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12720 Kalnor Avenue, Norwalk, CA 90650
$1,280,000
12720 Kalnor Avenue, Norwalk, CA 90650View this property at 12720 Kalnor Avenue, Norwalk, CA 90650
12720 Kalnor AvenueNorwalkCA90650
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Property Description
We are pleased to present 12720 Kalnor Ave Norwalk, CA 90650, a 4 unit value add opportunity located in a prime Norwalk neighborhood. This 4 unit multifamily property features 100% 2 bedroom, bungalow-style units on an extra large 15,000+ sqft lot. This large lot size allows a savvy investor to add ADU's to the property to generate additional income. Additionally, this property boasts ample garage and surface parking while offering a market 7.6% cap rate and 10.04 GRM (not taking into account development of ADU's).
Full Property Details
Full Property Details for 12720 Kalnor Ave
General
- Sold For: $1,280,000
- Status: Closed
- Type: Multi-Family
- MLS ID: PW23187143
- Added to Site: 225 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: M1 - Norwalk
- County: Los Angeles
- Development Name: M1 - Norwalk
- Driving Directions: Off Imperial Hwy & Kalnor Ave
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 2
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 12720 Kalnor Ave
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,286
- Year Built: 1957
Unit Information
Unit 1
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.3451
- Lot Size Source: Assessor
- Zoning: NOR3YY
- Lot Description: Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $389.53
- Price Per Unit: 337500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed and Sold by Younglewin Advisors, Inc., Daniel Gomez
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Schools
Schools serving 12720 Kalnor Ave
School District:Norwalk-La Mirada Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
13323 Goller Ave, Norwalk, CA 90650 | K-6 | 0.7 mi | |
11032 Leffingwell Rd, Norwalk, CA 90650 | 6-8 | 1.5 mi | |
13520 Shoemaker Ave, Norwalk, CA 90650 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12720 Kalnor Ave
Date
Details
Price
Change
Source
12/08/2023
Sold
$1,280,000
-5.19%
MLS
10/06/2023
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12720 Kalnor Avenue, Norwalk, CA 90650 (MLS# PW23187143) is a Multi-Family property that was sold at $1,280,000 on December 08, 2023. Want to learn more about 12720 Kalnor Avenue? Do you have questions about finding other Multi-Family real estate for sale in Norwalk? You can browse all Norwalk real estate or contact a Coldwell Banker agent to request more information.