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Sold for $1,270,000
  • Listed by: RE/MAX 2000 REALTY • Kristopher German • Contact: 909-645-0443
    Bought with: RE/MAX 2000 REALTY
    $1,270,000

    12155 Pine St, Norwalk, CA 90650

    9beds
    6baths
    4,544sqft
    Multi Family
    Built in 1963
    -- sqft lot
    $1,269,400 Zestimate®
    $279/sqft
    $2,943 Estimated rent

    Home value

    $1,269,400

    $1.16M - $1.40M

    $2,943/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

    Bought with:

    Kristopher German, DRE #01800021

    RE/MAX 2000 REALTY

    Source: CRMLS,MLS#: CV26150056MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Heating
    • None
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,544
    • Total interior livable area: 4,544 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport
    • Carport spaces: 4
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 2
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 7,084 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 8056020028
    • Zoning: NOR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Gutter(s), Sidewalks
    Location
    • Region: Norwalk

    Financial & listing details

    • Price per square foot: $279/sqft
    • Date on market: 7/9/2026
    • Cumulative days on market: 25 days
    • Listing terms: Cash to New Loan
    • Total actual rent: 8980
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/15/2026Sold$1,270,000-4.2%$279/sqft
    Source: CRMLS #CV26150056 Report a problem
    8/3/2026Pending sale$1,325,000$292/sqft
    Source: CRMLS #CV26150056 Report a problem
    7/10/2026Listed for sale$1,325,000$292/sqft
    Source: CRMLS #CV26150056 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 90650

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,269,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,269,400