The median home value in Norwalk, CA is $650,000.
This is
lower than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Norwalk, CA is $650,000.
Approximately 62% of Norwalk homes are owned,
compared to 35% rented, while
3% are vacant.
Norwalk real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Norwalk real estate agent to arrange a tour today!
Learn more about Norwalk.
Quality Mixed Use Investment Opportunity - One 2700 sq. ft. Commercial Retail Building with 2 - 1350 sq. ft. units, a single-tenant Liquor Store, and single tenant Taco Fish Restaurant located in Norwalk, California. This property is currently leased to a local and experienced convenience store operator "Cheap Liquor Store", but for the past 10 years run by the owner of "Cheap Liquor Store" and has been operating ever since and serves the local neighborhood and community. This is an excellent opportunity for an investor looking to add value and capitalize on the growing commercial market. If vacant could accommodate nearly most commercial/industrial uses. The subject has adequate frontage, good ingress, and egress, adequate coverage ratio, and adequate parking capabilities. The subject property is within the M-1, Light Manufacturing zone, allowing commercial uses, and has a consistent land use designation. Close to the Santa Ana Freeway (I-5) and San Gabriel River Freeway (I-605) intersect at its northern edge, while the Century Freeway (I-105) intersects with the I-605 at the city's western edge. The Artesia Freeway (91) passes east/west just south of the city boundary. This Commercial Building is also perfect for the OWNER-USER to operate his or her business in the street front store and collects monthly rent from the other Tenant in the same building. The landlord's responsibility is limited to only taxes, insurance, and roof maintenance, a hassle-free investment, while the tenant's responsibility for all other expenses offers a predictable source of rental income. Don't miss out on this opportunity to acquire a stable and profitable asset for your portfolio. PLEASE DO NOT DISTURB CURRENT TENANTS. DRIVE BY and CALL LISTING AGENT.
DON'T PASS THIS UP! Mixed-use with three retail front stores and three residential units at the back. Residential units consist of one studio type dwelling, and two 1 bedroom units. Most of the tenants are been there for many years.
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