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11938 Union St, Norwalk, CA 90650
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11938 Union St Norwalk, CA 90650

$990,000 Sold Price as of 10/28/2020
  • 5 Beds
  • 4 Baths
  • 3,616 Sq.Ft.
Sold
$990,000 Sold Price as of 10/28/2020 Refinance Your Mortgage
Map preview of 11938 Union St, Norwalk, CA 90650

Property Overview: 11938 Union St Norwalk, CA has 5 bedrooms, 4 bathrooms, 3,616 living square feet and 5,835 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: THIS IS BY FAR ONE OF THE CLEANEST BUILDINGS I'VE EVER LISTED. 4 UNITS. 3 UNITS ARE 1 BEDROOMS AND 1 UNIT IS A 2 BEDROOM. THERE ARE 4 CAR PORTS AND A LARGE TWO CAR GARAGE WITH A LOFT. EACH TENANT CAN PARK ONE CAR IN THE CARPORT AND ANOTHER CAR RIGHT BEHIND IT. OWNER CAN RENT OUT THE TWO CAR GARAGE FOR EXTRA INCOME. NO ONE IS USING IT CURRENTLY. THERE IS A LAUNDRY ROOM WITH COIN OPERATED WASHER AND DRYER THAT PRODUCES INCOME AS WELL. ALL UNITS HAVE THEIR OWN ELECTRIC POWERED WATER HEATERS. ALL OF THE ONE BEDROOMS UNITS HAVE LONG TERM TENANTS PAYING ALMOST MARKET RENTS. THE TWO BEDROOM HAS NEW TENANTS PAYING MARKET RENT. UNIT #1 1 BEDROOM RENTS FOR $1175 UNIT #2 1 BEDROOM RENTS FOR $1200 UNIT #3 2 BEDROOM RENTS FOR $1650 UNIT #4 1 BEDROOM RENTS FOR $1150

Listed by Jeffery Allensworth | BRE #01083399 | Realty World Allensworth
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 81

Home details

Lot Sq. Ft
5,835
HOA Dues
$0/mo
Year built
1969
Garage
2 Car
Property Type:
Fourplex
Status
Sold
MLS#
DW20139482
City
Norwalk
County
Los Angeles
Time on Site
1536 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,175
  • Total Rent: $1,175
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $62,100
  • Net Operating Income: $59,340
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Other Income Description: LAUNDRY PRODUCES INCOME AS WEL
Annual Expense Breakdown
  • Total Operating Expense: $2,760
  • Electric: $600
  • Gas/Fuel: $0
  • New Taxes: $13,737
  • Trash: $960
  • Insurance: $1,000
  • Water/Sewer: $1,000

Property Details for 11938 Union St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned, Attached Carport, Circular Driveway, Concrete, Garage
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 8048018002
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: NORTH OF FIRESTONE EAST OF PIONEER
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Norwalk Agent

Sale History for 11938 Union St

Last sold for $990,000 on October 28th, 2020

  • October, 2020

  • Oct 28, 2020

    Date

    Sold

    CRMLS: DW20139482

    $990,000

    Price

  • Oct 19, 2020

    Date

    Pending

    CRMLS: DW20139482

    $1,049,000

    Price

  • Sep 24, 2020

    Date

    Price Change

    CRMLS: DW20139482

    $1,049,000

    Price

  • Sep 24, 2020

    Date

    Active

    CRMLS: DW20139482

    $1,099,000

    Price

  • Sep 8, 2020

    Date

    Pending

    CRMLS: DW20139482

    $1,099,000

    Price

  • Jul 15, 2020

    Date

    Active

    CRMLS: DW20139482

    $1,099,000

    Price

  • October, 2020

  • Oct 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $990,000

    Price

  • August, 1998

  • Aug 14, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 11938 Union St

Assessed Value (2020): $158,981
Year Land Value Improved Value Assessed Value
2020 $31,656 $127,325 $158,981

Home Value Compared to the Market

This property vs the competition

11938 Union St sold on October 28, 2020 for 37.12% higher than the current median sold price for the city of Norwalk which is $765,000. The median sold price per/sqft for Norwalk is $571 and this home is sold at $290.1 per/sqft which puts the price per square foot 49.19% lower than the current median sale per square foot for the city of Norwalk.

About 11938 Union St

Detailed summary of property

11938 Union St is a fourplex that recently sold in Norwalk, CA 90650. This fourplex offered 5 bedrooms, 4 bathrooms, roughly 3,616 living square feet, and sits on an approximately 5,835 square foot lot. 11938 Union St was first listed on ArdentRealEstateGroup.com on July 15, 2020. The homeowner sold the property for $990,000. 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 37.12% higher than the current median priced home. Local homes that are currently for sale include 1428 E 59th St, 3608 W Valencia Dr and 3606 W Valencia Dr. While the average home in Norwalk, CA is selling in 44 days, 11938 Union St has a days on market of 81 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 11938 Union 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 11938 Union St

Public county record property details
Beds
5
Baths
4
Year built
1969
Sq. Ft.
3,616
Lot Size
5,847
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
8048-018-002

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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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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