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12820 Studebaker Rd, Norwalk, CA 90650
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12820 Studebaker Rd Norwalk, CA 90650

$2,100,000 Sold Price as of 11/17/2023
  • -- Beds
  • -- Baths
  • 7,012 Sq.Ft.
Sold
$2,100,000 Sold Price as of 11/17/2023 Refinance Your Mortgage
Map preview of 12820 Studebaker Rd, Norwalk, CA 90650

Property Overview: 12820 Studebaker Rd Norwalk, CA has -- bedrooms, -- bathrooms, 7,012 living square feet and 15,264 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing Free Standing 2-Story Medical Building Development Opportunity for OWNER USER or INVESTMENT. CITY APPROVED PLAN Available and can be shared upon request. Excellent location in City of Norwalk. Walking distance to Coast Plaza Hospital. High Street Visibility from Fwy 105 Off-Ramp and Studebaker Road. Approx. 7,012 SF of Rentable Area and 15,246 SF of Lot Size. Corner Lot. Ample Parking. Based on Approved Plan, 2 Units on 1st Floor and 4 Units on 2nd Floor (Average Size Between 900 sf. to 1,521 sf.). Seller has Completed: City Plan Approved, Demolition most of Interior, Parking Lot Work with New Surface and ADA Compliant (estimate to complete on 7/31/2023). Property needs: New Electrical, Plumbing, HVAC, Modernized Elevator, Exterior and Interior Update. ZONED FOR: Commercial and Professional (Permitted and Potential USE for: Medical, Indoor Recreation, Minor Utilities, Office, Animal Clinic or Hospital, Restaurant, Retail, Drive-Through.. etc). SEE ATTACHED Zoning Appendices. Seller will consider to Carry Back up to 50% of Purchase Price for 36 months at 6% INTEREST ONLY. **3D Tour Link available: https://my.matterport.com/show/?m=LDETHD88zjB& *** Property Website available: https://315-digital-media.aryeo.com/sites/12820-studebaker-rd-norwalk-ca-90650-4883711/branded

Listed by Kevin Lee | BRE #01720786 | Coldwell Banker Alliance
Last checked: 9 minutes ago | Last updated: November 17th, 2023 | Source CRMLS | DOM: 155

Home details

Lot Sq. Ft
15,264
HOA Dues
$0/mo
Year built
1966
Garage
--
Property Type:
Specialty
Status
Sold
MLS#
TR23092077
City
Norwalk
County
Los Angeles
Time on Site
385 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 101
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 202
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 203
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 200
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 201
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 100
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 12820 Studebaker Rd

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 26
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 6
  • Parcel Number: 8050027012
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Right at Off Ramp of FWY 105 and North of Adoree St.
View more facts & features

Local Norwalk Agent

Sale History for 12820 Studebaker Rd

Last sold for $2,100,000 on November 17th, 2023

  • November, 2023

  • Nov 17, 2023

    Date

    Sold

    CRMLS: TR23092077

    $2,100,000

    Price

  • Jun 6, 2023

    Date

    Active

    CRMLS: TR23092077

    $2,395,000

    Price

  • February, 1997

  • Feb 13, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 12820 Studebaker Rd

Assessed Value (2020): $1,502,636
Year Land Value Improved Value Assessed Value
2020 $461,659 $1,040,977 $1,502,636

Home Value Compared to the Market

This property vs the competition

12820 Studebaker Rd sold on November 17, 2023 for 192.52% higher than the current median sold price for the city of Norwalk which is $735,000. The median sold price per/sqft for Norwalk is $610 and this home is sold at $306.62 per/sqft which puts the price per square foot 49.73% lower than the current median sale per square foot for the city of Norwalk.

About 12820 Studebaker Rd

Detailed summary of property

12820 Studebaker Rd is a specialty that recently sold in Norwalk, CA 90650. This specialty property offered -- bedrooms, -- bathrooms, roughly 7,012 living square feet, and sits on an approximately 15,264 square foot lot. 12820 Studebaker Rd was first listed on ArdentRealEstateGroup.com on June 6, 2023. The homeowner sold the property for $2,100,000. Home in Norwalk are selling for a median price of $735,000 and a median price per square foot of $610. Based on Ardent Real Estate Group's Norwalk Market Data, this home is sold 192.52% higher than the current median priced home. Local homes that are currently for sale include 1605 E 1st St, 1611 E Cesar E Chavez Ave and 10950 SW Figueroa St. While the average home in Norwalk, CA is selling in 37 days, 12820 Studebaker Rd has a days on market of 155 days. There are currently 102 homes for sale in the Norwalk real estate market and 94 of them are single family homes while 6 of them are condos and 2 are townhomes. For more information on this home for sale at 12820 Studebaker Rd Norwalk, CA 90650 contact Ardent Real Estate Group and we will put you in touch with one of our Norwalk agents.

Public Facts for 12820 Studebaker Rd

Public county record property details
Beds
--
Baths
--
Year built
1966
Sq. Ft.
7,012
Lot Size
15,273
Stories
1
Type
Medical Bldg/Clinic
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
8050-027-012

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
$729,777
Median List Price/Sq.Ft.
$600
Median Sold Price
$735,000
Median Sold Price/Sq.Ft.
$574
Total Inventory
102
Median Sale to List Price %
102.8%
Avg Days on Market
19
Loan Type
Conventional (37.5%), FHA (12.5%), VA (16.67%), Cash (16.67%), Other (16.67%)

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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