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Clarkdale Apartments 12007 Sycamore St 6 Unit Apartment Building $1,869,628 CAD ($311,605 CAD/Unit) 5.21% Cap Rate Norwalk, CA 90650
EXECUTIVE SUMMARY
Prime investment opportunity in the heart of Norwalk! This six-unit property features six 1-bedroom/ 1-bathroom units, providing excellent rental income potential. Built in 1962, the property offers 3,000 square feet of living space situated on a 7,090 square foot lot, with onsite parking and low-maintenance landscaping. Residents enjoy proximity to local schools, eateries, and shopping at Norwalk Town Square.
PROPERTY FACTS
| Price | $1,869,628 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $311,605 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 5.21% | Building Size | 3,000 SF |
| Gross Rent Multiplier | 12.12 | Average Occupancy | 97% |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 1.33/1,000 SF |
| Zoning | R3, Norwalk - Multiple Dwelling | ||
| Price | $1,869,628 CAD |
| Price Per Unit | $311,605 CAD |
| Sale Type | Investment |
| Cap Rate | 5.21% |
| Gross Rent Multiplier | 12.12 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,000 SF |
| Average Occupancy | 97% |
| No. Stories | 1 |
| Year Built | 1962 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | R3, Norwalk - Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
- Pantry
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 500 |
1 1
Walk Score®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 8056-026-011 | Improvements Assessment | $618,042 CAD |
| Land Assessment | $923,150 CAD | Total Assessment | $1,541,193 CAD |
PROPERTY TAXES
Parcel Number
8056-026-011
Land Assessment
$923,150 CAD
Improvements Assessment
$618,042 CAD
Total Assessment
$1,541,193 CAD
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Clarkdale Apartments | 12007 Sycamore St
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