
Norwalk, California 90650
Analysis of 11944 Rosecrans Avenue, Norwalk, California 90650 is currently available with a list price of $1,538,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Norwalk Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1949, the property qualifies as excellent due to extensive recent renovations and 'turnkey' condition. Key systems have been fully modernized, including a newer roof, updated plumbing, and complete electrical rewiring with new panels. The interior features remodeled kitchens and bathrooms with newer flooring throughout, meeting the criteria for a comprehensive renovation with no immediate maintenance required.
The property has undergone extensive capital improvements including a newer roof, updated plumbing, full electrical rewiring, and remodeled interiors, significantly reducing immediate maintenance costs for a new owner.
A rare utility structure where tenants pay for electricity, gas, water, and trash minimizes landlord operating expenses and results in a higher-than-average net operating income for the area.
The corner lot configuration with side-street access and existing garage structures provides a clear path for ADU conversions, offering a strategic opportunity to increase density and rental revenue.
With only 1,920 total square feet for four units, the average unit size is approximately 480 square feet, which may limit the tenant profile to individuals or couples and cap the maximum achievable rent.
The list price reflects a premium valuation of over $800 per square foot, which is significantly higher than the Norwalk market average and may require aggressive rental growth to justify the investment.
Exceptional 4-Unit Investment Opportunity in a highly desirable residential area known for its strong and consistent rental demand. Proudly owned and meticulously maintained by the same owner for many years, this turnkey corner-lot fourplex offers the ideal combination of strong cash flow, low maintenance, and future upside potential. Extensively upgraded throughout, the property features a newer roof, updated plumbing, complete electrical rewiring with upgraded electrical panels and meters, dual-pane windows, remodeled kitchens, updated bathrooms, and newer flooring in all units. Pride of ownership is evident throughout this well-cared-for investment property. All four units are occupied and provide strong and stable income. Tenants pay their own electricity, gas, water, trash, and garage, significantly reducing operating expenses and resulting in an attractive net income compared to many similar multifamily properties. In addition, each unit includes its own one-car garage, providing additional rental value and tenant appeal. The property’s durable concrete and metal stairways further minimize maintenance concerns and contribute to long-term ownership efficiency. Situated on a desirable corner lot with convenient side-street access, the garage area offers excellent ADU conversion potential, creating an opportunity for additional rental income and future value enhancement. Ideally located near shopping centers, restaurants, schools, parks, public transportation, and major freeways, the property benefits from strong rental demand and excellent accessibility throughout Los Angeles and Orange County. The area’s continued demand for quality rental housing supports both long-term occupancy and future rental growth potential. Whether seeking immediate cash flow, low-maintenance ownership, or future income expansion opportunities, investors will appreciate that this rare four-unit Norwalk property qualifies for a wider range of residential financing options while delivering strong income potential on all fronts.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,920 | - |
| Lot Size | 5,363 | - |
| Price | $1.54M | $950.0K |
| Price per sq ft | $801 | $355 |
| Built year | 1949 | 0 |
| HOA | $0 | $0 |
| Days on market | 30 | 41 |
Jun 22, 2026
$1,538,000
Initial Listing