12007 Sycamore Street

Norwalk, CA 90650

$1,350,000
Price
1
Beds
6
Baths
3,000 Sq. Ft.
$450 / Sq. Ft.
3,000
Sq. Ft.
$450
per Sq. Ft.

Description

Prime investment opportunity in the heart of Norwalk! This six-unit property features six 1-bedroom/ 1-bathroom units, providing excellent rental income potential. Built in 1962, the property offers 3,000 square feet of living space situated on a 7,090 square foot lot, with onsite parking and low-maintenance landscaping. Residents enjoy proximity to local schools, eateries, and shopping at Norwalk Town Square.Prime investment opportunity in the heart of Norwalk! This six-unit property features six 1-bedroom/ 1-bathroom units, providing excellent rental income potential. Built in 1962, the property offers 3,000 square feet of living space situated on a 7,090 square foot lot, with onsite parking and low-maintenance landscaping. Residents enjoy proximity to local schools, eateries, and shopping at Norwalk Town Square.
  1. Listed by Jagmeet Singh • DRE #01886951 • Brokerage DRE #01411306 • Keller Williams Sierra Madre • 626-272-5941

Property Details for 12007 Sycamore Street

Parking Spaces Total
6
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3000
Assessor Parcel Number
8056-026-011
Property Attached YN
true
LISTING UPDATED: 10/30/2024 09:51 AM

Property Details for 12007 Sycamore Street

StatusActive
MLS #AR24198708
Days on Market64
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
CountyLos Angeles County

Building Information for 12007 Sycamore Street

Building/Complex12007 Sycamore StFloor-Stories1Residences-Pet Policy-Year Built1962Building Size-

Property Information for 12007 Sycamore Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $102,420
  • Gross Scheduled Income: $102,420
  • Net Operating Income: $67,531
Expense Details
  • Operating Expense: $31,817
  • New Taxes Expense: $15,902
  • Fuel Expense: $0
  • Pest Control Expense: $1,200
  • Electric Expense: $720
  • Insurance Expense: $4,595
  • Professional Management Expense: $0
  • Trash Expense: $1,190
  • Water Sewer Expense: $1,325
  • Total Expenses: $31,817
Tax / Assessment Info
  • Tax Block: 11
  • Tax Tract Number: 6764
  • Tax Census Tract: 5522.00
  • CFD/Mello-Roos Fee: $1,987
  • Tax Lot: 11
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $853
  • Unit Type Total Rent: $8,535
  • Unit Type Pro Forma: 10170
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 12007 Sycamore Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12007 Sycamore Street

Taxable ValueLand$645,248Additions$433,879Total$1,079,127
Tax Record2024$14,936 ($1,245 / month)
Home Facts
Total Finished SqFt3,000 SqFtAbove Grade Finished SqFt3,000 SqFtLot Size7,090 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningNOR3YYCountyLOS ANGELESAPN8056-026-011

Schools near 12007 Sycamore Street

This home is within Norwalk-La Mirada Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cesar Chavez Elementary School
PublicK to 5

Nettie L. Waite Middle School
Public6 to 8

Norwalk High School
Public9 to 12

El Camino High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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12007 Sycamore Street is a multi-family home for sale in Norwalk, CA 90650. This property was listed for sale on September 24, 2024 by Keller Williams Sierra Madre, it's currently listed at $1,350,000. It has been on the market for a total of 64 days and was last sold on August 17, 2018. This listing's school district is Norwalk-La Mirada Unified School District. Nearby schools include Cesar Chavez Elementary School, Nettie L. Waite Middle School and Norwalk High School. 12007 Sycamore Street is a 1-bed, 6-bath, 3,000 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Sierra Madre, Jagmeet Singh, DRE #01886951

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.