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Dilbeck Real Estate
Real Living
818-790-6774

12121 Sproul Street, NORWALK CA, 90650

(Closed)
Sold Price:
$670,000
Date:01/07/2014
|
4,217 sqft
|
MLS# PW13205984
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Listing Provided Courtesy Of: Steven M. Bogoyevac, Broker
Last Updated: 4/17/2014 10:43 PM
Description for 12121 Sproul Street NORWALK, CA 90650
The property has a two-story building with a front house. The building contains one three-bedroom/twobathroomunit, one two-bedroom/two-bathroom unit and three one-bedroom/one-bathroom units. Built in 1967, theproperty is comprised of a total of 4,217 square feet on a 7,497-square foot lot. Currently, rents on the property are morethan thirty percent under the market standard, allowing a value-add investor the opportunity to easily increase cashflow byraising rents.Each unit is separately metered for gas and electric. There are three two-car garages with storage under three of the units.Vehicular access to the three parking garages is from Sproul Street. The roof on the property is a pitched roof in goodcondition. There is a children's play area at the rear of the property with a tree swing.The property is located between San Antonio Drive and Clarkdale Avenue just one block from Firestone Boulevard. It isalso within a half-block of the Norwalk Arts and Sports Complex. The complex consists of a state-of-the-art weightroom, basketball gymnasium, four indoor racquetball courts, a boxing room and dance rooms. There is also a ballroomwhich can hold up to150 people.The seller is willing to carry back.
Price
Sold Price:
$670,000
Sold Date:01/07/2014
Los Angeles
4,217 (approx)
PW13205984
Closed
Description
The property has a two-story building with a front house. The building contains one three-bedroom/twobathroomunit, one two-bedroom/two-bathroom unit and three one-bedroom/one-bathroom units. Built in 1967, theproperty is comprised of a total of 4,217 square feet on a 7,497-square foot lot. Currently, rents on the property are morethan thirty percent under the market standard, allowing a value-add investor the opportunity to easily increase cashflow byraising rents.Each unit is separately metered for gas and electric. There are three two-car garages with storage under three of the units.Vehicular access to the three parking garages is from Sproul Street. The roof on the property is a pitched roof in goodcondition. There is a children's play area at the rear of the property with a tree swing.The property is located between San Antonio Drive and Clarkdale Avenue just one block from Firestone Boulevard. It isalso within a half-block of the Norwalk Arts and Sports Complex. The complex consists of a state-of-the-art weightroom, basketball gymnasium, four indoor racquetball courts, a boxing room and dance rooms. There is also a ballroomwhich can hold up to150 people.The seller is willing to carry back.
Listing Information
Property Type: Multi-Family
7,447 Sq. Ft. Public Records 4,217 (approx)
$158.88 1967
Public, Water District
Unknown
5 Total
Neighborhood
Room Information
Interior Features
Ground Level - no steps
Exterior / Lot Features
3 Garage Spaces, 3 Parking Spaces
Wood, Stucco
Other
None
No Pool
Sidewalks
Financial Considerations
8056005005
$8,271
Cash, Cash To Existing Loan, Cash To New Loan, Owner Will Carry
Income ,$23,036
51600.0000
Semi Annually
Listing Price History

NORWALK Real Estate

NORWALK is located in California. NORWALK, California 90650 has a population of  105,549.

The median household income in NORWALK, California 90650 is $54,924. The median household income for the surrounding county is $52,874 compared to the national median of $50,935. The median age of people living in NORWALK 90650 is 32.6 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Steven M. Bogoyevac, Broker Steven Bogoyevac
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved.
Information is deemed reliable but is not guaranteed.

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