Pending

12155 Pine Street

Norwalk, CA 90650
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Bed 9

Bed

Bath 6

Bath

SqFt7,084

Sqft(Lot)

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 t hat 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,325,000

AD Id : 89044555

MLS Id : CV26150056

Beds : 9

Lot Size : 7,084 Sqft

Year Built : 1963

County : Los Angeles

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Feature Features

  • Interior Features

    Roof: Flat
    Laundry Features: CommonArea
  • Heating & Cooling

    Heating: None Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1963
    Building Area Total: 4544
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 7084 Lot Size Acres: 0.1626 Lot Size Source: Assessor Lot Size Square Feet: 7,084 Lot Description: ZeroToOneUnitAcre

  • Listing Price Information

    Listing Price: $1325000
    CashToNewLoan

  • Tax Information

    Parcel Number: 8056020028 Tax Lot: 8056 Tax Block: 020

  • Utility Information

    ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
  • Location Information

    Direction: North of Rosecrans Ave. East of Pioneer Blvd. WaterSource: Public
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ByOwner last updated this listing 08/17/2026 @ 01:24

MLS: CV26150056 LISTED BY: Kristopher German, RE/MAX 2000 REALTY 626-956-0188 SOURCE: CRMLS

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