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Listed by: Kristopher German (626) 427-0786 DRE #01800021 | RE/MAX 2000 REALTY (626) 956-0188
$1,325,000
9 Beds
- 6 Baths
4,544sqft
12155 Pine St, Norwalk, CA 90650
$1,325,000
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Apartment
Built in 1963
$-- HOA
7,084 sqft lot
$292/sq.ft
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...
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1963
HOA Fees
-
Finished Area
4,544 sqft
Lot Size
7,084 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
CV26150056
MLS Status
Pending
Days on Market
45
Cumulative Days on Market
25
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