NOT LISTED FOR SALE

12162 Pine St Norwalk, CA 90650

Estimated Value: $1,271,000 - $1,624,000

9 Beds
8 Baths
3,757 Sq Ft
$392/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $925,000 $246 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,772/month

59 Days on Market

Highlights

  • Gated Community
  • No HOA
  • Laundry Room
  • Modern Architecture
  • Cooling Available
  • Ceiling Fan

About This Home

As of January 2017

This home is located at 12162 Pine St, Norwalk, CA 90650 since 14 October 2016 and is currently estimated at $1,471,333, approximately $391 per square foot. This property was built in 1988. 12162 Pine St is a home located in Los Angeles County with nearby schools including Cesar Chavez Elementary School, Nettie L. Waite Middle School, and Norwalk High School.

Last Agent to Sell the Property

Oscar Rodriguez

Proactive Realty Investments License #01735244 Listed on: 10/14/2016

Last Buyer's Agent

Mark Perez

Circle Real Estate License #01279393

Circle Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 6,528 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Modern Architecture
  • Quadruplex
  • Clay Roof
  • Copper Plumbing

Interior Spaces

  • 3,757 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Window Screens

Kitchen

  • Gas Cooktop
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Wall Furnace
  • Standard Electricity
  • Natural Gas Connected
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 6764
  • Tax Tract Number 5522
  • Assessor Parcel Number 8056024006

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $550
  • Insurance Expense $3,000
  • Professional Management Expense $2,832
  • Trash Expense $936
  • Water Sewer Expense $4,080
  • New Taxes Expense $11,551
  • Operating Expense $21,599
  • Gross Income $6,010
  • Net Operating Income $50,484

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Professional Management Expense: 2832.00
  • Property Attached: Yes
  • Security: Gated Community
  • Water Sewer Expenses: 4080.00
  • Zoning: NOR3YY
  • Architectural Style: Modern
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8056024006
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Formica Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 246.21
  • Window Features: Blinds, Drapes, Screens

Exterior Features

  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Clay

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Water Heater Central
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 936.00
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6528.00

Rental Info

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

Multi Family

  • Electric Expense: 550.00
  • Gross Income: 6010.00
  • Gross Operating Income: 6010.00
  • Gross Scheduled Income: 72120.00
  • Insurance Expense: 3000.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 100.00
  • Maintenance Percent: 15.00
  • Net Operating Income: 50484.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 21636.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 6010.00
  • Total Expenses: 21599.00

Tax Info

  • New Taxes Expense: 11551.00
  • Tax Census Tract: 5522.00
  • Tax Lot: 6764
  • Tax Tract Number: 5522

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 9, 2016
Sold by
Candan Ahmet
Bought by
Morales Roberto P and Morales Lucrecia
Seller's Agent
Oscar Rodriguez
Proactive Realty Investments
Buyer's Agent
Mark Perez
Circle Real Estate
List Price
$899,000
Sold Price
$925,000
Premium/Discount to List
$26,000
2.89%
Current Estimated Value
$1,471,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,333
Avg. Annual Appreciation
5.31%
Original Mortgage
$571,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2016
Sold by
Candan Salih
Bought by
Candan Ahmet and Salih Candan Family Trust

Purchase Details

Closed on
Sep 12, 2006
Sold by
Fuch Richard L and Tatouka Revocable Trust
Bought by
Candan Salih

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Fuchs Richard L
Bought by
Fuchs Richard L and The Tatouka Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2003
Sold by
Grisham Randall W and Grisham Evelia
Bought by
Fuchs Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Morales Roberto P $925,000 First American Title Company
Candan Ahmet -- None Available
Candan Salih -- --
Fuchs Richard L -- --
Fuchs Richard L $650,000 Fidelity Long Beach
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Roberto P $571,000
Previous Owner Candan Salih $604,000
Previous Owner Fuchs Richard L $472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2017 01/31/17 Sold $925,000 +2.9% $246 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
12/09/2016 12/09/16 For Sale $899,000 0.0% $239 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $899,000 -- $239 / 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 $13,851 $1,073,535 $696,348 $377,187
2024 $13,851 $1,052,487 $682,695 $369,792
2023 $13,374 $1,031,851 $669,309 $362,542
2022 $13,143 $1,011,620 $656,186 $355,434
2021 $12,953 $991,785 $643,320 $348,465
2020 $12,635 $982,616 $636,724 $345,892
2019 $12,581 $963,370 $624,240 $339,130
2018 $12,169 $944,500 $612,000 $332,500
2016 $10,400 $800,000 $250,000 $550,000
2015 $11,551 $892,000 $300,000 $592,000
2014 $9,274 $744,000 $200,000 $544,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16729353

California Regional Multiple Listing Service (CRMLS)

APN: 8056-024-006