12007 Sycamore St, Norwalk, CA 90650
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12007 Sycamore St Norwalk, CA 90650

$1,350,000
  • 6 Beds
  • 6 Baths
  • 3,000 Sq.Ft.
For Sale
$1,350,000 Get Pre-Qualified

Map preview of 12007 Sycamore St, Norwalk, CA 90650

Property Overview: 12007 Sycamore St Norwalk, CA has 6 bedrooms, 6 bathrooms, 3,000 living square feet and 7,092 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Jagmeet Singh | BRE #01886951 | Keller Williams Sierra Madre
Last checked: 2 minutes ago | Last updated: September 24th, 2024 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
7,092
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Apartment
Status
Active
MLS#
AR24198708
City
Norwalk
County
Los Angeles
Time on Site
4 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $853
  • Total Rent: $8,535
  • Pro Forma/Market Rent: $10,170
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $102,420
  • Net Operating Income: $67,531
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $31,817
  • Electric: $720
  • Gas/Fuel: $0
  • New Taxes: $15,902
  • Trash: $1,190
  • Insurance: $4,595
  • Professional Management: $0
  • Water/Sewer: $1,325

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Property Details for 12007 Sycamore St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 6
  • Parcel Number: 8056026011
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Rosecrans and East of San Antonio Dr
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 12007 Sycamore St

Last sold on October 1st, 2019
  • September, 2024

  • Sep 24, 2024

    Date

    Active

    CRMLS: AR24198708

    $1,350,000

    Price

  • October, 2019

  • Oct 1, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2018

  • Sep 6, 2018

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

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Tax History for 12007 Sycamore St

Assessed Value (2020): $1,006,590
Year Land Value Improved Value Assessed Value
2020 $601,800 $404,790 $1,006,590

Home Value Compared to the Market

This property vs the competition

12007 Sycamore St is listed 92.86% higher than the median list price for the city of Norwalk which has a median list price of $699,999. The median price per/sqft for Norwalk is $592 and this home is listed at $450 per/sqft which puts the price per square foot 23.99% lower than the median price per square foot for the city of Norwalk.

About 12007 Sycamore St

Detailed summary of property

12007 Sycamore St is a apartment located in Norwalk, CA 90650 and is currently for sale. This apartment offers 6 bedrooms, 6 bathrooms, roughly 3,000 living square feet, and sits on an approximately 7,092 square foot lot. 12007 Sycamore St was first listed on ArdentRealEstateGroup.com on September 24, 2024. The homeowner is currently asking $1,350,000. The median priced home in Norwalk is $699,999 with a median price per square foot of $592. Based on Ardent Real Estate Group's Norwalk Market Data, this home is listed 92.86% higher than the median priced home. Local competing homes currently for sale include 7566 Fillmore Dr, 1921 E Washington St and 6140 Orange Ave. While the average home in Norwalk, CA is selling in 44 days, 12007 Sycamore St has a days on market of 4 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 12007 Sycamore 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 12007 Sycamore St

Public county record property details
Beds
6
Baths
6
Year built
1962
Sq. Ft.
3,000
Lot Size
7,089
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
8056-026-011

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%)

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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.