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Commercial Property - 12705 Kalnor, Norwalk, CA

$7,600,000

12705 Kalnor, Norwalk, CA

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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.

Property details

Square feet
20,623
Year built
1964
Property type
Commercial Sale
Lot size
30,163 sqft

Location

12705 Kalnor • Norwalk, CA 90650

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Listed by

DELIMIRO CEJA · CENTURY 21 REALTY MASTERS

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