12013 Walnut St, Norwalk, CA 90650
Image 2 for 12013 Walnut St, Norwalk, CA 90650
Image 3 for 12013 Walnut St, Norwalk, CA 90650
View Photos

12013 Walnut St Norwalk, CA 90650

$1,010,000 Sold Price as of 05/27/2021
  • 7 Beds
  • 3 Baths
  • 2,861 Sq.Ft.
Sold
$1,010,000 Sold Price as of 05/27/2021 Refinance Your Mortgage

Map preview of 12013 Walnut St, Norwalk, CA 90650

Property Overview: 12013 Walnut St Norwalk, CA has 7 bedrooms, 3 bathrooms, 2,861 living square feet and 8,398 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful home on a lot with duplex in rear for a lucky investor/owner-occupant. The front house has a large driveway on the side, and a stable long term residents in place. The read duplex structure has parking in the rear for 4+ cars, and a small yard for each unit. Rents are low, and the units have received very nice improvements over the years. Residents are all great on-time payers, and this property will operate nicely for the future owner.

Listed by Michael Borba | BRE #01380572 | Borba Investment Realty
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 46

Home details

Lot Sq. Ft
8,398
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
RS21052687
City
Norwalk
County
Los Angeles
Time on Site
1112 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,175
  • Total Rent: $2,175
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,725
  • Total Rent: $1,725
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,715
  • Total Rent: $1,715
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.3%
  • Gross Rent Multiplier: 15.5
  • Gross Scheduled Income: $67,380
  • Net Operating Income: $44,878
  • Gross Operating Income: $64,311
  • Vacancy Allowance: $1,989
Annual Expense Breakdown
  • Total Operating Expense: $20,513
  • New Taxes: $13,500
  • Trash: $554
  • Gardener: $600
  • Insurance: $1,071
  • Water/Sewer: $1,260

Property Details for 12013 Walnut St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 8056023009
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Pioneer North to San Antonio North, Right on Walnut
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Norwalk Agent

Loading...

Sale History for 12013 Walnut St

Last sold for $1,010,000 on May 27th, 2021
  • May, 2021

  • May 29, 2021

    Date

    Sold

    CRMLS: RS21052687

    $1,010,000

    Price

  • Apr 27, 2021

    Date

    Pending

    CRMLS: RS21052687

    $1,045,000

    Price

  • Apr 12, 2021

    Date

    Price Change

    CRMLS: RS21052687

    $1,045,000

    Price

  • Mar 12, 2021

    Date

    Active

    CRMLS: RS21052687

    $1,099,000

    Price

  • July, 2005

  • Jul 25, 2005

    Date

    Sold (Public Records)

    Public Records

    $445,000

    Price

Show More

Tax History for 12013 Walnut St

Assessed Value (2020): $556,045
Year Land Value Improved Value Assessed Value
2020 $262,404 $293,641 $556,045

Home Value Compared to the Market

This property vs the competition

12013 Walnut St sold on May 27, 2021 for 51.45% higher than the current median sold price for the city of Norwalk which is $690,000. The median sold price per/sqft for Norwalk is $673 and this home is sold at $365.26 per/sqft which puts the price per square foot 45.73% lower than the current median sale per square foot for the city of Norwalk.

About 12013 Walnut St

Detailed summary of property

12013 Walnut St is a multi family that recently sold in Norwalk, CA 90650. This multi family property offered 7 bedrooms, 3 bathrooms, roughly 2,861 living square feet, and sits on an approximately 8,398 square foot lot. 12013 Walnut St was first listed on ArdentRealEstateGroup.com on March 13, 2021. The homeowner sold the property for $1,010,000. Home in Norwalk are selling for a median price of $690,000 and a median price per square foot of $673. Based on Ardent Real Estate Group's Norwalk Market Data, this home is sold 51.45% higher than the current median priced home. Local homes that are currently for sale include 110 S Harding Ave, 9272 Picadilly Way and 3617 Cherry Ave. While the average home in Norwalk, CA is selling in 37 days, 12013 Walnut St has a days on market of 46 days. There are currently 76 homes for sale in the Norwalk real estate market and 70 of them are single family homes while 5 of them are condos and 1 are townhomes. For more information on this home for sale at 12013 Walnut St Norwalk, CA 90650 contact Ardent Real Estate Group and we will put you in touch with one of our Norwalk agents.

Public Facts for 12013 Walnut St

Public county record property details
Beds
6
Baths
3
Year built
1910
Sq. Ft.
2,762
Lot Size
8,397
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9,10
APN
8056-023-009

The source for these homes facts are from public records.

90650 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$583
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$673
Total Inventory
80
Median Sale to List Price %
102.22%
Avg Days on Market
20
Loan Type
Conventional (46.88%), FHA (31.25%), VA (3.13%), Cash (6.25%), Other (12.5%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.