NOT LISTED FOR SALE

10908 Leffingwell Rd Norwalk, CA 90650

14 Beds
13 Baths
7,071 Sq Ft
0.27 Acres

Last Sold September 27, 2024

Last sale price $2,000,000 $283 Per Sq Ft

31 Days on Market

About This Home

As of September 2024

**OFFER DEADLINE TUESDAY 07/23 AT 5PM** Introducing an outstanding investment opportunity in prime Norwalk! This multifamily property boasts 13 units: 5 studios, 7 one-bedrooms, and 1 two-bedroom unit. Strategically located near the 605, 5, and 105 freeways, it offers seamless access to Los Angeles and Orange County's major employment hubs. With over 30% upside in rents, this asset presents a lucrative opportunity for growth. There is significant ADU expansion potential, and Buyers should verify possibilities with the city. With long-term ownership spanning over three decades, this property has proven its value and stability in one of Southern California's hottest rental markets. Act now to elevate your investment portfolio today!

Last Agent to Sell the Property

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 06/25/2024

Remax Commercial and Investment Realty

Last Buyer's Agent

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 06/25/2024

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.27

Parking

  • 13 Car Attached Garage

Interior Spaces

  • 7,071 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 13 Bathrooms

Additional Features

  • 0.27 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 13 Units

Listing and Financial Details

  • Assessor Parcel Number 8052-003-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

13

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 7071
  • Lot Acreage: 0.2692
  • Stories: 2
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 13.00
  • Price Per S Q F T: 360.63

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 13
  • Parking Garage: Garage - 1 Car, Garage - 2 Car, Garage Is Attached
  • Total Parking: 13

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 76.28
  • Assessed Improvement Value: 653186
  • Assessed Land Percent: 23.72
  • Assessed Land Value: 203107
  • Total Assessed Value: 856293
  • Assessor Parcel Number: 8052-003-021
  • Lot Size Area: 11728

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.06
  • Number Of Units: 13
  • Type Of Units: Multifamily

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $2,000,000 -21.6% $283 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $2,550,000 -- $361 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-408087

The MLS