12048 Foster Road

Closed 8/25/23

Sold

Last Sold Price

$1,870,000

13 beds7 baths5,530 sqft$338/sqft

12048 Foster Rd, Norwalk, CA 90650

Multi FamilyProperty Type

10,500 sq ftLot Size

1979Year Built

$338/sq ftPrice per sq ft

6 carsParking Spaces

Description

Proudly present A six units apartment in the prime rental market in the city of Norwalk. The property is consisted a unit for 3 bedrooms 2 baths, and five unitswith 2 bedrooms 1 bath. There are 6 garages and 6 parking spaces. The three bedroom unit with fire place, laundry room inside and garage access is perfect for owner use. All units have laminated floor and granite counter top in the kitchen. Total living space is 5,050 Sqft with the lot size of 10,500 sqft. Community laundry room next to a...Proudly present A six units apartment in the prime rental market in the city of Norwalk. The property is consisted a unit for 3 bedrooms 2 baths, and five unitswith 2 bedrooms 1 bath. There are 6 garages and 6 parking spaces. The three bedroom unit with fire place, laundry room inside and garage access is perfect for owner use. All units have laminated floor and granite counter top in the kitchen. Total living space is 5,050 Sqft with the lot size of 10,500 sqft. Community laundry room next to a big yard for family garthering. Close to 5 freeway, 105 freeways and Metro station to commute to LAX. There is a significant upside potential in rent for a high demand rental market.

Listed by: Tiffany Vu DRE #02038278 Brokerage DRE #02003950 • KW Executive
Listed by: Alan Tran DRE #01042743 Brokerage DRE #02003950 • KW Executive

Listing closed: 08/25/2023 12:00 AM • Source: CRMLS, MLS#: AR22239737

Recent comparable sales

Median sold price

$1,710,000

Avg days on market

100

Sale-to-list ratio

95.9%

$1,500,000

Sold 09/29/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 5,532
Square Feet: Unavailable
Acres

14408 Pioneer Boulevard, Norwalk, CA 90650

1/18

$2,000,000

Sold 09/27/24

14
Bedrooms: 13
Bathrooms: 7,071
Square Feet: 0.27
Acres

10908 Leffingwell Road, Norwalk, CA 90650

$1,398,000

Sold 03/28/25

8
Bedrooms: 6
Bathrooms: 2,668
Square Feet: 0.16
Acres

12062 Foster Road, Unit 12064, Norwalk, CA 90650

$1,398,000

Sold 03/28/25

8
Bedrooms: 6
Bathrooms: Unavailable
Square Feet: 0.16
Acres

12062 Foster Road, Norwalk, CA 90650

$1,320,000

Sold 02/06/26

Unavailable
Bedrooms: 6
Bathrooms: 3,000
Square Feet: 0.16
Acres

12007 Sycamore Street, Norwalk, CA 90650

$1,710,000

Sold 08/06/25

Unavailable
Bedrooms: 7
Bathrooms: 4,136
Square Feet: 0.22
Acres

2 Park Street, Norwalk, CT 06851

$2,091,000

Sold 06/18/26

6
Bedrooms: 6
Bathrooms: 6,034
Square Feet: 1.57
Acres

176 Ponus Avenue, Norwalk, CT 06850

$2,100,000

Sold 12/16/24

Unavailable
Bedrooms: Unavailable
Bathrooms: 7,265
Square Feet: 0.36
Acres

12107 Front Street, Norwalk, CA 90650

$4,800,000

Sold 10/17/24

32
Bedrooms: 464
Bathrooms: 14,452
Square Feet: 0.53
Acres

11645 Mapledale Street, Norwalk, CA 90650

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Location

Listing Courtesy of KW Executive, Tiffany Vu, DRE #02038278; KW Executive, Alan Tran, DRE #01042743

Sold By Pak Home Realty, Jose Leon, DRE #01813677

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$11,648 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,505

Property Taxes

$2,143

HOA Dues

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Property Information for 12048 Foster Road

Property Details

MLS Type: Residential Income / Res Income 2-4 Units
County: Los Angeles County
Parking Spaces Total: 6
Private Pool: No
Total Units: 6.0
Building Type: Attached
Lot Size Source: Assessor
Living Area: 5530
Assessor Parcel Number: 8056-021-024
Property Attached YN: true
Common Walls: 2+ Common Walls
New Construction: No
Average Studio Area Units: Square Feet
Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Building Area Total: 5530
Building Area Units: Square Feet
Stories Total: 2
Pool: No
Zoning: NOR3*
Senior Community: No
Parcel Number: 8056021024
Area: Norwalk (M1)
Directions: South of 5 freeway East of San Antonio

Building Information

Building/Complex: 12048 Foster Rd
Stories: 2
Year Built: 1979

Income / Expense / Tax Details

Income Details

Gross Income: $147,936
Gross Scheduled Income: $147,000

Vacancy Allowance: 3775
Net Operating Income: $101,303
Laundry Income: $936
Gross Multiplier: 13.95
Cap Rate: 4.9
Financing: Assumed

Expense Details

Operating Expense: $42,858
New Taxes Expense: $24,237

Fuel Expense: $2,604
Electric Expense: $840
Insurance Expense: $1,904
Maintenance Expense: $2,780
Professional Management Expense: $1,800
Trash Expense: $3,420
Water Sewer Expense: $2,772
Total Expenses: $42,858

Tax / Assessment Info

Tax Block: 2
Tax Tract Number: 06764

Tax Census Tract: 5522.00
Tax Lot: 3

Community / Development

Community Features: Curbs

Property / Structure Info

Interior Features

Laundry: Yes
Laundry Features: Community

Exterior Features

Pool Features: None
Pool Description: None

Pool: N/K
Pool Heat: N/K

Land/Lot Info

Lot Features: 6-10 Units/Acre
Number Of Units: 6

Land Lease: No
Land Lease Type: Fee
Levels: Two
Water: Public
Sewer: Public Sewer
Water Source: Public

Parking Info

Garage Spaces: 6
Parking Garage Spaces: 6

Carport Spaces: 0

Property / Structure Info

Residential Styles: Res Income 2-4 Units

Unit Information

Unit 1

Unit Type Units Total: 1
Unit Type Beds Total: 3

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: Yes
Unit Type Actual Rent: $1,910
Unit Type Total Rent: $1,910
Unit Type Pro Forma: 2500
Unit Type Type: 1

Unit 2

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,875
Unit Type Total Rent: $1,875
Unit Type Pro Forma: 1950
Unit Type Type: 2

Unit 3

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,675
Unit Type Total Rent: $1,675
Unit Type Pro Forma: 1950
Unit Type Type: 3

Unit 4

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,750
Unit Type Total Rent: $1,750
Unit Type Pro Forma: 1950
Unit Type Type: 4

Unit 5

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,800
Unit Type Total Rent: $1,800
Unit Type Pro Forma: 1950
Unit Type Type: 5

Unit 6

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,475
Unit Type Total Rent: $1,475
Unit Type Pro Forma: 1950
Unit Type Type: 6

Unit Information

Rent Controlled: No
Number Of Buildings: 2

Number Of Separate Electric Meters: 7
Number Of Separate Gas Meters: 7
Number Of Separate Water Meters: 0

Property History for 12048 Foster Road

Date	Event & Source	Price	Appreciation
Aug 25, 2023	Sold SDMLS #AR22239737	$1,870,000	—
Aug 25, 2023	Sold CRMLS #AR22239737	$1,870,000	—
Aug 25, 2023	Sold CLAW #AR22239737MR	$1,870,000	—
Aug 4, 2023	Sold (Public Record) Public Record #1517173876	$1,036,500	-0.9% / yr
Jun 23, 2023	Price Change CLAW #AR22239737MR	$1,950,000	—
Jun 23, 2023	Pending CRMLS #AR22239737		—
Jun 12, 2023	Pending SDMLS #AR22239737		—
Jun 12, 2023	Pending CLAW #AR22239737MR		—
May 24, 2023	Hold CRMLS #AR22239737		—
Mar 25, 2023	Price Change CRMLS #AR22239737	$1,950,000	—
Feb 6, 2023	Accepting Backup Offers CRMLS #AR22239737		—
Feb 6, 2023	Accepting Backup Offers CLAW #AR22239737MR		—
Nov 10, 2022	Listed (Active) CRMLS #AR22239737	$1,838,000	—
Nov 10, 2022	Listed (Active) CLAW #AR22239737MR	$1,838,000	—
Nov 10, 2022	Listed (Active) SDMLS #AR22239737	$1,838,000	—
Nov 8, 2013	Sold CRMLS #PW13099626		—
Nov 8, 2013	Listed (Active) CRMLS #PW13099626	$1,090,000	—
Oct 25, 2013	Sold CLAW #PW13099626MR	$1,128,000	—
Oct 25, 2013	Pending CLAW #PW13099626MR		—
Oct 9, 2013	Sold (Public Record) Public Record #370331359	$1,128,000	—
May 27, 2013	Listed (Active) CLAW #PW13099626MR	$1,090,000	—
Jul 10, 2005	Expired CRMLS #P431630		—
Jul 9, 2005	Expired CLAW #P431630MR		—
Jan 10, 2005	Listed (Active) CLAW #P431630MR	$962,000	—
Jan 10, 2005	Listed (Active) CRMLS #P431630	$962,000	—
Jan 10, 2005	Listed (Active) CRMLS #CC216719	$962,000	—
Oct 27, 2004	Expired CRMLS #P394625		—
Oct 26, 2004	Expired CLAW #P394625MR		—
May 26, 2004	Listed (Active) CLAW #P394625MR	$962,000	—
May 26, 2004	Listed (Active) CRMLS #CC215397	$962,000	—
May 26, 2004	Listed (Active) CRMLS #P394625	$962,000	—
May 25, 2004	Withdrawn / Cancelled CLAW #P384682MR		—
May 25, 2004	Withdrawn / Cancelled CRMLS #P384682	$962,000	—
Apr 1, 2004	Listed (Active) CLAW #P384682MR	$962,000	—
Apr 1, 2004	Listed (Active) CRMLS #P384682	$962,000	—
Apr 1, 2004	Listed (Active) CRMLS #CC214948	$962,000	—
Jan 6, 2000	Sold CRMLS #CC205944	$375,000	—
Jan 6, 2000	Sold CLAW #P155697MR	$375,000	—
Jan 6, 2000	Sold CRMLS #P155697	$375,000	—
Nov 20, 1999	Pending CLAW #P155697MR		—
Nov 20, 1999	Pending CRMLS #P155697		—
Sep 20, 1999	Listed (Active) CLAW #P155697MR	$393,500	—
Sep 20, 1999	Listed (Active) CRMLS #P155697	$393,500	—
Sep 20, 1999	Listed (Active) CRMLS #CC205944	$393,500	—

Date	Event & Source	Price
08/25/2023	Sold SDMLS #AR22239737	$1,870,000
08/25/2023	Sold CRMLS #AR22239737	$1,870,000
08/25/2023	Sold CLAW #AR22239737MR	$1,870,000
08/04/2023	Sold (Public Record) Public Record #1517173876	$1,036,500 -0.9% / yr
06/23/2023	Price Change CLAW #AR22239737MR	$1,950,000
06/23/2023	Pending CRMLS #AR22239737	—
06/12/2023	Pending SDMLS #AR22239737	—
06/12/2023	Pending CLAW #AR22239737MR	—
05/24/2023	Hold CRMLS #AR22239737	—
03/25/2023	Price Change CRMLS #AR22239737	$1,950,000
02/06/2023	Accepting Backup Offers CRMLS #AR22239737	—
02/06/2023	Accepting Backup Offers CLAW #AR22239737MR	—
11/10/2022	Listed (Active) CRMLS #AR22239737	$1,838,000
11/10/2022	Listed (Active) CLAW #AR22239737MR	$1,838,000
11/10/2022	Listed (Active) SDMLS #AR22239737	$1,838,000
11/08/2013	Sold CRMLS #PW13099626	—
11/08/2013	Listed (Active) CRMLS #PW13099626	$1,090,000
10/25/2013	Sold CLAW #PW13099626MR	$1,128,000
10/25/2013	Pending CLAW #PW13099626MR	—
10/09/2013	Sold (Public Record) Public Record #370331359	$1,128,000
05/27/2013	Listed (Active) CLAW #PW13099626MR	$1,090,000
07/10/2005	Expired CRMLS #P431630	—
07/09/2005	Expired CLAW #P431630MR	—
01/10/2005	Listed (Active) CLAW #P431630MR	$962,000
01/10/2005	Listed (Active) CRMLS #P431630	$962,000
01/10/2005	Listed (Active) CRMLS #CC216719	$962,000
10/27/2004	Expired CRMLS #P394625	—
10/26/2004	Expired CLAW #P394625MR	—
05/26/2004	Listed (Active) CLAW #P394625MR	$962,000
05/26/2004	Listed (Active) CRMLS #CC215397	$962,000
05/26/2004	Listed (Active) CRMLS #P394625	$962,000
05/25/2004	Withdrawn / Cancelled CLAW #P384682MR	—
05/25/2004	Withdrawn / Cancelled CRMLS #P384682	$962,000
04/01/2004	Listed (Active) CLAW #P384682MR	$962,000
04/01/2004	Listed (Active) CRMLS #P384682	$962,000
04/01/2004	Listed (Active) CRMLS #CC214948	$962,000
01/06/2000	Sold CRMLS #CC205944	$375,000
01/06/2000	Sold CLAW #P155697MR	$375,000
01/06/2000	Sold CRMLS #P155697	$375,000
11/20/1999	Pending CLAW #P155697MR	—
11/20/1999	Pending CRMLS #P155697	—
09/20/1999	Listed (Active) CLAW #P155697MR	$393,500
09/20/1999	Listed (Active) CRMLS #P155697	$393,500
09/20/1999	Listed (Active) CRMLS #CC205944	$393,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 12048 Foster Road

Taxable ValueLand$1,071,612Additions$873,936Total$1,945,548

Tax Record2025$25,711 ($2,143 / month)

Home Facts

Baths8Total Finished SqFt5,530 SqFtAbove Grade Finished SqFt5,530 SqFtStories2Lot Size10,214 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Year Renovated1979ZoningNOR3*CountyLOS ANGELESAPN8056-021-024

Schools near 12048 Foster Road

This home is within Norwalk-La Mirada Unified School District.


Rating	School	Type	Grades	Distance
4/10	Thomas B. Moffitt Elementary School	Public - Serves this home	K to 5	0.6 mi
5/10	Nettie L. Waite Middle School	Public - Serves this home	6 to 8	0.4 mi
6/10	Norwalk High School	Public - Serves this home	9 to 12	0.8 mi
2/10	El Camino High (Continuation) School	Public - Choice school	9 to 12	5.0 mi
NR	Pacific Ohana Acdemy	Private - Nearby school	8 to 12	0.3 mi
NR	Liberty Baptist Academy	Private - Nearby school	1 to 11	0.1 mi
NR	Grace Christian Schools	Private - Nearby school	K to 12	0.7 mi


Rating	School	Distance
4/10	Thomas B. Moffitt Elementary School PublicK to 5 Serves this home	0.6 mi
5/10	Nettie L. Waite Middle School Public6 to 8 Serves this home	0.4 mi
6/10	Norwalk High School Public9 to 12 Serves this home	0.8 mi
2/10	El Camino High (Continuation) School Public9 to 12 Choice school	5.0 mi
NR	Pacific Ohana Acdemy Private8 to 12 Nearby school	0.3 mi
NR	Liberty Baptist Academy Private1 to 11 Nearby school	0.1 mi
NR	Grace Christian Schools PrivateK to 12 Nearby school	0.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 12048 Foster Road, Norwalk, CA 90650	$1,870,000	13	7	5,530	10,500
12052 Foster Road, Norwalk, CA 90650	–	–	8	4,175	6,825
12038 Foster Road, Norwalk, CA 90650	$850,000	–	–	2,630	–
12058 Foster Road, Unit 14, Norwalk, CA 90650	$455,000	4	4	2,567	6,996
12065 Foster Road, Unit 1, Norwalk, CA 90650	$199,000	3	3	1,291	–
12065 Foster Road, Unit 4, Norwalk, CA 90650	$365,000	3	3	1,291	189,061
12065 Foster Road, Unit 2, Norwalk, CA 90650	$450,000	2	3	1,377	189,051
12031 Foster Place, Norwalk, CA 90650	$370,030	5	3	2,537	8,885
12075 Foster Road, Unit 5, Norwalk, CA 90650	$580,000	3	3	1,377	189,051
12075 Foster Road, Unit 6, Norwalk, CA 90650	$579,000	3	3	1,377	189,051
12075 Foster Road, Unit 7, Norwalk, CA 90650	$343,500	2	3	1,142	189,061
12075 Foster Road, Unit 10, Norwalk, CA 90650	$252,000	3	3	1,377	–
12075 Foster Road, Unit 2, Norwalk, CA 90650	$301,000	2	3	1,377	–
12075 Foster Road, Unit 9, Norwalk, CA 90650	–	2	3	1,377	–
12075 Foster Road, Unit 8, Norwalk, CA 90650	$284,000	3	3	1,291	189,059
12075 Foster Road, Unit 4, Norwalk, CA 90650	$399,000	2	2	1,142	–

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Listing Courtesy of KW Executive, Tiffany Vu, DRE #02038278; KW Executive, Alan Tran, DRE #01042743

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Norwalk, CA

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