$1,280,000
$1,350,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
12720 Kalnor AVE Norwalk, CA 90650
3,286 SqFt
Key Details
Sold Price $1,280,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,286 sqft
Price per Sqft $389
MLS Listing ID PW23187143
Sold Date 12/08/23
HOA Y/N No
Year Built 1957
Lot Size 0.345 Acres
Acres 0.3451
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
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
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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socal@guiderealestate.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Daniel Gomez • Younglewin Advisors, Inc.
GUIDE SoCal
Broker | License ID: DRE#01976964