12720 Kalnor Avenue, Norwalk, CA 90650

About this fourplex

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).

Listing description from the December 2023 sale, as reported to CRMLS.

Sale history

$1,280,000

Sold December 2023 · listed $1,350,000, on market October 2023 · MLS #PW23187143 · Source: CRMLS

Listing Agent: Daniel Gomez · Listing Office: Younglewin Advisors, Inc. · Contact: 562-266-7629 · Bought with: Daniel Gomez · Younglewin Advisors, Inc.

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