NOT LISTED FOR SALE

12044 Walnut St Norwalk, CA 90650

Norwalk Area
8 Beds
8 Baths
1 Sq Ft
6,732 Sq Ft Lot

Sale Details

Date Sold: April 14, 2017

Last sale price $999,000 $999,000 Per Sq Ft

69 Days on Market

About This Home

As of April 2017

LOTS OF UPGRADED, 5 UNIT SECURITY BUILDING, 3/ 2 STORY TOWNHOUSE STYLE 2 BEDROOM AND 1.5 BATH, NEWER KITCHEN WITH GRANITE COUNTER TOP AND LAMINATED FLOORING, 2/1 BEDROOM AND 1 BATH CONDO STYLES, NEW PAINT OUTSIDE AND PARTIALLY PAINTING INSIDE

Last Agent to Sell the Property

Helen Yi

Helen Yi, Broker License #01243296 Listed on: 12/22/2016

Last Buyer's Agent

Helen Yi

Helen Yi, Broker License #01243296 Listed on: 12/22/2016

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,732 Sq Ft Lot
  • No Common Walls

Home Design

  • 1 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 5522
  • Assessor Parcel Number 8056026014

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Insurance Expense $800
  • Professional Management Expense $2,400
  • Trash Expense $1,248
  • Water Sewer Expense $1,800
  • New Taxes Expense $12,000
  • Operating Expense $19,568
  • Gross Income $76,960
  • Net Operating Income $66,232

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

6,732 Sq Ft Lot

Listing Details

  • Professional Management Expense: 2400.00
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: NOR3YY
  • Property Type: Residential Income
  • Parcel Number: 8056026014
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 1248.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6732.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 720.00
  • Gross Income: 76960.00
  • Gross Scheduled Income: 85800.00
  • Insurance Expense: 800.00
  • Net Operating Income: 66232.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 19568.00
  • Rent Control: No
  • Total Actual Rent: 6190.00
  • Total Expenses: 19568.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Census Tract: 5522.00
  • Tax Lot: 2
  • Tax Tract Number: 5522

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 20, 2012
Closed on
Mar 8, 2012
Sold by
Bought by
Seller's Agent
Deborah Pressley
T.N.G. Real Estate Consultants
Buyer's Agent
Jae Chang
Jae Chang, Broker
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%

Purchase Details

Listed on
Feb 20, 2012
Closed on
Mar 6, 2012
Sold by
Bought by
Seller's Agent
Deborah Pressley
T.N.G. Real Estate Consultants
Buyer's Agent
Jae Chang
Jae Chang, Broker
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%

Purchase Details

Closed on
Apr 15, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 1995
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$999,000 Title 365
-- Chicago Title Company
$635,006 Chicago Title
$230,000 California Counties Title Co
$225,000 California Counties Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $900,000
Closed $845,000
Previous Owner $645,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2017 04/14/17 Sold $999,000 0.0% $999,000 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
03/01/2017 03/01/17 Off Market $999,000 -- --
01/03/2017 01/03/17 Pending -- -- --
12/22/2016 12/22/16 For Sale $999,000 +57.3% $999,000 / Sq Ft
03/21/2012 03/21/12 Sold $635,000 -2.3% $135 / Sq Ft View Prior Sale
03/20/2012 03/20/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $650,000 -- $138 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,220 $1,159,418 $696,348 $463,070
2024 $15,674 $1,136,686 $682,695 $453,991
2023 $15,158 $1,114,399 $669,309 $445,090
2022 $14,906 $1,092,549 $656,186 $436,363
2021 $14,693 $1,071,127 $643,320 $427,807
2019 $14,290 $1,040,259 $624,240 $416,019
2018 $13,831 $1,019,880 $612,000 $407,880
2016 $9,600 $673,759 $355,448 $318,311
2015 $9,516 $663,639 $350,109 $313,530
2014 $8,914 $650,640 $343,251 $307,389
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16766939

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.