12128 Imperial Hwy Norwalk, CA 90650
2
Beds
1
Bath
11,340
Sq Ft
0.45
Acres
Highlights
- 0.45 Acre Lot
- Lawn
- Laundry Room
- Property is near public transit
- No HOA
- Landscaped
About This Home
As of May 2022Don’t miss this rare investment opportunity. 14-unit apartment complex on an approximate 1/2-acre lot. Located in the heart of Norwalk near the intersection of Imperial Hwy and Norwalk Blvd. Close access to shopping, dining and near the 5 Fwy with easy access to Los Angeles and Orange County. Property consists of 14, 2 bed, 1 bath units in good condition. All units fully occupied with semi-open floor plans and spacious bedrooms. Additional parking spaces generate income. This property offers limitless potential due to its desirable location. Don’t miss out on this great investment value.
Last Agent to Sell the Property
Golden Eagle Properties License #01875271 Listed on: 03/11/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,296
Year Built
- Built in 1963
Lot Details
- 0.45 Acre Lot
- Two or More Common Walls
- Block Wall Fence
- Landscaped
- Lawn
- Density is 11-15 Units/Acre
Home Design
- Apartment
- Shingle Roof
- Wood Siding
- Stucco
Interior Spaces
- 11,340 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- 19 Open Parking Spaces
- 19 Parking Spaces
Location
- Property is near public transit
- Urban Location
Utilities
- Heating System Uses Natural Gas
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 3,4
- Tax Tract Number 10842
- Assessor Parcel Number 8047004007
- $3,881 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 14 Units
Building Details
- 14 Leased Units
- 14 Separate Electric Meters
- 14 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $723
- Insurance Expense $5,275
- Maintenance Expense $430
- Professional Management Expense $10,558
- Trash Expense $6,005
- Water Sewer Expense $8,100
- Operating Expense $51,083
- Gross Income $263,968
- Net Operating Income $212,885
Similar Home in Norwalk, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Price Changed | $4,525,000 | -4.2% | $399 / Sq Ft |
| 06/16/2025 06/16/25 | Price Changed | $4,725,000 | -3.1% | $417 / Sq Ft |
| 04/18/2025 04/18/25 | For Sale | $4,875,000 | +15.8% | $430 / Sq Ft |
| 05/19/2022 05/19/22 | Sold | $4,210,000 | +0.2% | $371 / Sq Ft |
| 05/09/2022 05/09/22 | Price Changed | $4,200,000 | 0.0% | $370 / Sq Ft |
| 03/14/2022 03/14/22 | Pending | -- | -- | -- |
| 03/11/2022 03/11/22 | For Sale | $4,200,000 | -- | $370 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2025
Daniel Blackwell
CB Richard Ellis, Inc.
(949) 423-6111
49 Total Sales
-
Seller Co-Listing Agent in 2025
George Felix
CB Richard Ellis, Inc.
(714) 926-2202
45 Total Sales
-
D
Seller's Agent in 2022
David Allis
Golden Eagle Properties
(800) 763-7154
1 in this area
20 Total Sales
-
Buyer's Agent in 2022
David Oronoz
Skyline Commercial Real Estate
(949) 688-6530
1 in this area
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG22049364
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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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