Los Angeles, Residential Income – 12645 Norwalk Blvd, Norwalk, CA 90650, USA -001-11-30T00:00:00-08:00
Faircrest Apartments is a 24-unit non-rent controlled multifamily investment property located at 12645 Norwalk Boulevard in the city of Norwalk, California. Situated on a 0.64-acre lot, the 21,145 square foot property consists of studio, one-, two-, and thre
12645 Norwalk Blvd, Norwalk, CA 90650, USA
$6,100,000 USD
Pictures
Map
Object Images
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Contact us
Schedule Tour
Address12645 Norwalk Boulevard, Norwalk
Price$6,100,000
Year Built1963
Bedrooms Total0
Living Area21,145 ft2
Lot Size (Sq.Ft.)27,878
Listing IDOC17253972
StatusActive
Parcel Number8047004014
ZoningNOCOPF
Special ConditionsStandard
Days on Market10

Detailed Description: Faircrest Apartments is a 24-unit non-rent controlled multifamily investment property located at 12645 Norwalk Boulevard in the city of Norwalk, California. Situated on a 0.64-acre lot, the 21,145 square foot property consists of studio, one-, two-, and three-bedroom units averaging 881 sq.ft. Built in 1963, the property offers an attractive range of amenities including a spacious courtyard with a sparkling swimming pool, carport parking, and on-site laundry. Residents of Faircrest Apartments enjoy easy access to Interstate 5, Norwalk / Santa Fe Springs Transportation Center, libraries, schools, and a plethora of major retail centers.

Laundry
Pool Private
Rent Control
Senior Community
Property Attached
Land Lease

Property added to favorites
Add to Favorite
Mortgage calculator
More Information
Loan
Mortgage
Expert
Loan amount
Loan term
Annual interest rate
First payment date
Amortization period
Calculate
Hide
Address Information
Address12645 Norwalk Boulevard, Norwalk
Street SuffixBoulevard
CityNorwalk
Location (MLS Area)M1 – Norwalk
County Or ParishLos Angeles
Postal Code Plus43164
CountryUS
Financial Information
Price per Square Foot$288.48
Price per Lot Square Foot$218.81
Special ConditionsStandard
Total Expenses$156,022
Professional Management Expense$17,223
Operating Expense$156,022
Insurance Expense$7,200
Electric Expense$4,946
Water Sewer Expense$4,946
Trash Expense$4,946
Maintenance Expense$12,000
Fuel Expense$4,946
Other Expense DescriptionOther
Other Expense$27,560
Gross Operating Income$430,585
Gross Income$443,784
Gross Scheduled Income$443,784
Net Operating Income$274,563
Total Actual Rent$36,665
Tax Year2000
Tax Lot8
New Taxes Expense$72,255
Full Descriptions
Parcel Number8047004014
Detailed DescriptionFaircrest Apartments is a 24-unit non-rent controlled multifamily investment property located at 12645 Norwalk Boulevard in the city of Norwalk, California. Situated on a 0.64-acre lot, the 21,145 square foot property consists of studio, one-, two-, and three-bedroom units averaging 881 sq.ft. Built in 1963, the property offers an attractive range of amenities including a spacious courtyard with a sparkling swimming pool, carport parking, and on-site laundry. Residents of Faircrest Apartments enjoy easy access to Interstate 5, Norwalk / Santa Fe Springs Transportation Center, libraries, schools, and a plethora of major retail centers.
Lot FeaturesLandscaped
Community FeaturesSidewalks
Water SourcePublic
Laundry FeaturesCommunity
Heating DescriptionRadiant
Pool FeaturesCommunity Pool
Property parameters
Year Built1963
Living Area (Sq.Ft.)21,145 ft2
Lot Size (Sq.Ft.)27,878
Lot Size SourceAssessor
Number of Buildings1
Number of Units Leased24
Number of Units Total24
ZoningNOCOPF
Stories Total2
LevelsTwo
Water SourcePublic
Units Total24
Year Built SourceAssessor
Vacancy Allowance Rate3%
Number of Separate Electric Meters24
Number of Separate Gas Meters24
Listed withTyler Leeson (Marcus & Millichap RE Invest)