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11827 Orange St, Norwalk, CA 90650
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11827 Orange St Norwalk, CA 90650

$820,000 Sold Price as of 06/11/2020
  • 6 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$820,000 Sold Price as of 06/11/2020 Refinance Your Mortgage
Map preview of 11827 Orange St, Norwalk, CA 90650

Property Overview: 11827 Orange St Norwalk, CA has 6 bedrooms, 3 bathrooms, -- living square feet and 8,070 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present a beautiful 4-Bed / 2-Bath Single Family Home Plus Brand New 2020 Constructed 2-Bed / 1-Bath ADU in the rear. The front single family home was originally built in 1938 as a 3-Bed / 1-Bath. The current owner added a bedroom and bathroom in 2019 and completely rehabbed the house. This is perfect for an owner user in which you could live in the front, rent out the ADU in the rear, and drastically reduce your mortgage payment. Conversely, this is also an excellent opportunity to purchase a turnkey asset, rent out both units, and enjoy the cash flow. All financials are based on proforma income and expenses.

Listed by Nicholas Petrosian | BRE #01462598 | Remax Commercial and Investment Realty
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
8,070
HOA Dues
$0/mo
Year built
1938
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20572270
City
Norwalk
County
Los Angeles
Time on Site
1541 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,700
  • Total Rent: $3,700
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.75
  • Gross Scheduled Income: --
  • Net Operating Income: $51,082
  • Gross Operating Income: $70,200
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 11827 Orange St

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 8054019024
Location / Neighborhood
Location Information
  • Directions: North of Rosecrans Avenue and East of Pioneer Boulevard.
View more facts & features

Local Norwalk Agent

Sale History for 11827 Orange St

Last sold for $820,000 on June 11th, 2020

  • July, 2020

  • Jul 3, 2020

    Date

    Sold

    CRMLS: 20560370

    $820,000

    Price

  • Jul 3, 2020

    Date

    Active

    CRMLS: 20560370

    $950,000

    Price

  • Jul 3, 2020

    Date

    Pending

    CRMLS: 20560370

    $950,000

    Price

  • Jul 2, 2020

    Date

    Active

    CRMLS: 20560370

    $950,000

    Price

  • Jun 2, 2020

    Date

    Expired

    CRMLS: 20560370

    $950,000

    Price

  • Apr 20, 2020

    Date

    Withdrawn

    CRMLS: 20560370

    $950,000

    Price

  • Mar 6, 2020

    Date

    Active

    CRMLS: 20560370

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present a beautiful 4-Bed / 2-Bath Single Family Home Plus Brand New 2020 Constructed 2-Bed / 1-Bath ADU in the rear. The front Single family home was originally built in 1938 as a 3-Bed / 1-Bath. The current owner added a bedroom and bathroom in 2019 and completely rehabbed the home. This is perfect for an owner user in which you could live in the front, rent out the ADU in the rear, and drastically reduce your mortgage payment. Conversely, this is also an excellent opportunity to purchase a turnkey asset, rent out both units, and enjoy the cash flow.

  • June, 2020

  • Jun 11, 2020

    Date

    Sold

    CRMLS: 20572270

    $820,000

    Price

  • Jun 3, 2020

    Date

    Pending

    CRMLS: 20572270

    $825,000

    Price

  • May 13, 2020

    Date

    Active Under Contract

    CRMLS: 20572270

    $825,000

    Price

  • Apr 28, 2020

    Date

    Price Change

    CRMLS: 20572270

    $825,000

    Price

  • Apr 20, 2020

    Date

    Active

    CRMLS: 20572270

    $950,000

    Price

  • June, 2020

  • Jun 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $820,000

    Price

  • September, 2018

  • Sep 18, 2018

    Date

    Sold

    CRMLS: PW18226545

    $415,000

    Price

  • Sep 18, 2018

    Date

    Active

    CRMLS: PW18226545

    $415,000

    Price

  • Listing provided courtesy of CRMLS

    Three bedroom one bath fixer in a great location. Original condition.

  • September, 2018

  • Sep 13, 2018

    Date

    Sold (Public Records)

    Public Records

    $415,000

    Price

Show More

Tax History for 11827 Orange St

Assessed Value (2020): $479,808
Year Land Value Improved Value Assessed Value
2020 $295,800 $184,008 $479,808

Home Value Compared to the Market

This property vs the competition

11827 Orange St sold on June 11, 2020 for 7.84% higher than the current median sold price for the city of Norwalk which is $765,000.

About 11827 Orange St

Detailed summary of property

11827 Orange St is a multi family that recently sold in Norwalk, CA 90650. This multi family property offered 6 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 8,070 square foot lot. 11827 Orange St was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $820,000. Home in Norwalk are selling for a median price of $765,000 and a median price per square foot of $571. Based on Ardent Real Estate Group's Norwalk Market Data, this home is sold 7.84% higher than the current median priced home. Local homes that are currently for sale include 69 E Louise St, 3409 Walnut Ave and 3409 Walnut Ave. While the average home in Norwalk, CA is selling in 44 days, 11827 Orange St has a days on market of 23 days. There are currently 93 homes for sale in the Norwalk real estate market and 82 of them are single family homes while 8 of them are condos and 3 are townhomes. For more information on this home for sale at 11827 Orange St Norwalk, CA 90650 contact Ardent Real Estate Group and we will put you in touch with one of our Norwalk agents.

Public Facts for 11827 Orange St

Public county record property details
Beds
6
Baths
3
Year built
--
Sq. Ft.
2,270
Lot Size
8,069
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
8054-019-024

The source for these homes facts are from public records.

90650 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$699,999
Median List Price/Sq.Ft.
$591
Median Sold Price
$765,000
Median Sold Price/Sq.Ft.
$571
Total Inventory
96
Median Sale to List Price %
102%
Avg Days on Market
22
Loan Type
Conventional (37.93%), FHA (27.59%), VA (0%), Cash (17.24%), Other (13.79%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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