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Backup Offers

11972 Walnut St, Norwalk, CA, 90650

$1,350,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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11972 Walnut St, Norwalk$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAttached Carport, Garage
Garage3 spaces
Year Built1977
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
MLS #PW24089944
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 11972 Walnut St

Great INVESTMENT Opportunity! 4 UNIT Property in the High in Demand City of NORWALK! Nestled in a PRIME location this property is ONE of a KIND! Great CURB APPEAL w/attached 3 CAR GARAGE & GATED 5 additional CARPORTS! Each unit is two stories & offers 2Beds & 1.5Baths, each with own PRIAVTE PATIO! Step into the main level w/an OPEN FLOOR PLAN. Spacious living room w/access to your PRIVATE PATIO, Nicely sized breakfast nook & Kitchen, half bath & PRIVATE INDOOR LAUNDRY! Make your way upstairs an find 2 generously sized bedrooms each with a WALK-IN CLOSET and convenient hallway FULL BATH! Towards the rear of the property you have 5 CARPORT SPACES securely GATED, plus private community trash bin for residents. THIS IS A TRUE GEM & AMAZING INVESTMENT OPPORTUNITY. LIVE IN ONE AND RENT OUT THE REST & MORE! Current Rent is below market value - Upside Rental Potential $$$$ BONUS FEATURES: Two of the units have been RENOVATED - New Counter tops, New Refinished cabinets, Repainted interior throughout, New Vinyl flooring & New window shades. NEW Wrought Iron Gate in the rear of the property! Tons of extra parking available outside. Centrally located near shopping: Costco, Target, Walmart, parks, grocery stores, dining, entertainment, schools & easy 5/105/605 freeway commute! Don't miss this once in a lifetime opportunity! THIS ONE WILL NOT LAST!

Property Details

Property Features

Property Information:

  • Architectural Style: Patio Home
  • Year Built: 1977
  • Stories: 1

Listing Office:

  • Office Name: RE/MAX Diamond
  • Office Phone: (714) 917-9772
  • Listing Agent: Joseph Lee

Interior Features

Interior Information:

  • Interior: Open Floorplan, All Bedrooms Up, Walk-In Closet(s)
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Attached Carport, Garage

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Norwalk High School, Public District Grades 9-12
  • Nettie L. Waite Middle School, Public Magnet Grades 6-8

Other

Directions Information:

  • Directions: San Antonio Dr. / Rosecrans Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000

Tax Information:

  • Annual Amount: $6,652
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norwalk, CA.

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Norwalk, CA

City

Med. Sold Price

$700K

Med. Price/SqFt

$573

Avg. Days On Market

15

# of Sold Homes

36

11972 Walnut St vs Norwalk

27 DAYS ON ROCKET

+12 Days

$1,350,000

+$650K More

KEY TAKEAWAY

This property is $650K more than the Median Sold Price in Norwalk, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24089944

Listing Office:

  • Office Name: RE/MAX Diamond
  • Office Phone: (714) 917-9772
  • Listing Agent: Joseph Lee

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 2:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,652$459,350
2020$6,470$454,641
2019$6,176$445,727
2018$6,073$436,989
2017$6,073$428,421

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-5995640
3
/10

  • Nettie L. Waite Middle School

  • 14320 Norwalk Blvd

  • 0.42 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5995641
7
/10

  • Norwalk High School

  • 11356 Leffingwell Rd

  • 0.73 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,624. The most common annual income of people living in Norwalk, CA is less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Norwalk›90650›11972 Walnut St

This home is located at 11972 Walnut St in Norwalk, CA and zip code 90650 in the The Southeast neighborhood. This home, which was built in 1977, sits on a 0.16 acre lot. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $1,350,000.

In April 2024, from all listings sold in Norwalk, CA there were more than 18 sold above asking price, over 8 sold below and more than 10 were sold right at the asked price. The median list price of listings available in April 2024 was $700,000, while the average time on the real estate market was 15 days.

From Rocket Homes Real Estate and based on county public records data.

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