Norwalk, CA 90650,12625 Domart Avenue

$2,125,000

Est. payment /mo

$2,250,000

5.6%
Est.Price: ?

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12625 Domart Avenue Norwalk, CA 90650

7,424 SqFt

SOLD DATE : 01/26/2024

Key Details

Sold Price $2,125,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 7,424 sqft

Price per Sqft $286

MLS Listing ID CROC23197604

Sold Date 01/26/24

HOA Y/N No

Year Built 1962

Lot Size 10,018 Sqft

Acres 0.23

Property Description

12625 Domart Avenue is a 10-unit multifamily investment opportunity located in Norwalk, CA. The property offers an attractive mix of one and two-bedroom units with amenities including ample carport parking, security doors, and an on-site laundry facility. 12625 Domart Avenue benefits from its excellent Southeast Los Angeles location in close proximity to a plethora of desirable area amenities. Residents enjoy convenient access throughout Southern California via Interstates 105 and 605, as well as walkable access to the Norwalk Green Line Station. Residents benefit from the property’s close proximity to major retailers including Costco, Stater Bros. Markets, and Target. Additionally, the property is located just under 1.5 miles from community hotspots including Downey Landing and the Promenade at Downey. Furthermore, the property is situated near Kaiser Permanente Downey Medical Center, the premier employer in the city of Downey with over 5,000 employees. In summary, 12625 Domart Avenue’s fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool. This overall demand for a well-located and maintained apartment building will be a key driver in the continued growth and succes

Location

State CA

County Los Angeles

Area Listing

Zoning NOR3

Interior

Fireplace No

Laundry Community Facility

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 8051012026

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Bridge MLS
Listed by Tyler Leeson • Marcus & Millichap RE Invest
Bought with TylerLeeson
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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