14505 Corby Avenue

Norwalk, CA
$ 1,050,000 Beds 4 Baths 4
Monthly Estimate* How much can I afford?

14505 Corby Avenue Apartments is one of two adjacent four-unit apartment buildings located on Corby Ave. in the City of Norwalk. The property offers all two bedroom one bath units. The property was acquired by the owner (a non-profit housing corporation) and has been an affordable rental complex with a rent-restriction covenant in place since acquisition. The owner received acquisition assistance from the city of Norwalk in the form of HOME funds. Upon the close of escrow, the city funds will be retuned and the rent restriction covenant will no longer be in place. This will allow a new owner to gradually raise the existing rents; and as the complex experiences turnover, bring the rents to full market. As a result the new owner may be able to obtain significant upside from the current rents and appreciation. The owner would prefer to sell both buildings simultaneously, however, will consider individual sales.

Pending

  • Price
  • $ 1,050,000
  • Lot Size
  • 5,663 SqFt
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • Year Built
  • 1962
  • Half Bathrooms
  • 0
  • City, Zip
  • Norwalk
  • County
  • LOS ANGELES
  • Style
  • Area
  • Norwalk
  • MLS#
  • PW21054836
  • Zip
  • 90650
Listing Provided by: Ralph Castaneda with Keystone Properties, Inc..
Data Source: CRMLS

Features

General

Carport Spaces 4
Carport Y/N Yes
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
MLS Area M1 - Norwalk
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Public Sewer
Terms Cash, Cash to New Loan
Total Actual Rent 4080
Total Units 4
Water Sewer Expense 2495
Zoning NOR3*

Interior Features

Common Walls 2+ Common Walls
Laundry Features Common Area

Exterior Features

Lot Features 26-30 Units/Acre
Lot Size Acres 0.13
Lot Size Area 5714
Lot Size Source Assessor
Lot Size Square Feet 5714
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 5
Number of Separate Gas Meters 5
Number of Separate Water Meters 1
Total Parking 4
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Beverly Hills, CA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/17/2021 Listed $1,050,000

Property vs Zip Code Average in 90650

Price
AVG $560K
$1.05M
Visits
AVG 81
20
Year Built
AVG 1957
1962
Walkscore
AVG 71
83
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

14505 Corby Avenue Norwalk, CA is a Single Family Home for sale at $1050000 and a lot size of 5,663 SqFt Acre(s). 14505 Corby Avenue Norwalk has 4 bedrooms, 4 baths and was built in 1962. The property's zip code is 90650 which is in Norwalk, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.