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4-Unit Quadplex

14510 Pioneer Boulevard, Norwalk, CA 90650

For Sale
New
$1,050,000

All four residences have one bedroom, one bathroom, and a separate parking space.

Property Size2,184 SF
Days on Market6

Property Features for 14510 Pioneer Boulevard

General Information

Standard status Active
Size 2,184 SF
Total Parking Spaces 4
Property subtype Apartment

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Highway Access Yes

Building Details

Building Size 2,184 SF
Year Built 1958
Listing Agency: Circle Real Estate
Listed By: Adriana Munoz · License #01903923
Source: Archetyperealty
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 8 at 2:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Circle Real Estate

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Investment Insights

Based on property information with market context.

This Norwalk quadplex contains four residences, each configured with one bedroom and one bathroom. Each unit is paired with its own parking space, providing dedicated parking for all four households.

The property is near major freeways and shopping centers, with additional everyday amenities in the surrounding area.

Key Highlights

  • Four units, each with 1 bedroom and 1 bathroom
  • A separate parking space accompanies each unit
  • Norwalk location near major freeways and shopping centers

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,238
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,760 $784.8K
Cap Rate 7%
$560,543 $560.5K
Cap Rate 9%
$435,978 $436.0K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$59.0K $27.00/SF
− Vacancy
−$2.9K −$1.33/SF
EGI
$56.1K $25.67/SF
− OpEx
−$16.8K −$7.70/SF
NOI
$39.2K $17.97/SF
Area
Norwalk, CA
Vacancy
4.94%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,760
Cap Rate 7%
$560,543
Cap Rate 9%
$435,978

Alternative Uses

Best Use
Multifamily LT 5
$560.5K
$490.5K – $654.0K (±1% cap)
NOI $39,238 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$499.7K
$437.3K – $583.0K (±1% cap)
NOI $34,982 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$690.8K
$604.5K – $806.0K (±1% cap)
NOI $48,358 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,053
Businesses Nearby

Demographics for 90650, CA

102,891
Population
27,346
Households
3.8
Avg Household Size
37
Median Age
21%
College-Educated
77%
High-School Grad
9.9 sq mi
ZIP Area
10,393
Density / Sq Mi
$98,709
Median Household Income
$42,060
Median Earnings
$2,014
Median Rent
$616,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in Los Angeles County, CA

$451 Jul
$462 Aug
$475 Sep
$495 Oct

Properties on Market for Quadplexes in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All four residences have one bedroom, one bathroom, and a separate parking space.
Where is this quadplex located?
The property is located at 14510 Pioneer Boulevard Norwalk, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Four units, each with 1 bedroom and 1 bathroom; A separate parking space accompanies each unit; Norwalk location near major freeways and shopping centers
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