12749 Norwalk BlvdNorwalk, CA 90650

  • Office properties
  • 338 SF
For Sale
$229,950 View listing

Property Details for 12749 Norwalk Blvd

Year built
1962
Construction
WOOD
Lot size
0.87 AC
Property size (Sq ft)
338 SF
Zone code
NOCOPF-R31
Property type
Office properties
Property subtype
Office buildings
APN
8047-005-033
APU
8047005033

Description

This 685-square-foot office condo, located at 12749 Norwalk Blvd #204, Norwalk, CA 90650, is available for sale at $229,950 ($335.69/sq ft). The property, situated in a complex with approximately 15 other office buildings, is a perfect blend of creative and traditional office space. Built in 1962, the condo boasts a private restroom, two private offices, three workstations, and a reception area complete with storage cabinets. Recent upgrades include new blinds and lighting fixtures, as well as fresh paint. The unit is move-in ready, with an occupancy date of September 1, 2024. This is a fantastic opportunity to acquire a well-maintained, conveniently located office space in a thriving area of Norwalk, California. The property is being offered for sale by owner. Don't miss this chance to own your own office space. The address is easily accessible and offers ample parking. The suite is ideal for a small business or professional looking for a comfortable and functional workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $97,103
    6.5%
    $89,633
    7%
    $83,231
  • Comparable approach

    Method
    Valuation
    Relative Method
    $64,274
    Geo Method
    $64,274
  • Alternative Use

    Use
    Valuation
    Residential
    $111,145
    Hospitality
    $101,809
    Educational
    $84,704
    Medical
    $87,617
    Retail
    $131,761
12749 Norwalk Blvd, Norwalk, California

Location Insight

City
Norwalk
County
Los Angeles
State
California
Latitude
33.9144
Longitude
-118.073
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,408
$22,308
$55,774
$78,082
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