Norwalk, CA 90650,12625 Domart AVE
Norwalk, CA 90650,12625 Domart AVE
Norwalk, CA 90650,12625 Domart AVE
5
$2,125,000
$2,250,000
5.6%
Est.Price: ?

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7,424 SqFt

12625 Domart AVE Norwalk, CA 90650

Est. payment /mo
SOLD DATE : 01/26/2024

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Key Details

Sold Price $2,125,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 7,424 sqft

Price per Sqft $286

MLS Listing ID OC23197604

Sold Date 01/26/24

HOA Y/N No

Year Built 1962

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Apartment

Property Description

12625 Domart Avenue is a 10-unit multifamily investment opportunity located in Norwalk, CA. The property offers an attractive mix of one and two-bedroom units with amenities including ample carport parking, security doors, and an on-site laundry facility. 12625 Domart Avenue benefits from its excellent Southeast Los Angeles location in close proximity to a plethora of desirable area amenities. Residents enjoy convenient access throughout Southern California via Interstates 105 and 605, as well as walkable access to the Norwalk Green Line Station. Residents benefit from the property's close proximity to major retailers including Costco, Stater Bros. Markets, and Target. Additionally, the property is located just under 1.5 miles from community hotspots including Downey Landing and the Promenade at Downey. Furthermore, the property is situated near Kaiser Permanente Downey Medical Center, the premier employer in the city of Downey with over 5,000 employees. In summary, 12625 Domart Avenue's fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool. This overall demand for a well-located and maintained apartment building will be a key driver in the continued growth and success at 12625 Domart Avenue.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning NOR3YY

Interior

Laundry Community

Exterior

Pool None

Community Features Curbs, Sidewalks

Private Pool No

Building

Lot Description Level with Street

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 1031 Exchange,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW INSTRUCTIONS *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent.*

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CRMLS Plus
Listed by Marcus & Millichap RE Invest
Bought with Marcus & Millichap RE Invest
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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