11944 Rosecrans Avenue,Norwalk, CA 90650
Norwalk, CA 90650
Description
Exceptional 4-Unit Investment Opportunity in a highly desirable residential area known for its strong and consistent rental demand. Proudly owned and meticulously maintained by the same owner for many years, this turnkey corner-lot fourplex offers the ideal combination of strong cash flow, low maintenance, and future upside potential. Extensively upgraded throughout, the property features a newer roof, updated plumbing, complete electrical rewiring with upgraded electrical panels and meters, dual-pane windows, remodeled kitchens, updated bathrooms, and newer flooring in all units. Pride of ownership is evident throughout this well-cared-for investment property. All four units are occupied and provide strong and stable income. Tenants pay their own electricity, gas, water, trash, and garage, significantly reducing operating expenses and resulting in an attractive net income compared to many similar multifamily properties. In addition, each unit includes its own one-car garage, providing additional rental value and tenant appeal. The property's durable concrete and metal stairways further minimize maintenance concerns and contribute to long-term ownership efficiency. Situated on a desirable corner lot with convenient side-street access, the garage area offers excellent ADU conversion potential, creating an opportunity for additional rental income and future value enhancement. Ideally located near shopping centers, restaurants, schools, parks, public transportation, and major freeways, the property benefits from strong rental demand and excellent accessibility throughout Los Angeles and Orange County. The area's continued demand for quality rental housing supports both long-term occupancy and future rental growth potential. Whether seeking immediate cash flow, low-maintenance ownership, or future income expansion opportunities, investors will appreciate that this rare four-unit Norwalk property qualifies for a wider range of residential financing options while delivering strong income potential on all fronts.
Details
| MLS # | WS26131857 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 119 |
| Listing Provided By | RE/MAX Premier Properties | RHEA BAI |
Features
| SQ Feet | 1,920 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.12 |
| Golf Course | Yes |
| Property View | Yes |
Interior
| Cooling | Wall Window Units |
|---|---|
| Cooling Yes / No | Yes |
| Interior Features | Balcony, Open Floorplan, Quartz Counters, Primary Suite |
| Window Features | Double Pane Windows |
| Appliances | Dishwasher, Gas Range, Range Hood, Water Heater |
Exterior
| Exterior Features | Lighting |
|---|---|
| Security Features | Fire Sprinkler System, Smoke Detectors |
| Construction Materials | Drywall, Log, Concrete, Stucco |
| Foundation Details | Slab |
| Lot Features | Back Yard, Corner Lot, Front Yard, Garden, Sprinklers In Rear, Lawn, Landscaped, Level, Near Park, Rectangular Lot, Street Level, Yard |
| Fencing | Wrought Iron |
Parking
| Parking Features | Assigned, Concrete, Driveway Level, Door Single, Driveway, Garage, On Site, Private, Garage Faces Side, Side By Side |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
Location
| Community Features | Biking, Curbs, Golf, Street Lights, Sidewalks, Park |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Norwalk |
| Zip Code | 90650 |
| Area | M1 Norwalk |
| Listing VS Median (in 90650) | |
Price: $1,425,000 low | high Med: $999,000 sqft: 1,920 low | high Med: 2,548 $ / sqft: $742 low | high Med: $394 On site: 119 low | high Med: 312.5 | |
Market Activity 90650
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Norwalk |
| Zip Code | 90650 |
| Area | M1 Norwalk |
| Listing VS Median (in 90650) | |
Price: $1,425,000 low | high Med: $999,000 sqft: 1,920 low | high Med: 2,548 $ / sqft: $742 low | high Med: $394 On site: 119 low | high Med: 312.5 | |