12705 Kalnor, Norwalk, CA 90650
- $7,600,000
- List Price
- $7,600,000
- Status
- ACTIVE
- MLS#
- MB26212043
- Year Built
- 1964
- Lot Size
- 30,163
- Acres
- 0.69
- Lot Location
- Front Yard
- Days on Market
- 5
- Property Type
- Commercial
- Property Sub Type
- Multi Family
Property Description
12705 Kalnor Ave, Norwalk, CA 90650!! Exceptional opportunity to acquire a well-maintained 28-unit multifamily investment property in the heart of Norwalk. This attractive asset features updated flooring in most units, along with updated windows and roof completed within the past few years, helping minimize future capital expenditures. The property offers desirable tenant amenities, including a community swimming pool, onsite laundry facilities, and an expansive 51 parking spaces, providing convenience for residents and guests alike. Ideally situated near Norwalk City Hall, the Civic Center area, shopping centers, restaurants, and everyday services, the property benefits from strong neighborhood amenities and excellent accessibility. Residents enjoy convenient access to major freeways, making commuting throughout Los Angeles and Orange County effortless. Located in a market with no municipal rent control, the property is subject only to California AB 1482, offering investors an attractive balance of operational flexibility and regulatory stability. This is a rare opportunity to own a sizeable multifamily asset in a highly accessible and tenant-friendly location with strong long-term investment potential.
Additional Information
- Taxes
- $100,230
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 28
- Gross Scheduled Income
- $606,528
- Operating Expense
- 176389
Listing courtesy of Listing Agent: DELIMIRO CEJA (SOCALREALESTATEDC@GMAIL.COM) from Listing Office: CENTURY 21 REALTY MASTERS.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.