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5453 Norwalk Blvd, Whittier, CA 90601
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5453 Norwalk Blvd Whittier, CA 90601

$5,400,000 Sold Price as of 06/17/2022
  • 35 Beds
  • 26.5 Baths
  • 18,880 Sq.Ft.
Sold
$5,400,000 Sold Price as of 06/17/2022 Refinance Your Mortgage
Map preview of 5453 Norwalk Blvd, Whittier, CA 90601

Property Overview: 5453 Norwalk Blvd Whittier, CA has 35 bedrooms, 26.5 bathrooms, 18,880 living square feet and 20,908 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 5453 Norwalk Boulevard is a 17-unit multifamily investment property located in Whittier, CA. Situated on a 0.48-acre lot, 5453 Norwalk Boulevard consists of 16, 2 bed / 1.5 bath townhomes and 1, 3 bed / 2.5 bath townhome. The property offers amenities including a swimming pool, on-site laundry, ample tuck-under parking, and private patios or balconies. 5453 Norwalk Boulevard benefits from its close proximity to major retail centers including the Ralphs and CVS anchored Whittier Marketplace. The property is also within a 1.25-mile radius of all three levels of schooling, including Orange Grove Elementary School, Katherine Edwards Intermediate School, and Whittier High School. Additionally, 5453 Norwalk Boulevard is positioned within 0.75 miles of the Interstate 605 and Whittier Boulevard junction, connecting residents with local and regional employment hubs in Los Angeles, Orange, and Riverside Counties.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 13 minutes ago | Last updated: June 17th, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
20,908
HOA Dues
$0/mo
Year built
1970
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC22025200
City
Whittier
County
Los Angeles
Time on Site
809 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 17
  • Total # of Buildings: 1
  • # of Leased Units: 17
  • # of Electric Meters: 17
  • # of Gas Meters: 17
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 16
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $27,055
  • Total Rent: $27,055
  • Pro Forma/Market Rent: $37,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,074
  • Total Rent: $2,074
  • Pro Forma/Market Rent: $2,725
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $349,547
  • Net Operating Income: $205,028
  • Gross Operating Income: $358,455
  • Vacancy Allowance: $10,486
  • Other Income 1: $19,395
  • Other Income Description: Miscellaneous
Annual Expense Breakdown
  • Total Operating Expense: $153,427
  • Electric: $7,006
  • Gas/Fuel: $7,006
  • New Taxes: $66,110
  • Trash: $7,006
  • Insurance: $11,327
  • Maintenance: $11,900
  • Professional Management: $12,546
  • Water/Sewer: $7,006
  • Other Expenses: $23,522
  • Other Expense Description: Misc

Property Details for 5453 Norwalk Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Community
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lawn
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 17
  • Parcel Number: 8129031037
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: Nearby Cross Streets: Norwalk Boulevard & Hunter Avenue
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Whittier Agent

Sale History for 5453 Norwalk Blvd

Last sold for $5,400,000 on June 17th, 2022

  • June, 2022

  • Jun 17, 2022

    Date

    Sold

    CRMLS: OC22025200

    $5,400,000

    Price

  • Feb 8, 2022

    Date

    Active

    CRMLS: OC22025200

    $5,900,000

    Price

  • July, 2018

  • Jul 15, 2018

    Date

    Expired

    CRMLS: OC18141800

    $5,000,000

    Price

  • Jun 14, 2018

    Date

    Active

    CRMLS: OC18141800

    $5,000,000

    Price

  • Listing provided courtesy of CRMLS

    5453 Norwalk Boulevard is a 17-unit multifamily investment property located in the city of Whittier, California. Residents enjoy the property’s close proximity to parks, schools, and Interstate 605. Situated on a 0.48-acre lot, the 18,880 square foot property consists of two- and three-bedroom townhouse floor plans averaging 1,105 square feet. Built in 1970, the property offers an attractive range of amenities including carport parking with additional storage, a sparkling swimming pool, on-site laundry, patios or balconies, and ceiling fans.

  • April, 2017

  • Apr 6, 2017

    Date

    Sold (Public Records)

    Public Records

    $4,200,000

    Price

  • October, 2004

  • Oct 1, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5453 Norwalk Blvd

Assessed Value (2020): $4,457,583
Year Land Value Improved Value Assessed Value
2020 $1,273,449 $3,184,134 $4,457,583

Home Value Compared to the Market

This property vs the competition

5453 Norwalk Blvd sold on June 17, 2022 for 637.5% higher than the current median sold price for the city of Whittier which is $800,000. The median sold price per/sqft for Whittier is $552 and this home is sold at $312.5 per/sqft which puts the price per square foot 43.39% lower than the current median sale per square foot for the city of Whittier.

About 5453 Norwalk Blvd

Detailed summary of property

5453 Norwalk Blvd is a multi family that recently sold in Whittier, CA 90601. This multi family property offered 35 bedrooms, 26.5 bathrooms, roughly 18,880 living square feet, and sits on an approximately 20,908 square foot lot. 5453 Norwalk Blvd was first listed on ArdentRealEstateGroup.com on February 8, 2022. The homeowner sold the property for $5,400,000. Home in Whittier are selling for a median price of $800,000 and a median price per square foot of $552. Based on Ardent Real Estate Group's Whittier Market Data, this home is sold 637.5% higher than the current median priced home. Local homes that are currently for sale include 1244 Innes Ave, 1201 W Diamond St and 5871 S San Pedro St. While the average home in Whittier, CA is selling in 59 days, 5453 Norwalk Blvd has a days on market of 14 days. There are currently 200 homes for sale in the Whittier real estate market and 167 of them are single family homes while 20 of them are condos and 13 are townhomes. For more information on this home for sale at 5453 Norwalk Blvd Whittier, CA 90601 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 5453 Norwalk Blvd

Public county record property details
Beds
--
Baths
--
Year built
1970
Sq. Ft.
18,880
Lot Size
20,720
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
41
APN
8129-031-037

The source for these homes facts are from public records.

90601 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$839,000
Median List Price/Sq.Ft.
$524
Median Sold Price
$880,000
Median Sold Price/Sq.Ft.
$555
Total Inventory
58
Median Sale to List Price %
98.13%
Avg Days on Market
23
Loan Type
Conventional (30.77%), FHA (15.38%), VA (7.69%), Cash (0%), Other (38.46%)

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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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