12155 Pine Street, Norwalk, CA 90650
Local realty services provided by:CENTURY 21 Masters
12155 Pine Street,Norwalk, CA 90650
$1,270,000
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: kristopher german
Office: re/max 2000 realty
MLS#:CV26150056
Source:San Diego MLS via CRMLS
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Price summary
- Price:$1,270,000
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....
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Home facts
- Listing ID #:CV26150056
- Added:67 day(s) ago
- Updated:September 16, 2026 at 04:35 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$1,270,000
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