Six-Unit Apartment
For Sale
$1,325,000
12155 Pine Street, Norwalk, CA 90650
Apartment property with mixed one- and two-bedroom floor plans, gated access, parking, laundry, and separately metered utilities.
Property SizeContact for details
Days on Market58
Property Features for 12155 Pine Street
General Information
Standard status
Active
Total Parking Spaces
8
Property subtype
Apartment
Financials
Asking Price
$1,325,000
Cap Rate
5.62%
Gross Rent Multiplier
11.89
Units
Unit Mix
3 x 2BR/1BA, 3 x 1BR/1BA
Multifamily Units
6
Additional Details
Public Transit
Yes
Amenities
gated entryways
coin-operated laundry facility
Wall/Window Unit(s)
Electricity Available, Natural Gas Available, Sewer Available, Water Available, Flat
Building Details
Year Built
1963
Stories
2
Listing Agency:
RE/MAX 2000 REALTY
Listed By:
Kristopher German · License #01800021
(909) 645-0443
Source:
Kw
Added: Jul 10
Changed: Sep 5
Last Checked: Sep 5 at 3:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 2000 REALTY
Investment Insights
Based on property information with market context.
This 1963 apartment property contains six residential units arranged as three two-bedroom, one-bath residences and three one-bedroom, one-bath residences. Interior cooling is provided by wall/window units. The site also includes a coin-operated laundry facility, gated entryways, four carport spaces, and four open parking spaces. Separate electric and gas meters serve the units, while water, sewer, electricity, and natural gas are available at the property.
Located at 12155 Pine Street in Norwalk, California, the property is near schools, shopping, public transportation, and major commuter routes. The investment metrics provided include a 5.62% cap rate and an 11.89 GRM. The property is identified within one of Norwalk’s rental corridors and offers a defined unit mix with on-site resident amenities.
Located at 12155 Pine Street in Norwalk, California, the property is near schools, shopping, public transportation, and major commuter routes. The investment metrics provided include a 5.62% cap rate and an 11.89 GRM. The property is identified within one of Norwalk’s rental corridors and offers a defined unit mix with on-site resident amenities.
Key Highlights
- Six total units: three 2‑bedroom/1‑bath and three 1‑bedroom/1‑bath residences
- Four carport spaces plus four open parking spaces
- Coin‑operated laundry facility and gated entryways
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,500
Businesses Nearby
Explore this area
Business Placement
Demographics for 90650, CA
102,891
Population
27,346
Households
3.8
Avg Household Size
37
Median Age
21%
College-Educated
77%
High-School Grad
9.9 sq mi
ZIP Area
10,393
Density / Sq Mi
$98,709
Median Household Income
$42,060
Median Earnings
$2,014
Median Rent
$616,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment property with mixed one- and two-bedroom floor plans, gated access, parking, laundry, and separately metered utilities.
Where is this apartment building located?
The property is located at 12155 Pine Street Norwalk, CA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Six total units: three 2‑bedroom/1‑bath and three 1‑bedroom/1‑bath residences; Four carport spaces plus four open parking spaces; Coin‑operated laundry facility and gated entryways
