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12720 Kalnor Avenue Norwalk, CA 90650
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Key Details
Sold Price $1,280,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 3,286 sqft
Price per Sqft $389
MLS Listing ID PW-23187143
Sold Date 12/08/23
Year Built 1957
Lot Size 0.345 Acres
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
Zoning NOR3YY
Interior
Laundry Inside
Exterior
Parking Features Gated
Garage Spaces 4.0
Pool None
Community Features Curbs
Building
Lot Description Lot 10000-19999 Sqft
Sewer Public Sewer
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