12155 Pine ST, Norwalk, CA 90650
12155 Pine ST, Norwalk, CA 90650
12155 Pine ST, Norwalk, CA 90650
6
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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7,084 Sqft Lot

12155 Pine ST Norwalk, CA 90650

Est. payment /mo
SOLD DATE : 09/15/2026

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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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