14523 Flallon Ave, Norwalk, CA 90650
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14523 Flallon Ave Norwalk, CA 90650

$1,160,000 Sold Price as of 02/24/2022
  • 8 Beds
  • 4 Baths
  • 3,584 Sq.Ft.
Sold
$1,160,000 Sold Price as of 02/24/2022 Refinance Your Mortgage

Map preview of 14523 Flallon Ave, Norwalk, CA 90650

Property Overview: 14523 Flallon Ave Norwalk, CA has 8 bedrooms, 4 bathrooms, 3,584 living square feet and 6,207 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Unique Investment Units...each dwelling is modeled after Town-Home design, 2 Bedroom 1.5 Bath with interior washer and dryer hookups. Owners were meticulous about upkeep and parking features. Close to main artery transportation, retail shopping, Cerritos College and 605 and 91 FWY. Major upside to rents as well as strong rental history of existing tenants. Owner is selling adjacent building 14517-21, in a 1031 Exchange. Serious inquiries only. All information is accurate and up to date.

Listed by Chris Vigil | BRE #01485045 | Century 21 Cornerstone
Last checked: 5 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 40

Home details

Lot Sq. Ft
6,207
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21197415
City
Norwalk
County
Los Angeles
Time on Site
966 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: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,212
  • Total Rent: $50,544
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,190
  • Total Rent: $14,280
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,824
  • Net Operating Income: $55,584
  • Gross Operating Income: $64,824
  • # of Rented Garages: 0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $12,602
  • Electric: $140
  • Trash: $2,800
  • Gardener: $1,200
  • Insurance: $1,600
  • Water/Sewer: $3,000
  • Other Expenses: $500
  • Other Expense Description: Gas

Property Details for 14523 Flallon Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Inside, See Remarks
Fireplace Information
  • Has Fireplace
  • Bath, Living Room, See Remarks
Room Information
  • Flooring: Carpet, Laminate
  • All Bedrooms Up
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport, Detached Carport
Lot Information
  • Lot Features: 0-1 Unit/Acre, Sprinklers In Front
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 8074021052
  • Year Built Source: Assessor
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: South of Rosecrans West of Pioneer Blvd
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Norwalk Agent

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Sale History for 14523 Flallon Ave

Last sold for $1,160,000 on February 24th, 2022
  • October, 2021

  • Oct 28, 2021

    Date

    Pending

    CRMLS: PW21197415

    $1,250,000

    Price

  • August, 2010

  • Aug 18, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2006

  • Mar 30, 2006

    Date

    Sold (Public Records)

    Public Records

    $4,392,500

    Price

Show More

Tax History for 14523 Flallon Ave

Assessed Value (2020): $930,918
Year Land Value Improved Value Assessed Value
2020 $437,343 $493,575 $930,918

Home Value Compared to the Market

This property vs the competition

14523 Flallon Ave sold on February 24, 2022 for 71.23% higher than the current median sold price for the city of Norwalk which is $730,000. The median sold price per/sqft for Norwalk is $567 and this home is sold at $348.77 per/sqft which puts the price per square foot 38.49% lower than the current median sale per square foot for the city of Norwalk.

About 14523 Flallon Ave

Detailed summary of property

14523 Flallon Ave is a multi family that recently sold in Norwalk, CA 90650. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,584 living square feet, and sits on an approximately 6,207 square foot lot. 14523 Flallon Ave was first listed on ArdentRealEstateGroup.com on September 20, 2021. The homeowner sold the property for $1,160,000. Home in Norwalk are selling for a median price of $730,000 and a median price per square foot of $567. Based on Ardent Real Estate Group's Norwalk Market Data, this home is sold 71.23% higher than the current median priced home. Local homes that are currently for sale include 3409 Walnut Ave, 6136 Easton St and 6200 Northside Dr. While the average home in Norwalk, CA is selling in 37 days, 14523 Flallon Ave has a days on market of 40 days. There are currently 85 homes for sale in the Norwalk real estate market and 78 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 14523 Flallon Ave Norwalk, CA 90650 contact Ardent Real Estate Group and we will put you in touch with one of our Norwalk agents.

Public Facts for 14523 Flallon Ave

Public county record property details
Beds
8
Baths
8
Year built
1963
Sq. Ft.
3,584
Lot Size
6,206
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
8074-021-052

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
$715,000
Median List Price/Sq.Ft.
$592
Median Sold Price
$730,000
Median Sold Price/Sq.Ft.
$570
Total Inventory
85
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.