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Roseann Oesterreich, CRS, GRI
SOLD
$2,565,000
Date 01/31/2024

12814 Kalnor Avenue
Norwalk, CA 90650

Apartment
Residential Income
8,346
Sq. Ft.
0.5079
Acre Lot
Listing Agent: Brenda Jurado CalDRE: 02038430 - Berkshire Hathaway HomeServices California Properties, 3107534312;
Home> California> Norwalk> 90650
Presenting 12814 Kalnor Ave a multifamily compound which consists of 8 units. The property has undergone significant improvements, with approximately $500,000 in capital expenditures. The original units have been fully renovated, and a 3BD/2BA Accessory Dwelling Unit (ADU) home has been added to enhance the property. The composition of the 4 buildings are (1) 3BD/2BA home, (1) 3BD/2BA ADU home, (5) 2BD/2BA townhomes and(1) Studio/1BA unit (unpermitted). The price per square footage is $308 with a 6.47% cap rate. The strategic location in Norwalk, adds to the property's appeal, offering excellent proximity to shopping, entertainment, and restaurants. Currently, all units are fully leased to month-to-month tenants, and they are all current with their leases. This makes it a rare find with a high-income potential, presenting an attractive opportunity for multifamily investors looking to diversify and expand their portfolios.
SB23209172
Residential Income - Apartment, 1 Story
1937
Los Angeles
0.5079 Acres
Public
1
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

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Listing Agent: Brenda Jurado CalDRE: 02038430 - Berkshire Hathaway HomeServices California Properties, 3107534312;
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