Property profile

15627 Belshire Ave Norwalk, CA 90650

OFF-MARKET
Other apartment buildings
Property ID
US09-7368283
6,933 SF 0.36 ac lot Built 1987
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Constructed in 1987, this Norwalk, California apartment building is located on a rectangular 15,750-square-foot lot near freeway access and local amenities. The building contains 6,933 square feet and features nine 2-bedroom, 1-bath units. Each unit includes a two-car garage with washer and dryer hookups, and there are two open guest parking spaces on-site. Units are individually metered for gas and electricity, and property access is secured. Recent improvements include interior/exterior paint and landscaping updates. The property is zoned NOR4*, and it is subject to AB-1482 with no local rent control noted.

Property profile

Verified
Property type Other apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1987
Construction WOOD
Total area 6,933 SF
Lot 0.36 ac (15,750 SF)
Zoning code NOR4*
APN 8082-020-023
UPID US09-7368283

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15627 Belshire Ave Norwalk, CA 90650-6782
Norwalk metro Census 552602 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.71M
Comparable Approach Comparable
$2.33M
Blend (final) Blend
$2.29M

Owner & transaction history

since 2025
Last sale
$2.6M
5 recorded transactions
2025
$2.6M
2025
$2.2M
2007
$1.0M
1988
$820,000
1969
Price N/A

Zoning & alternative use

NOR4* · Norwalk, CA
Top alternative use upside
Office building $3.2M +67.6%
Auto repair, garage $3.2M +66.7%
Medical building $3.2M +63.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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