12155 Pine, Norwalk CA 90650 for sale - Presented to you by Terrence Griffin of San Diego California
Listing provided courtesy of Kristopher German of RE/MAX 2000 REALTY. Last updated 2026-07-21 08:11:04.000000. Listing information © 2026 Sandicor.

Asking Price: $1,325,000 | ​​​​​​​

12155 Pine, Norwalk CA 90650

Community: ​M1 - Norwalk


This Apartment property was built in 1963 and is priced at $1,325,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: CV26150056
  • Type: Apartment
  • Year Built: 1963
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.

Call or Email Terrence Griffin now to inquire about this property

619-952-0152