NOT LISTED FOR SALE

12236 Sproul St Norwalk, CA 90650

13 Beds
6 Baths
5,236 Sq Ft
8,791 Sq Ft Lot

Last Sold March 27, 2018

Last sale price $1,475,000 $282 Per Sq Ft

11 Days on Market

About This Home

As of March 2018

SELLER WILL CARRY - TERMS NEGOTIABLE. A 6-Unit apartment building for sale in the city of Norwalk! The subject property consists of (5) 2-bed / 1-bath and (1) 2-bed / 1-bath with a bonus room. The asset sits on a 8,790 square foot lot, and features 5,236 square feet of building space. With the current rents only being an average of $1,188 for 2-bedroom units, there is certainly substantial upside for a new owner. The seller is interested in carrying the financing for a buyer and the terms are negotiable. The subject property is directly across the street from the Norwalk Arts and Sports Complex, offering tenants an array of sporting activities to take advantage of. Furthermore, the subject property is located less than 15 miles from Downtown LA, the port of Long Beach and Orange County, providing easy access to all the major employment hubs. Contact listing agent for further details.

Last Agent to Sell the Property

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 02/03/2018

Remax Commercial and Investment Realty

Last Buyer's Agent

Juan Cardenas

Remax Commercial and Investment Realty License #01233927

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 8,791 Sq Ft Lot

Parking

  • 10 Parking Spaces

Interior Spaces

  • 5,236 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 6 Bathrooms

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 8056-008-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5236
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 310.35

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 10

Lot Info

  • Assessed Improvement Value: 541645
  • Assessed Land Value: 488658
  • Assessor Parcel Number: 8056-008-011
  • Geocode Override: No
  • Lot Size Area: 8791

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 18.90
  • Number Of Units: 6
  • Total Annual Expense: 36762
  • Type Of Units: Multi-Family
  • Vacancy Rate: 3%

Range of Values:

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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 Change Sq Ft Price
03/27/2018 03/27/18 Sold $1,475,000 -9.2% $282 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/03/2018 02/03/18 For Sale $1,625,000 -- $310 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nicholas Petrosian

    Seller's Agent in 2018

    Nicholas Petrosian

    RE/MAX

    (562) 991-3886

    2 in this area

    47 Total Sales

    Section Image
  • Juan Cardenas

    Buyer's Agent in 2018

    Juan Cardenas

    RE/MAX

    (562) 587-5494

    1 in this area

    26 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 18-309886

The MLS

California Los Angeles County Norwalk 90650

12236 Sproul St, Norwalk, CA

This home is located at 12236 Sproul St, Norwalk, CA 90650 since 03 February 2018. This property was built in 1962. 12236 Sproul St is a home located in Los Angeles County with nearby schools including Cesar Chavez Elementary School, Corvallis Middle School, and John H. Glenn High School.

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