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**OFFER DEADLINE TUESDAY 07/23 AT 5PM** Introducing an outstanding investment opportunity in prime Norwalk! This multifamily property boasts 13 units: 5 studios, 7 one-bedrooms, and 1 two-bedroom unit. Strategically located near the 605, 5, and 105 freeways, it offers seamless access to Los Angeles and Orange County's major employment hubs. With over 30% upside in rents, this asset presents a lucrative opportunity for growth. There is significant ADU expansion potential, and Buyers should verify possibilities with the city. With long-term ownership spanning over three decades, this property has proven its value and stability in one of Southern California's hottest rental markets. Act now to elevate your investment portfolio today!
Listing agent: Nicholas Petrosian DRE #01462598 npetrosian@remaxcir.com, Listing office: Remax Commercial and Investment Realty
MLS data updated 10/29/2026, 11:20:12 PM PT
Source: CRMLS, MLS #: 24408087
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 27, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,000,000Closed sale · Sep 27, 2024ZIP 90650 · Sep 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.