Norwalk, CA 90650,12720 Kalnor AVE
Norwalk, CA 90650,12720 Kalnor AVE
Norwalk, CA 90650,12720 Kalnor AVE
Norwalk, CA 90650,12720 Kalnor AVE
Norwalk, CA 90650,12720 Kalnor AVE
Norwalk, CA 90650,12720 Kalnor AVE
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$1,280,000

$1,350,000

5.2%
Est.Price: ?

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Est. payment /mo

0.35 Acres Lot


SOLD DATE : 12/08/2023

Key Details

Sold Price $1,280,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW23187143

Sold Date 12/08/23

HOA Y/N No

Year Built 1957

Lot Size 0.345 Acres

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).

Location

State CA

County Los Angeles

Area M1 - Norwalk

Zoning NOR3YY

Interior

Fireplace No

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs

Total Parking Spaces 4

Private Pool No

Building

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 8047005021

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Daniel Gomez • Younglewin Advisors, Inc. • 562-266-7629
Bought with Daniel Gomez • Younglewin Advisors, Inc.
agent-avatar

+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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