NOT LISTED FOR SALE

12002 Sproul St Norwalk, CA 90650

Estimated Value: $952,000 - $1,042,000

5 Beds
3 Baths
1,934 Sq Ft
$517/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $850,000 $440 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,340/month

47 Days on Market

Highlights

  • Corner Lot
  • 1 Car Garage
  • 1-Story Property
  • No HOA

About This Home

As of February 2022

Remarkable Norwalk 3-unit property, a rare find you wouldn’t want to miss.  This property offers tremendous rental upside potential and now available for sale. First unit is 3 bedrooms and 1 bathroom and the other units are 1 bedroom 1 bathroom. All units are currently rented, however it’s possible that one unit may be delivered vacant at close of escrow. Current renters are all excellent long term tenants and always pay on time.  This property offers convenience to shopping, schools, and freeways. Please Do Not Disturb Tenants.

Last Agent to Sell the Property

Jorge Sanchez

Nest Real Estate License #01722011 Listed on: 11/24/2021

Nest Real Estate

Co-Listed By

Patricia Meraz

eXp Realty of Southern California License #02031078

Last Buyer's Agent

Gavin Plotkin

VISMAR REAL ESTATE License #02020647

VISMAR REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,507

Year Built

  • Built in 1923

Lot Details

  • 7,001 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Driveway

Home Design

  • Triplex

Interior Spaces

  • 1,934 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 151
  • Tax Tract Number 5348
  • Assessor Parcel Number 8048026007
  • $855 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,507

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 283333
  • Property Attached: Yes
  • Zoning: NOR3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8048026007
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 439.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7001.00
  • Lot Size Acres: 0.1607

Multi Family

  • Lot Size Area: 7001.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5522.00
  • Tax Lot: 151
  • Tax Tract Number: 5348
  • TaxOtherAnnualAssessmentAmount: 855.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 13, 2022
Sold by
Rodriguez Bautista Family Living Trust
Bought by
Kang James Lee and Kang Carolyn Phanny
Seller's Agent
Jorge Sanchez
Nest Real Estate
Buyer's Agent
Gavin Plotkin
VISMAR REAL ESTATE
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$982,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,839
Avg. Annual Appreciation
3.95%
Original Mortgage
$637,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2021
Sold by
Rodriguez Roberto Leonardo and De Guadalupe Bautista
Bought by
Rodriguez Roberto Leonardo and De Guadalupe Bautista

Purchase Details

Listed on
Jan 16, 2013
Closed on
Jan 28, 2013
Sold by
Terry Ruth
Bought by
Rodriguez Roberto and Rodriguez Guadalupe
Seller's Agent
John Gomez
Action Real Estate
Buyer's Agent
Gabriela Ruiz
Excellence RE Real Estate
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$318,750
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Johnson Helen R
Bought by
Johnson Helen R and Terry Ruth

Purchase Details

Closed on
Sep 12, 2000
Sold by
Salvador & Pascuala Flores Revocable Tr
Bought by
Johnson Helen R

Purchase Details

Closed on
Aug 31, 1996
Sold by
Flores Salvador and Flores Pascuala
Bought by
The Salvador & Pascuala Flores Revocable
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kang James Lee $850,000 Ticor Title
Rodriguez Roberto Leonardo -- None Available
Rodriguez Roberto $425,000 Fidelity National Title Co
Johnson Helen R -- None Available
Johnson Helen R $197,000 --
The Salvador & Pascuala Flores Revocable -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kang James Lee $637,500
Previous Owner Rodriguez Roberto $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $850,000 0.0% $440 / Sq Ft
11/24/2021 11/24/21 For Sale $850,000 +100.0% $440 / Sq Ft
02/28/2013 02/28/13 Sold $425,000 0.0% $220 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $425,000 +1.7% $220 / Sq Ft
12/01/2012 12/01/12 Sold $418,000 -1.6% $216 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
07/22/2012 07/22/12 For Sale $425,000 -- $220 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,507 $902,026 $631,418 $270,608
2024 $11,507 $884,340 $619,038 $265,302
2023 $11,107 $867,000 $606,900 $260,100
2022 $6,704 $493,164 $261,086 $232,078
2021 $6,606 $483,495 $255,967 $227,528
2020 $6,450 $478,538 $253,343 $225,195
2019 $6,421 $469,156 $248,376 $220,780
2018 $6,137 $459,957 $243,506 $216,451
2016 $5,881 $442,098 $234,051 $208,047
2015 $5,829 $435,458 $230,536 $204,922
2014 $5,437 $426,929 $226,021 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21254704

California Regional Multiple Listing Service (CRMLS)

APN: 8048-026-007