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12048 Foster RD Norwalk, CA 90650
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Key Details
Sold Price $1,870,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,530 sqft
Price per Sqft $338
MLS Listing ID AR22239737
Sold Date 08/25/23
HOA Y/N No
Year Built 1979
Lot Size 10,497 Sqft
Acres 0.241
Property Sub-Type Apartment
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.
Location
State CA
County Los Angeles
Area M1 - Norwalk
Zoning NOR3*
Interior
Laundry Community
Exterior
Garage Spaces 6.0
Pool None
Community Features Curbs
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.0
TERMS Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Other
SHOW INSTRUCTIONS Please drive by. Cap rate is calculate from monthly market rent $147,000. Please call Alan Tran 626-255-7833 for any questions. One of the seller is CA real estate licensee.
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Bought with Pak Home Realty