12044 Sycamore St, Norwalk, CA 90650
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12044 Sycamore St Norwalk, CA 90650

$1,025,000
  • 6 Beds
  • 3 Baths
  • 2,304 Sq.Ft.
For Sale
$1,025,000 Get Pre-Qualified

Map preview of 12044 Sycamore St, Norwalk, CA 90650

Property Overview: 12044 Sycamore St Norwalk, CA has 6 bedrooms, 3 bathrooms, 2,304 living square feet and 7,499 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: Charming three-unit building in Norwalk, CA! All three units are 2 bedroom + 1 bath and have there own one-car garage. 2B+1B unit features laundry hookups and a one-car garage. Built in 1953, this property boasts a long driveway for additional tenant parking. Don't miss this investment opportunity!" Residents enjoy the convenience of having washer and dryer hookups right in their own units.

Listed by Jagmeet Singh | BRE #01886951 | Keller Williams Realty
Last checked: 8 minutes ago | Last updated: April 19th, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
7,499
HOA Dues
$0/mo
Year built
1953
Garage
3 Car
Property Type:
Triplex
Status
Active
MLS#
AR24077760
City
Norwalk
County
Los Angeles
Time on Site
13 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,895
  • Total Rent: $1,895
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,945
  • Total Rent: $1,945
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,945
  • Total Rent: $1,945
  • Pro Forma/Market Rent: $2,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $68,220
  • Net Operating Income: $44,343
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $23,877
  • Electric: $30
  • Trash: $596
  • Gardener: $600
  • Insurance: $1,950
  • Water/Sewer: $1,979

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Property Details for 12044 Sycamore St

Interior Features
Laundry Information
  • Has Laundry
  • In Garage
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
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: 3
  • Parcel Number: 8056028014
  • Year Built Source: Appraiser
  • 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 Pioneer
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 12044 Sycamore St

Last sold for $200,000 on June 20th, 2018
  • April, 2024

  • Apr 18, 2024

    Date

    Active

    CRMLS: AR24077760

    $1,025,000

    Price

  • September, 2021

  • Sep 1, 2021

    Date

    Active

    CRMLS: RS21144956

    $999,000

    Price

  • Aug 29, 2021

    Date

    Active Under Contract

    CRMLS: RS21144956

    $999,000

    Price

  • Aug 12, 2021

    Date

    Active

    CRMLS: RS21144956

    $999,000

    Price

  • Aug 11, 2021

    Date

    Coming Soon

    CRMLS: RS21144956

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    INVESTMENT OPPRTUNITY!!! This is a good investment opportunity for those interested in cashflow. This offers a good value for a 3 Unit income-property. Each unit is a single story, 2 Br and 1 Ba unit. Such investment opportunities are not very common in these areas and neighborhoods. The tenants have been there for a long time. There is an upward rent potential for the the new owner. Ask listing agent for more details.

  • June, 2018

  • Jun 22, 2018

    Date

    Sold

    CRMLS: SB17260483

    $200,000

    Price

  • Apr 3, 2018

    Date

    Pending

    CRMLS: SB17260483

    $800,000

    Price

  • Apr 3, 2018

    Date

    Active

    CRMLS: SB17260483

    $800,000

    Price

  • Apr 1, 2018

    Date

    Expired

    CRMLS: SB17260483

    $800,000

    Price

  • Nov 29, 2017

    Date

    Withdrawn

    CRMLS: SB17260483

    $800,000

    Price

  • Nov 17, 2017

    Date

    Active

    CRMLS: SB17260483

    $800,000

    Price

  • Listing provided courtesy of CRMLS

    Great value add opportunity with existing rent significantly lower than market. First time on the market in decades. Please contact listing agent for complete details.

  • June, 2018

  • Jun 19, 2018

    Date

    Sold (Public Records)

    Public Records

    $200,000

    Price

  • September, 2015

  • Sep 25, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 12044 Sycamore St

Assessed Value (2020): $696,027
Year Land Value Improved Value Assessed Value
2020 $416,160 $279,867 $696,027

Home Value Compared to the Market

This property vs the competition

12044 Sycamore St is listed 42.36% higher than the median list price for the city of Norwalk which has a median list price of $719,999. The median price per/sqft for Norwalk is $592 and this home is listed at $444.88 per/sqft which puts the price per square foot 24.85% lower than the median price per square foot for the city of Norwalk.

About 12044 Sycamore St

Detailed summary of property

12044 Sycamore St is a triplex located in Norwalk, CA 90650 and is currently for sale. This triplex offers 6 bedrooms, 3 bathrooms, roughly 2,304 living square feet, and sits on an approximately 7,499 square foot lot. 12044 Sycamore St was first listed on ArdentRealEstateGroup.com on April 18, 2024. The homeowner is currently asking $1,025,000. The median priced home in Norwalk is $719,999 with a median price per square foot of $592. Based on Ardent Real Estate Group's Norwalk Market Data, this home is listed 42.36% higher than the median priced home. Local competing homes currently for sale include 6728 Friends Ave, 6728 Friends Ave and 6527 Bright Ave. While the average home in Norwalk, CA is selling in 42 days, 12044 Sycamore St has a days on market of 11 days. There are currently 71 homes for sale in the Norwalk real estate market and 64 of them are single family homes while 5 of them are condos and 2 are townhomes. For more information on this home for sale at 12044 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 12044 Sycamore St

Public county record property details
Beds
6
Baths
3
Year built
1953
Sq. Ft.
2,304
Lot Size
7,497
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
39,41
APN
8056-028-014

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
$719,999
Median List Price/Sq.Ft.
$592
Median Sold Price
$730,000
Median Sold Price/Sq.Ft.
$570
Total Inventory
71
Median Sale to List Price %
100.7%
Avg Days on Market
16
Loan Type
Conventional (54.29%), FHA (25.71%), VA (2.86%), Cash (11.43%), Other (0%)

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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.