$980,000
SOLD FEB 26, 2025

12045 Walnut St Norwalk, CA 90650

5 Beds
2 Baths
2,628 Sq Ft
8,979 Sq Ft Lot

Recently Sold

$373 Per Sq Ft

2% Below List Price

88 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Wood Frame Window
  • Corner Lot
  • Neighborhood Views
  • Tile Countertops

About This Home

As of February 2025

Investors dream, two charming homes on one corner lot. 12045 Walnut is a two story with 2 bd, 1 ba and inside laundry, Newly painted exterior. 13824 Elaine is a one story with 3bd 1ba, new tile bath enclosure, natural hardwood floors, 2 car garage, new exterior paint. Located near Norwalk Town Square, entertainment, schools and close access to 5, 105 and 605 freeways. Great location! Dont miss this opportunity!

Last Agent to Sell the Property

Michelle Smith

Ed Moore Realty, Inc. Brokerage Email: Michelle4emr@verizon.net License #01931384 Listed on: 11/01/2024

Last Buyer's Agent

Stewart Chen

The Real Estate Group License #01816563

The Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,373

Year Built

  • Built in 1913

Lot Details

  • 8,979 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Wood Fence
  • Corner Lot
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Craftsman Architecture
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Lap Siding
  • Stucco

Interior Spaces

  • 2,628 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Tile Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, grounds care, gas, trash collection
  • Legal Lot and Block 12 / 7
  • Tax Tract Number 31524
  • Assessor Parcel Number 8056023023
  • $835 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $3,196
  • Water Sewer Expense $1,967
  • Operating Expense $5,163
  • Net Operating Income $50,037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,373

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 500000
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1967.00
  • Zoning: NOR3YY
  • Architectural Style: Craftsman
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8056023023
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters, Tile Counters
  • Stories: 2
  • Entry Location: South
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 372.91
  • Room Type: All Bedrooms Up, Living Room
  • Window Features: Wood Frames

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Lap Siding, Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Level with Street
  • Lot Size Sq Ft: 8979.00
  • Lot Size Acres: 0.2061

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Gas, Trash Collection

Multi Family

  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 3196.00
  • Lot Size Area: 8979.0000 Square Feet
  • Net Operating Income: 50037.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 5163.00
  • Rent Control: No
  • Total Expenses: 5163.00

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 5522.00
  • Tax Lot: 12
  • Tax Tract Number: 31524
  • TaxOtherAnnualAssessmentAmount: 835.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Jan 30, 2025
Sold by
Ercil & Bida B Ewing Irrevocable Trust and Hinds Toni
Bought by
John C Chen Revocable Living Trust and Chen
Seller's Agent
Michelle Smith
Ed Moore Realty, Inc.
Buyer's Agent
Stewart Chen
The Real Estate Group
List Price
$1,000,000
Sold Price
$980,000
Premium/Discount to List
-$20,000
-2%
Total Days on Market
88
Views
128
Current Estimated Value
$982,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,332
Avg. Annual Appreciation
0.96%

Purchase Details

Closed on
Jan 25, 2021
Sold by
Ewing Bida B and Hinds Toni Marie
Bought by
Ewing Bida B

Purchase Details

Closed on
Jan 20, 2021
Sold by
Ewing Bida B
Bought by
Hinds Toni Marie

Purchase Details

Closed on
Apr 2, 2020
Sold by
Ewing Bida B and Hinds Toni Marie
Bought by
Ewing Bida B and Hinds Toni Marie

Purchase Details

Closed on
May 26, 2010
Sold by
Ewing Bida B and Ewing Trust
Bought by
Ewing Bida B and Hinds Toni Marie
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $980,000 Fidelity National Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $980,000 -2.0% $373 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
11/01/2024 11/01/24 For Sale $1,000,000 -- $381 / 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
2024 $3,373 $211,254 $145,114 $66,140
2023 $3,273 $207,113 $142,269 $64,844
2022 $3,217 $203,053 $139,480 $63,573
2021 $3,160 $199,073 $136,746 $62,327
2020 $3,092 $197,032 $135,344 $61,688
2019 $3,076 $193,170 $132,691 $60,479
2018 $2,865 $189,384 $130,090 $59,294
2016 $2,721 $182,033 $125,040 $56,993
2015 $2,696 $179,299 $123,162 $56,137
2014 $2,539 $175,788 $120,750 $55,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24222983

California Regional Multiple Listing Service (CRMLS)

APN: 8056-023-023