
Price per Sqft $299
MLS Listing ID PW20206967
Sold Date 12/22/20
HOA Y/N No
Year Built 1963
Lot Size 0.671 Acres
Acres 0.671
Property Description
Pleased to present the opportunity to acquire The Flallon Apartments, a 19-unit apartment building centrally located in Norwalk, CA. Built in 1963/1964; the property consists of 5 buildings on 4 adjacent parcels with the following units on each parcel (4, 8, 4, 3) totaling 19 units. The property offers a great mix of large 1, 2 and 3-bedroom units. The 3-unit building is made up of 2- and 3-bedroom townhome style units. The property is well maintained with two recently replaced 100-gallon water heaters, newer asphalt, paint, copper plumbing (select buildings) covered parking, and an onsite laundry. The Flallon Apartments offers the opportunity to purchase an income producing asset with over 20% upside in rents and over a 5% cap rate on market rents.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning NOR3PY
Interior
Laundry Community
Exterior
Pool None
Community Features Suburban
Private Pool No
Building
Lot Description Landscaped
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 1.5
TERMS 1031 Exchange,Cash,Cash To Existing Loan,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Please contact listing agent for showing instructions: David Oronoz (949) 756 - 3232
Read Less

Bought with NONMEMBER MRML