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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,538,000

Est. payment - /mo

5,362 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26131857

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1949

Lot Size 5,362 Sqft

Property Sub-Type Quadruplex

Property Description

Exceptional 4-Unit Investment Opportunity in a highly desirable residential area known for its strong and consistent rental demand. Proudly owned and meticulously maintained by the same owner for many years, this turnkey corner-lot fourplex offers the ideal combination of strong cash flow, low maintenance, and future upside potential. Extensively upgraded throughout, the property features a newer roof, updated plumbing, complete electrical rewiring with upgraded electrical panels and meters, dual-pane windows, remodeled kitchens, updated bathrooms, and newer flooring in all units. Pride of ownership is evident throughout this well-cared-for investment property. All four units are occupied and provide strong and stable income. Tenants pay their own electricity, gas, water, trash, and garage, significantly reducing operating expenses and resulting in an attractive net income compared to many similar multifamily properties. In addition, each unit includes its own one-car garage, providing additional rental value and tenant appeal. The property's durable concrete and metal stairways further minimize maintenance concerns and contribute to long-term ownership efficiency. Situated on a desirable corner lot with convenient side-street access, the garage area offers excellent ADU conversion potential, creating an opportunity for additional rental income and future value enhancement. Ideally located near shopping centers, restaurants, schools, parks, public transportation, and major freeways, the property benefits from strong rental demand and excellent accessibility throughout Los Angeles and Orange County. The area's continued demand for quality rental housing supports both long-term occupancy and future rental growth potential. Whether seeking immediate cash flow, low-maintenance ownership, or future income expansion opportunities, investors will appreciate that this rare four-unit Norwalk property qualifies for a wider range of residential financing options while delivering strong income potential on all fronts.

Location

State CA

County Los Angeles

Area M1 - Norwalk

Interior

Interior Features Balcony, Open Floorplan, Quartz Counters, Primary Suite

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplace No

Appliance Dishwasher, Gas Range, Range Hood, Water Heater

Laundry Outside

Exterior

Exterior Feature Lighting

Parking Features Assigned, Concrete, Driveway Level, Door-Single, Driveway, Garage, On Site, Private, Garage Faces Side, Side By Side

Garage Spaces 4.0

Garage Description 4.0

Fence Wrought Iron

Pool None

Community Features Biking, Curbs, Golf, Street Lights, Sidewalks, Park

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Accessibility Accessible Doors, Accessible Hallway(s)

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard, Corner Lot, Front Yard, Garden, Sprinklers In Rear, Lawn, Landscaped, Level, Near Park, Rectangular Lot, Street Level, Yard

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 8073005013

Security Features Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by RHEA BAI RE/MAX PREMIER/ARCADIA 626-589-7958, DRE #01360246

NEARBY SCHOOL & BUSINESS

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11944 Rosecrans AVE Norwalk, CA 90650