12155 Pine ST, Norwalk, CA 90650
12155 Pine ST, Norwalk, CA 90650
12155 Pine ST, Norwalk, CA 90650
12155 Pine ST, Norwalk, CA 90650
12155 Pine ST, Norwalk, CA 90650
12155 Pine ST, Norwalk, CA 90650
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Listed by Kristopher German, DRE #01800021 • RE/MAX 2000 REALTY
Bought with Kristopher German

$1,270,000

$1,325,000

4.2%
Est.Price: ?

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Est. payment /mo

7,084 Sqft Lot


SOLD DATE : 09/15/2026

Key Details

Sold Price $1,270,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRCV26150056

Sold Date 09/15/26

Year Built 1963

Lot Size 7,084 Sqft

Source California Regional MLS

Property Description

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

Location

State CA

County Los Angeles

Area M1 - Norwalk

Rooms

Kitchen None

Interior

Heating No Heating

Cooling Window / Wall Unit

Laundry Laundry Area

Exterior

Parking Features Carport

Garage Spaces 8.0

Pool 31, None

View None

Roof Type Flat / Low Pitch

Building

Water District - Public

Others

Tax ID 8056020028

Special Listing Condition Not Applicable

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