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For sale
  • Listed by: RE/MAX 2000 REALTY • Kristopher German • Contact: 626-427-0786
    $1,325,000

    12155 Pine St, Norwalk, CA 90650

    --beds
    --baths
    4,544sqft
    : 
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    Multi Family
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $292/sqft
    $-- HOA

    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.
    9 days
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    100
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    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

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

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      Facts & features

      Interior

      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
      • Has view: Yes
      • View description: None
      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: $292/sqft
      • Date on market: 7/9/2026
      • Listing terms: Cash to New Loan
      • Total actual rent: 8980
      • Tenant pays: Electricity, Gas
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/10/2026Listed for sale$1,325,000$292/sqft
        Source: CRMLS #CV26150056 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 90650

        Getting around

        81 / 100
        Very Walkable
        41 / 100
        Some Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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