This Multifamily Property is no longer advertised on LoopNet.com.

12705 Kalnor Ave
Norwalk, CA 90650
Multifamily Property For Sale · 28 Units

Investment Highlights

  • Actual 4% Cap rate with 30%+ upside in rents
  • 51 parking spaces/stalls & onsite laundry (seller owned)
  • Potential to add 9 ADUs onsite
  • Pride of Ownership community with newer roof, vinyl windows, & pool
  • No municipal rent control, only subject to AB 1482

Property Facts

No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.69 AC
Building Size 20,623 SF
Average Occupancy 100%
No. Stories 2
Year Built 1964
Parking Ratio 2.47/1,000 SF
Zoning NOR3YY

Amenities

Site Amenities

  • Pool
  • Property Manager on Site
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 20 $1,493 -
2+1 5 $1,458 -
2+2 1 $1,540 -
3+2 2 $2,200 -

Property Taxes

Property Taxes

Parcel Number
8047-003-031
Land Assessment
$3,537,360
Improvements Assessment
$4,057,560
Total Assessment
$7,594,920
  • Listing ID: 27484678

  • Date on Market: 1/10/2023

  • Last Updated:

  • Address: 12705 Kalnor Ave, Norwalk, CA 90650

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}