Norwalk, CA 90650,12625 Domart AVE
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Norwalk, CA 90650,12625 Domart AVE
Norwalk, CA 90650,12625 Domart AVE
Norwalk, CA 90650,12625 Domart AVE
Norwalk, CA 90650,12625 Domart AVE

$2,125,000

Est. payment /mo

$2,250,000

5.6%
Est.Price: ?

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12625 Domart AVE Norwalk, CA 90650

10,018 Sqft Lot

SOLD DATE : 01/26/2024

Key Details

Sold Price $2,125,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC23197604

Sold Date 01/26/24

HOA Y/N No

Year Built 1962

Lot Size 10,018 Sqft

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 success at 12625 Domart Avenue.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning NOR3YY

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 12

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 12

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 8051012026

Energy Description 3702.0

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tyler Leeson • Marcus & Millichap RE Invest • 714-713-9086
Bought with Tyler Leeson • Marcus & Millichap RE Invest

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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