12155 Pine St Norwalk, CA 90650
Estimated payment $8,440/month
Highlights
- No HOA
- Block Wall Fence
- No Heating
- Cooling System Mounted To A Wall/Window
About This Home
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.
Listing Agent
RE/MAX 2000 REALTY Brokerage Phone: 909-645-0443 License #01800021 Listed on: 07/09/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7,084 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
- Density is up to 1 Unit/Acre
Home Design
- Apartment
- Entry on the 1st floor
- Flat Roof Shape
Interior Spaces
- 4,544 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Parking
- 4 Open Parking Spaces
- 8 Parking Spaces
- 4 Carport Spaces
- Parking Available
Outdoor Features
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
Listing and Financial Details
- Legal Lot and Block 8056 / 020
- Tax Tract Number 28
- Assessor Parcel Number 8056020028
- $8,056 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $600
- Insurance Expense $4,750
- Maintenance Expense $4,500
- Trash Expense $3,000
- Water Sewer Expense $4,150
- New Taxes Expense $15,779
- Operating Expense $33,679
- Gross Income $111,480
- Net Operating Income $74,456
Map
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 |
|---|---|---|---|---|
| 07/09/2026 07/09/26 | For Sale | $1,325,000 | -- | $292 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26150056
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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