N/A
Bedrooms
Sold for $1,270,000 · Sep 2026
SOLDListed at $1,325,000
Norwalk, CA
MLS# CV26150056
Kristopher German
Listing Agent
RE/MAX 2000 REALTY
DRE #: 01800021
Brokerage: RE/MAX 2000 REALTY
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
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.
Earthquake data is shown from a real public source (USGS)
Loading hazard data...
1 recorded sale
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.
| Quarter | Closed sales in 90650 | Median sold price |
|---|---|---|
| Q1 2026 | 11 | $715,000 |
| Q2 2026 | 92 | $730,000 |
| Q3 2026 | 111 | $775,000 |
| Q4 2026 | 27 | $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
Closed sales reported in 90650, nearest first, last 12 months. All recent sales in Norwalk →
12155 Pine Street
Contact Kristopher German
Contact via Nalren messaging
Contact Listing Agent
RE/MAX 2000 REALTY
DRE #01800021
Contact information is not available for this listing.