NOT LISTED FOR SALE

11227 Barnwall St Norwalk, CA 90650

Estimated Value: $1,150,000 - $1,622,000

9 Beds
4 Baths
3,408 Sq Ft
$430/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $975,000 $286 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $9,053/month

5 Days on Market

Highlights

  • No HOA
  • Cooling System Powered By Gas
  • 8 Car Garage
  • Neighborhood Views
  • Laundry Room
  • Wood Fence

About This Home

As of August 2017

ReMax CP Commercial is pleased to present 11227-11231-1/2 Barnwall St. Norwalk, CA 90650 (4 Separate Units) Quadraplex property with Tremendous Upside, Currently below Market Rents! Located in "No Rent Control" City of Norwalk, CA. With Excellent Upside, this Excellent and Rare property is a great investment opportunity. Built in 1956, One unit has obtained recent upgrades such as new flooring, carpet, paint. The asset features One and 3 bedroom/2 bath, Three - 2 Bedroom/1 Bath units with four (4) Two- car garages.

Centrally located off Excelsior and Studebaker just a block north of Cerritos College, Lampton/Glazier Elementary Schools and Gerdes Park.

Last Agent to Sell the Property

Gay-Lynn Barnes

eXp Realty of California Inc. License #01433767 Listed on: 07/05/2017

eXp Realty of California Inc.

Last Buyer's Agent

Gay-Lynn Barnes

eXp Realty of California Inc. License #01433767 Listed on: 07/05/2017

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 14,856 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 8 Car Garage
  • Parking Available
  • Driveway
  • Unassigned Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,408 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Neighborhood Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Powered By Gas
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 8078026059

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $80
  • Insurance Expense $1,900
  • New Taxes Expense $6,077
  • Operating Expense $8,937
  • Gross Income $65,480
  • Net Operating Income $59,703

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0.34 Acres

Parking

8

Listing Details

  • CapRate: 5.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • View: Yes
  • Zoning: NOR1(R3)*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 80.00
  • Parcel Number: 8078026059
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 286.09
  • Room Type: All Bedrooms Down, Main Floor Bedroom

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Unassigned, Asphalt, Garage
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 14856.00

Multi Family

  • Gross Income: 65480.00
  • Gross Scheduled Income: 49800.00
  • Insurance Expense: 1900.00
  • Net Operating Income: 59703.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 2620.00
  • Rent Control: No
  • Total Expenses: 8937.00

Tax Info

  • New Taxes Expense: 6077.00
  • Tax Census Tract: 5529.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2017
Closed on
Jul 11, 2017
Sold by
Orlando Victoria Marie and The Raymond John & Victoria Ma
Bought by
Amouna Piam
Seller's Agent
Gay-Lynn Barnes
eXp Realty of California Inc.
Buyer's Agent
Gay-Lynn Barnes
eXp Realty of California Inc.
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$1,465,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,925
Avg. Annual Appreciation
4.84%
Original Mortgage
$700,000
Outstanding Balance
$581,422
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$884,503

Purchase Details

Closed on
Jan 26, 2017
Sold by
Orlando Orlando Victoria Marie Victoria Marie and Orlando Raymond John
Bought by
Orlando Victoria M and Orlando Family Trust

Purchase Details

Closed on
Mar 18, 2008
Sold by
Orlando Raymond John and Orlando Victoria Marie
Bought by
Orlando Raymond John and Orlando Victoria Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2003
Sold by
Orlando Raymond John and Orlando Victoria Marie
Bought by
Orlando Raymond John and Orlando Victoria Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.84%

Purchase Details

Closed on
Dec 2, 2002
Sold by
Orlando Raymond John and Orlando Victoria Marie
Bought by
Orlando Raymond John and Orlando Victoria Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
6.06%

Purchase Details

Closed on
Nov 22, 2002
Sold by
Orlando Raymond John and Orlando Victoria Marie
Bought by
Orlando Raymond John and Orlando Victoria Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
6.06%

Purchase Details

Closed on
Sep 1, 1995
Sold by
Orlando Raymond John and Orlando Victoria Marie
Bought by
Orlando Raymond John and Orlando Victoria Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Amouna Piam $975,000 Chicago Title Company
Orlando Victoria M -- None Available
Orlando Raymond John -- Accommodation
Orlando Raymond John -- Ticor Title Co Brea Branch
Orlando Raymond John -- --
Orlando Raymond John -- --
Orlando Raymond John -- American
Orlando Raymond John -- American
Orlando Raymond John -- --
Orlando Raymond John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amouna Piam $700,000
Previous Owner Orlando Raymond John $520,000
Previous Owner Orlando Raymond John $220,000
Previous Owner Orlando Raymond John $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2017 08/15/17 Sold $975,000 0.0% $286 / Sq Ft
07/05/2017 07/05/17 For Sale $975,000 -- $286 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,635 $1,109,379 $568,913 $540,466
2024 $14,635 $1,087,627 $557,758 $529,869
2023 $14,143 $1,066,302 $546,822 $519,480
2022 $13,906 $1,045,395 $536,100 $509,295
2021 $13,712 $1,024,898 $525,589 $499,309
2020 $13,384 $1,014,790 $520,200 $494,590
2019 $13,329 $994,900 $510,000 $484,900
2018 $12,699 $975,400 $500,000 $475,400
2016 $6,077 $421,649 $190,216 $231,433
2015 $6,157 $415,316 $187,359 $227,957
2014 $5,568 $407,181 $183,689 $223,492
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Gay-Lynn Barnes

    eXp Realty of California Inc.

    (888) 832-7179

    48 Total Sales

    Gay-Lynn Barnes
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17154158

California Regional Multiple Listing Service (CRMLS)

APN: 8078-026-059

California Los Angeles County Norwalk 90650

11227 Barnwall St, Norwalk, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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