12155 Pine Street, Norwalk, CA, 90650

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12155 Pine Street
Norwalk, CA 90650

Apartment|Sold
0
Beds
0
Total Baths
4,544
SqFt
1963
Built
County:
Los Angeles
Listed by Kristopher German of RE/MAX 2000 REALTY kris@theapartmentdealer.com
Bought with Kristopher German of RE/MAX 2000 REALTY (626) 956-0188
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
12155 Pine Street12155 Pine Street12155 Pine Street12155 Pine Street
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Just Listed! Outstanding opportunity to acquire a 6-Unit multi-family investment in a prime Norwalk location, offered at $1,325,000...only $220,000 per unit, and $291 per square foot. This attractive price point, combined with a 5.62% CAP Rate and 11.89 GRM, provides investors with strong day-one income and exceptional long-term value. The property features a desirable unit mix consisting of three 2-Bedroom/1-Bath units and three 1-Bedroom/1-Bath units, supporting consistent occupancy. With 30+% upside in rental income, investors have a clear opportunity to significantly increase cash-flow through strategic rental adjustments. Residents enjoy gated entryways, abundant onsite parking with four carport spaces and four open parking spaces, and a coin-operated laundry facility, amenities that enhance tenant convenience and retention. Separate electric and gas meters simplify property management while reducing owner-paid utility exposure. Conveniently located near highly rated schools, shopping, public transportation, and major commuter routes, this well-positioned asset is situated in one of Norwalk's strongest rental corridors. Offering excellent in-place cash flow, significant rental upside, and an attractive price per unit, this is a compelling opportunity for investors seeking both immediate returns and long-term growth.

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Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
4,544 sqft
Lot Size 
0.1626 Acres
Year Built 
1963
MLS® Number 
CV26150056
Status 
Sold
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
General Features
Acres 
0.1626
Carport 
4
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
Carport
Parking Spaces 
8
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4544
Utilities 
Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
NOR3*
Interior Features
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Laundry Features 
Common Area
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Exterior Features
Fencing 
Block
Pool Features 
None
Roof 
Flat
Spa Features 
None
View 
None
Waterview 
None
Community Features
Community Features 
Sidewalks
MLS Area 
M1 - Norwalk
Building Access 
2
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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