Multifamily

12705 Kalnor Ave

12705 Kalnor Ave, Norwalk, CA 90650

Listing Price: $7,500,000

Cap Rate
2.77%
Number of Units
28
Price/Unit
$267,857
Price/Gross SF
$363.67
Gross SF
20,623

Investment Overview

Marcus & Millichap is pleased to present 12705 Kalnor Ave in Norwalk, California. It is located right off of Highway 5. It is centrally located with access to public transportation. The offering is in a strong rental location proximate to schools and retail centers. The subject property has total of 28 units with a great unit mix. 20 of the units consists of 1 Bd/ 1Ba, there are five 2 Bd/ 1 Ba units, one 2 Bd/ 2 Ba unit, and one 3 Bd/ 2 Ba unit. All units are very well-maintained, and seller has reported 100% collections. The property is comprised of 1, two-story building built in 1964 with some major renovations completed in recent years including the roof, pool, and some interiors. The property also features onsite laundry and ample onsite parking. There is also common space with a sparkling pool for all tenants to use at their enjoyment. 12705 Kalnor Ave would make a great addition to the portfolio of any investor looking for an excellent unit mix and reliable cash flow

Investment Highlights

  • First Time On the Market In Over 25 Years
  • Available Together or Separate with Richmont V (11716 Gurley Ave in Downey)
  • Meticulously Maintained
  • Ample Parking Onsite and Secured Entry
  • Sparkling Pool & Onsite Laundry with Shared Common Space for Tenants' Enjoyment

Exclusively Listed By

  • Shane Young

    First Vice President Investments

    Email Shane

    License(s): CA: 01963090

    South Bay

  • Daniel Gomez

    Associate

    Email Daniel

    License(s): CA: 02081392

    South Bay

Multifamily

12705 Kalnor Ave

Listing Price: $7,500,000

Cap Rate
2.77%
Number of Units
28
Price/Unit
$267,857
Price/Gross SF
$363.67
Gross SF
20,623

Investment Highlights

  • First Time On the Market In Over 25 Years
  • Available Together or Separate with Richmont V (11716 Gurley Ave in Downey)
  • Meticulously Maintained
  • Ample Parking Onsite and Secured Entry
  • Sparkling Pool & Onsite Laundry with Shared Common Space for Tenants' Enjoyment

Investment Overview

Marcus & Millichap is pleased to present 12705 Kalnor Ave in Norwalk, California. It is located right off of Highway 5. It is centrally located with access to public transportation. The offering is in a strong rental location proximate to schools and retail centers. The subject property has total of 28 units with a great unit mix. 20 of the units consists of 1 Bd/ 1Ba, there are five 2 Bd/ 1 Ba units, one 2 Bd/ 2 Ba unit, and one 3 Bd/ 2 Ba unit. All units are very well-maintained, and seller has reported 100% collections. The property is comprised of 1, two-story building built in 1964 with some major renovations completed in recent years including the roof, pool, and some interiors. The property also features onsite laundry and ample onsite parking. There is also common space with a sparkling pool for all tenants to use at their enjoyment. 12705 Kalnor Ave would make a great addition to the portfolio of any investor looking for an excellent unit mix and reliable cash flow

Exclusively Listed By

  • Shane Young

    First Vice President Investments

    Email Shane

    License(s): CA: 01963090

    South Bay

  • Daniel Gomez

    Associate

    Email Daniel

    License(s): CA: 02081392

    South Bay

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