| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 44th | Fair |
| Amenities | 42nd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11208 Ferina St, Norwalk, CA, 90650, US |
| Region / Metro | Norwalk |
| Year of Construction | 1974 |
| Units | 60 |
| Transaction Date | 2022-01-28 |
| Transaction Price | $45,600,000 |
| Buyer | RAINTREE NORWALK LLC |
| Seller | AIR VILLA DEL SOL LP |
Prime Investment Opportunity in Growing Market
Discover exceptional rental potential and long-term appreciation in this strategically positioned property
This property is situated in an established residential area that has shown consistent development patterns over recent years. The neighborhood features a mix of housing types and demonstrates steady market activity. Local infrastructure continues to evolve, with ongoing improvements to transportation access and community amenities. The area attracts a diverse tenant base, contributing to rental market stability.
The surrounding area maintains community safety standards typical of established residential neighborhoods. Local authorities provide standard municipal services including regular patrol coverage. The neighborhood benefits from active community engagement and established resident networks that contribute to overall area stability.
The local employment landscape includes a diverse mix of businesses and service providers that support the regional economy. The area benefits from proximity to multiple employment centers, offering residents various commuting options. This employment diversity contributes to tenant stability and rental demand consistency throughout different economic cycles.
This property represents a compelling investment opportunity with multiple value drivers. The location offers strong rental demand fundamentals supported by local employment diversity and transportation accessibility. Market conditions suggest favorable long-term appreciation potential, while current rental rates indicate positive cash flow opportunities. The property's condition and positioning within the local market provide both immediate income potential and future value growth prospects for the strategic investor.