Fantastic Investment Opportunity in the Heart of Norwalk! This property features 4 separate units with a total of 8 bedrooms and 6 bathrooms, offering ample living space across 2,686 square feet. Each unit provides comfortable accommodations, ideal for tenants or extended family. Situated in a highly desirable neighborhood, residents will enjoy the convenience of being close to transportation, major freeways, schools, shopping centers, and dining options. The property offers plenty of parking for tenants and guests, adding to its appeal. Whether you’re looking for a great investment or a multi-family living situation, this property checks all the boxes. Don’t miss out on this incredible opportunity! CURRENTLY HAS VA FINANCING, ANOTHER VETERAN CAN ASSUME HER 4.99 RATE
Property Details
Property Features
Property Information:
Year Built: 1912
Stories: 2
Listing Office:
Office Name: The Ave
Office Phone: (562) 413-9399
Listing Agent: Joshua Glaz
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 2 spaces
Lot Features
Lot Information:
Lot: Back Yard, Corner Lot, Landscaped
Lot Size: 0.16 Acres
Other
Directions Information:
Directions: Rosecrans to norwalk blvd left on foster
Price Information
Listing Price Info
Price Summary:
List Price: $1,398,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Norwalk, CA.
This property is $663K 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: #DW24209114
Listing Office:
Office Name: The Ave
Office Phone: (562) 413-9399
Listing Agent: Joshua Glaz
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: 12/21/2024, 7:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,045
Per Month
Principal & Interest
$6,978
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,258
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Moffitt Elementary School
13323 Goller Ave
Distance between this listing and this school0.57 miles
Public District Grades KG-6
6
/10
Morrison Elementary School
13510 Maidstone Ave
Distance between this listing and this school0.64 miles
Public District Grades KG-6
3
/10
Edmondson Elementary School
15121 Grayland Ave
Distance between this listing and this school0.89 miles
Public District Grades KG-5
Nearby Schools
3
/10
Waite Middle School
14320 Norwalk Blvd
Distance between this listing and this school0.37 miles
Public District Grades 6-8
6
/10
Los Alisos STEM Magnet Middle School
14800 Jersey Ave
Distance between this listing and this school0.94 miles
Public District Grades 6-8
4
/10
Corvallis Middle School
11032 Leffingwell Rd
Distance between this listing and this school1.31 miles
Public District Grades 6-8
Nearby Schools
6
/10
Norwalk High School
11356 Leffingwell Rd
Distance between this listing and this school0.93 miles
Public District Grades 9-12
4
/10
John Glenn High School
13520 Shoemaker Ave
Distance between this listing and this school1.22 miles
Public District Grades 9-12
2
/10
Tracy (Wilbur) High (Continuation)
12222 Cuesta Dr
Distance between this listing and this school1.94 miles
The neighbors living near this home have an average income of $45,642. Most Norwalk, CA residents have annual incomes between $35k-100k. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.
This home is located at 12062 Foster Rd Unit 12064 in Norwalk, CA and zip code 90650 in the The Southeast neighborhood. This home, which was built in 1912, sits on a 0.16 acre lot. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $1,398,000.
In November 2024 more than 21 listings in Norwalk, CA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 11 were sold below. The inventory of homes for sale in Norwalk, CA between October 2024 and November 2024 decreased by 4.3%. Listings spent 28 days on the market in November 2024, and had a median list price of $735,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.