Multifamily

13431 Curtis And King Rd, Norwalk, CA 90650

$1,299,000

2

Number of Units

0

%
Cap Rate

1942

Year Built

Equestrian Property | 3 Parcels | Redevelopment Opportunity

We are pleased to present an Equestrian Property consisting of three parcel for a total of 19,438 SF of land in the City of Norwalk bordering with the Cities of Downey and Bellflower. This is an opportunity for an owner user to acquire a rare oversized horse property on a premium location containing a 3-bedroom / 2-bath house; a legal two floors second structure that consists of a conforming 1-bedroom / 1-bath unit plus a non conforming 1-bedroom / 1-bath; a third structure with the potential to be converted into an ADU; and space for four stables. There is potential for a developer to subdivided and redevelop a duplex plus ADU on the oversized front lot. Back two lots have the potential to be combined for a single house plus ADU accessible through an easement from the front lot, or Lot Line Adjustment Potential for a developer to create three separate lots of over 6,300 SF each for residential redevelopment.

Offering Memorandum
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