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12128 Imperial Hwy
For Sale $5,175,000 ($456.35 per Sq Ft)
$5,175,000 ($456.35 per Sq Ft)
- 14 Units
- 11,340 Sq Ft
- 19,459 Sq Ft
- Unknown Cap Rate
Description
Boasting 14 townhouse units, this well-maintained low-rise/garden-style building offers a lucrative investment in a prime location. Built in 1963 and thoughtfully renovated in 2023, this property presents modern amenities and updated features to attract discerning tenants. The convenient location provides easy access to nearby conveniences, encouraging strong tenant demand. With its solid construction, attractive unit mix, and recent renovations, this property stands as a compelling investment opportunity for savvy multifamily investors seeking a high performing asset in the thriving Norwalk area.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $5,175,000 |
| Property Type | Multi-Family |
| Usable Sqft | 11,340 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1963 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 8047004007 |
| MLS # | 25477225 |
| Property ID | 294286340 |
| Lot Sqft | 19,459 |
| Zoning | NOR3VV |
| Total Units | 14 |
| Days on Market | 4 |
| Original List Price | $5,175,000 |
| Date Updated | January 08, 2025 |
| Date Created | January 06, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 1.00 | $2,264 | $36,330 |
| Gross Income (Yr) | $ 381,264 |
| Operating Expenses | $ 109,337 |
| Net Income (Yr) | $ 260,489 |
| Cap Rate | 5.03% |
Listing Provided By
David Oronoz an agent of . Lic #01838862
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