$1,299,999
12003 Walnut Street, Norwalk CA 90650
Multi-Family (Fourplex)
Property type
13 days
On market
$634
Price per sqft
3 cars
Garage
1913
Year built
7,223 sqft
Lot size
Open Houses
Overview
The Front house consists of a one bedroom and two-bedroom unit. The other two 1-bedroom units are in the back with access through the alley. This corner lot property has a great layout. Plenty of room to add additional units or use the land to build 6 townhomes. Property has many possibilities for expansion. Great Location in a desirable part of Norwalk.
Listing provided by: Joanne Bragg DRE #00628559 951-452-1000, Independent Properties
Listing updated: May 24, 2026 at 01:12pm.
Last checked: Jun 3, 2026 at 08:30am
Source: CRMLS #SW26112398
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $695 | $695 | $1,200 | Unfurnished |
| 1 | 1 | 1 | — | $1,100 | $1,100 | $1,200 | Unfurnished |
| 1 | 1 | 1 | — | $1,200 | $1,200 | $1,200 | Unfurnished |
| 1 | 2 | 1 | — | $2,500 | $2,500 | $2,500 | Unfurnished |
# of Buildings: 3
# of Units Total: 4
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 2
Rent Control: Yes
Tenant Pays: Cable Tv, Electricity, Exterior Maintenance, Gas
Financial Snapshot
Gross Rent Multiplier
18.1x
List Price / Annual Gross Rent
Cap Rate
4.53%
NOI / List Price
Gross Scheduled Income: $72,000
Operating Expense: $13,100
Net Operating Income: $58,900
Annual Operating Expenses
Electric: $4,800
Fuel: $0
Insurance: $3,500
Trash: $1,200
Water / Sewer: $2,400
Interior
Fireplace: None
Laundry: Washer Hookup, Gas Dryer Hookup
Accessibility: Safe Emergency Egress From Home
Entry Location: Walnut St
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Common Walls: One Common Wall
Lot Features: Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Off Street
Garage Spaces: 3
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 8056023011
Additional Parcels: No
Tax Lot: 12
Tax Block: 6
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Suburban, Sidewalks
Nearby Schools
Nearby schools around the 12003 Walnut Street, Norwalk, CA 90650. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,039,999
Total Interest
$1,326,462
Total Payment
$2,366,461
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,078
per month
Property History for 12003 Walnut Street
Norwalk Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90650.
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