$1,810,000
UNDER CONTRACT

15510 Pioneer Blvd Norwalk, CA 90650

Estimated payment $9,885/month

Total Views 45,129
5 Beds
5 Baths
4,500 Sq Ft
$402 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • 1-Story Property

About This Home

Great investment opportunity! Located near the 605, 105, 91, and 5 freeways. Fast access to Los Angeles and Orange County's work hubs. Total of 9 units all 1bed/1bath, 9 single garages, and parking lot for 9 vehicles. Four APNs sold together 8080-015-004 (lot), 8080-015-003 (lot), 8080-015-002 (3 units), and 8080-015-001 (six units). Total combined lots size 13,104 sqft. Each unit have separate electric and gas meters. Tenants pay their own gas and electric. New roofs 2022-2023YR. Minutes from school, restaurants, Sprouts Farmers Market, and gas station. Great addition to your investment portfolio.

Listing Agent

JIMMY WONG

GREATLAND REALTY & MORTGAGE Brokerage Phone: 951-703-7779 License #01722160 Listed on: 11/08/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1953

Lot Details

  • 6,552 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre
  • 8080015001, 808015003, 808015004

Parking

  • 9 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,500 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling Available
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 4 / D
  • Tax Tract Number 552
  • Assessor Parcel Number 8080015002
  • $805 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 9 Units

Building Details

  • 9 Leased Units
  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 9 Separate Water Meters
  • Gardener Expense $1,260
  • Insurance Expense $7,265
  • Trash Expense $5,498
  • Water Sewer Expense $22,406
  • Operating Expense $56,763
  • Gross Income $140,220
  • Net Operating Income $83,457

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,896

Year Built

Built in 1953

Lot Details

0

Parking

9

Listing Details

  • Price Per Unit: 201111
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 22406.00
  • Zoning: NOR3*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1260.00
  • Parcel Number: 8080015002
  • Year Built: 1953
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Street side
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 402.22

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 9.00
  • Parking: No
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Electricity Connected
  • Laundry: No
  • Sewer: None
  • Trash Expense: 5497.50
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 8080015001, 808015003, 808015004
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6552.00
  • Lot Size Acres: 0.1504

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Average2 Bed Area: 500 Square Feet
  • Average3 Bed Area: 500 Square Feet
  • Gross Income: 140220.00
  • Gross Operating Income: 140220.00
  • Gross Scheduled Income: 140220.00
  • Insurance Expense: 7265.00
  • Lot Size Area: 6552.0000 Square Feet
  • Net Operating Income: 83457.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 9
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 56763.00
  • Rent Control: Yes
  • Total Actual Rent: 140220.00
  • Total Expenses: 56763.00

Tax Info

  • Tax Block: D
  • Tax Census Tract: 5526.01
  • Tax Lot: 4
  • Tax Tract Number: 552...
  • TaxOtherAnnualAssessmentAmount: 805.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,896 $177,250 $59,078 $118,172
2024 $2,896 $173,775 $57,920 $115,855
2023 $2,810 $170,369 $56,785 $113,584
2022 $2,761 $167,029 $55,672 $111,357
2021 $2,715 $163,755 $54,581 $109,174
2019 $2,644 $158,900 $52,963 $105,937
2018 $2,544 $155,785 $51,925 $103,860
2016 $2,426 $149,737 $49,909 $99,828
2015 $2,400 $147,489 $49,160 $98,329
2014 $2,272 $144,601 $48,198 $96,403
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 For Sale $1,810,000 -- $402 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed $234,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24219461

California Regional Multiple Listing Service (CRMLS)

APN: 8080-015-002