NOT LISTED FOR SALE

12118 Pine St Norwalk, CA 90650

Estimated Value: $1,321,000 - $1,578,000

10 Beds
4 Baths
3,767 Sq Ft
$384/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $1,280,000 $340 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,322/month

34 Days on Market

Highlights

  • Dual Staircase
  • No HOA
  • Living Room
  • Traditional Architecture
  • Tile Countertops
  • Park

About This Home

As of September 2021

Great Opportunity!!Quadruplex close to everything. Centralized area close o freeway, market, restaurants. This property has 2units with 3bedroom and 2 bathrooms and 2 units with 2 bedrooms 2 bathroom. There are 4 two car garages and plenty of parking space, each unit has their own gas heater, gas, and electric meters. Drive by the area great opportunity please do not disturb the tenants

Last Agent to Sell the Property

Araceli Torres

First Team Real Estate - Cerritos License #01302281 Listed on: 07/07/2021

First Team Real Estate - Cerritos

Last Buyer's Agent

Connie Meeks

COLDWELL BANKER REALTY License #01961616

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,219

Year Built

  • Built in 1987

Lot Details

  • 6,973 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Quadruplex
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Combination Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Asphalt Roof
  • Pre-Cast Concrete Construction
  • Asphalt
  • Plaster
  • Stucco

Interior Spaces

  • 3,767 Sq Ft Home
  • 1-Story Property
  • Dual Staircase
  • Brick Wall or Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Window Screens
  • Living Room

Kitchen

  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Tile Countertops
  • Laminate Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 4 / 7
  • Tax Tract Number 31524
  • Assessor Parcel Number 8056023015

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Park

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $80
  • Trash Expense $50
  • Water Sewer Expense $160
  • Operating Expense $290
  • Gross Income $61,920
  • Net Operating Income $5,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,219

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 160.00
  • Zoning: NOR3YY
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8056023015
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases, Block Walls, Brick Walls, Ceiling Fan(s), Laminate Counters, Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 339.79
  • Room Type: Kitchen, Living Room
  • Window Features: Drapes, Screens

Exterior Features

  • Foundation: Combination
  • Fence: No
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Asphalt, Brick, Concrete, Drywall Walls, Plaster, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: 6 Burner Stove, Gas Oven, Gas Cooktop, Gas Water Heater, Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6973.00
  • Lot Size Acres: 0.1601

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 61920.00
  • Gross Scheduled Income: 5450.00
  • Insurance Expense: 80.00
  • Lot Size Area: 6973.0000 Square Feet
  • Net Operating Income: 5160.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 290.00
  • Rent Control: No
  • Total Actual Rent: 5450.00
  • Total Expenses: 290.00

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 5522.00
  • Tax Lot: 4
  • Tax Tract Number: 31524

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 11, 2021
Sold by
Diaz Fausto D and Diaz Deysi M
Bought by
Bell Court Properties Llc
Seller's Agent
Araceli Torres
First Team Real Estate - Cerritos
Buyer's Agent
Connie Meeks
COLDWELL BANKER REALTY
List Price
$1,399,999
Sold Price
$1,280,000
Premium/Discount to List
-$119,999
-8.57%
Current Estimated Value
$1,447,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,384
Avg. Annual Appreciation
3.32%

Purchase Details

Closed on
Oct 29, 2007
Sold by
Diaz Fausto Daniel and Diaz Deysi Mercedes
Bought by
Diaz Fausto D and Diaz Deysi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2004
Sold by
The D & D Family Trust
Bought by
Diaz Fausto D and Diaz Deysi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 19, 2000
Sold by
Diaz Fausto D and Diaz Deysi M
Bought by
Diaz Fausto D and Diaz Deysi M

Purchase Details

Closed on
Jul 22, 1999
Sold by
World Svgs Bank Fsb
Bought by
Diaz Fausto D and Diaz Deysi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 10, 1998
Sold by
Basa Virgilio D and Basa Melita M
Bought by
World S & L Assn
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Bell Court Properties Llc $1,280,000 Fidelity Natl Ttl Co Long Be
Diaz Fausto D -- Gateway Title Company
Diaz Fausto Daniel -- Gateway Title Company
Diaz Fausto D -- North American Title Co
Diaz Fausto D -- --
Diaz Fausto D $240,000 Southland Title
World S & L Assn $242,550 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Fausto D $390,000
Previous Owner Diaz Fausto Daniel $420,000
Previous Owner Diaz Fausto D $250,000
Previous Owner Diaz Fausto D $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $1,280,000 -1.5% $340 / Sq Ft
07/15/2021 07/15/21 Price Changed $1,299,999 -7.1% $345 / Sq Ft
07/07/2021 07/07/21 For Sale $1,399,999 -- $372 / 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 $17,219 $1,358,346 $811,824 $546,522
2024 $17,219 $1,331,712 $795,906 $535,806
2023 $16,619 $1,305,600 $780,300 $525,300
2022 $16,332 $1,280,000 $765,000 $515,000
2021 $5,236 $340,767 $99,386 $241,381
2020 $5,123 $337,273 $98,367 $238,906
2019 $5,096 $330,661 $96,439 $234,222
2018 $4,838 $324,179 $94,549 $229,630
2016 $4,605 $311,593 $90,879 $220,714
2015 $4,562 $306,913 $89,514 $217,399
2014 $4,292 $300,902 $87,761 $213,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21147551

California Regional Multiple Listing Service (CRMLS)

APN: 8056-023-015