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Sold for $1,270,000 · Sep 2026

SOLD

Listed at $1,325,000

Sold

12155 Pine Street, Norwalk, CA 90650

Norwalk, CA

MLS# CV26150056

4,544 Sq Ft • Apartment
25 days on market

Listing Agent

Kristopher German

Listing Agent

RE/MAX 2000 REALTY

DRE #: 01800021

Brokerage: RE/MAX 2000 REALTY

Property Details

N/A

Bedrooms

N/A

Bathrooms

4,544 sqft

Square Feet

1963

Year Built

7,084 sqft

Lot Size

$279

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

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 both immediate returns and long-term growth.

Listing description from the September 2026 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Cooling
WallWindowUnits
Heating
None

Sale history for 12155 Pine Street

1 recorded sale

$1,270,000
Sold September 2026 · listed $1,325,000, on market July 2026, 25 days on market · MLS #CV26150056 · Source: CRMLS
Listing Agent: Kristopher German · Listing Office: RE/MAX 2000 REALTY · Contact: 909-645-0443 · Bought with: Kristopher German · RE/MAX 2000 REALTY

How this sale compares

12155 Pine Street sold for $1,270,000 in September 2026, 4.2% under its $1,325,000 list price, after 25 days on the market. Across 241 closed sales in 90650 over the last 12 months, the median sold price is $760,000 and the median is $613 per square foot.

$613
90650 median per sq ft (12 mo)
$760,000
90650 median sold price (12 mo)
241
Closed sales in 90650 (12 mo)
25
Days on market
−4.2%
Sold vs. list price
QuarterClosed sales in 90650Median sold price
Q1 202611$715,000
Q2 202692$730,000
Q3 2026111$775,000
Q4 202627$761,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Norwalk · Homes for sale in 90650

Recent sales near 12155 Pine Street

Closed sales reported in 90650, nearest first, last 12 months. All recent sales in Norwalk →

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