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$1,270,000
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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 both immediate returns and long-term growth.
Full Property Details
Full Property Details for 12155 Pine St
General
- Sold For: $1,270,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV26150056
- Added to Site: 95 day(s) ago
Interior
- Fireplace(s): None
- Appliances: None
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Carport
- Parking: Carport
Location
- Area: M1 - Norwalk
- County: Los Angeles
- Development Name: M1 - Norwalk
- Driving Directions: North of Rosecrans Ave. East of Pioneer Blvd.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 7
- # Electric Meters: 7
Structural Information
- Roof: Flat
- Entry Location: 2
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,544
- Year Built: 1963
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.1626
- Lot Size Source: Assessor
- Zoning: NOR3*
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $279.49
- Price Per Unit: 220833
Listed and Sold by Re/Max 2000 Realty, Kristopher German
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Schools
Schools serving 12155 Pine St
School District:Norwalk-la Mirada Unified School District
| Name | Grades | Distance |
|---|---|---|
Thomas B. Moffitt Elementary School 13323 Goller Avenue, Norwalk, CA 90650 | K-5 | 0.5 mi |
Nettie L. Waite Middle School 14320 Norwalk Boulevard, Norwalk, CA 90650 | 6-8 | 0.5 mi |
Norwalk High School 11356 Leffingwell Road, Norwalk, CA 90650 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12155 Pine St
Date
Details
Price
Change
Source
9/15/2026
Sold
$1,270,000
-4.15%
MLS
7/09/2026
Listed
$1,325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12155 Pine Street, Norwalk, CA 90650 (MLS# CV26150056) is a Multi-Family property that was sold at $1,270,000 on September 15, 2026. Want to learn more about 12155 Pine Street? Do you have questions about finding other Multi-Family real estate for sale in Norwalk? You can browse all Norwalk real estate or contact a Coldwell Banker agent to request more information.

