12642 Kalnor Ave, Norwalk, CA 90650
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12642 Kalnor Ave Norwalk, CA 90650

$2,240,000
  • 20 Beds
  • 10 Baths
  • 6,190 Sq.Ft.
For Sale
$2,240,000 Get Pre-Qualified

Map preview of 12642 Kalnor Ave, Norwalk, CA 90650

Property Overview: 12642 Kalnor Ave Norwalk, CA has 20 bedrooms, 10 bathrooms, 6,190 living square feet and 15,016 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Drive by only. Do not contact tenants.

Listed by Nicholas Petrosian | BRE #01462598 | Remax Commercial and Investment Realty
Last checked: 14 minutes ago | Last updated: January 9th, 2024 | Source CRMLS | DOM: 115
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
15,016
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23340807
City
Norwalk
County
Los Angeles
Time on Site
134 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $3,150
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $12,000
  • Pro Forma/Market Rent: $15,960
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.4%
  • Gross Rent Multiplier: 12.96
  • Gross Scheduled Income: --
  • Net Operating Income: $98,484
  • Gross Operating Income: $167,616
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 12642 Kalnor Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 17
  • Has Parking
  • Parking Features: Parking Space
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 9
  • Parcel Number: 8047004021
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: 5 Freeway, exit Norwalk Boulevard
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Sale History for 12642 Kalnor Ave

Last sold for $1,980,000 on February 29th, 2024
  • February, 2024

  • Feb 29, 2024

    Date

    Sold

    CRMLS: 23340807

    $1,980,000

    Price

  • Dec 19, 2023

    Date

    Active

    CRMLS: 23340807

    $2,400,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2023

  • Dec 19, 2023

    Date

    Active

    CRMLS: 23340807

    $2,400,000

    Price

  • December, 2002

  • Dec 31, 2002

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

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Tax History for 12642 Kalnor Ave

Assessed Value (2020): $1,059,442
Year Land Value Improved Value Assessed Value
2020 $264,856 $794,586 $1,059,442

Home Value Compared to the Market

This property vs the competition

12642 Kalnor Ave is listed 211.11% higher than the median list price for the city of Norwalk which has a median list price of $719,999. The median price per/sqft for Norwalk is $592 and this home is listed at $361.87 per/sqft which puts the price per square foot 38.87% lower than the median price per square foot for the city of Norwalk.

About 12642 Kalnor Ave

Detailed summary of property

12642 Kalnor Ave is a multi family located in Norwalk, CA 90650 and is currently for sale. This multi family property offers 20 bedrooms, 10 bathrooms, roughly 6,190 living square feet, and sits on an approximately 15,016 square foot lot. 12642 Kalnor Ave was first listed on ArdentRealEstateGroup.com on December 19, 2023. The homeowner is currently asking $2,240,000 and was originally asking $2,400,000. The median priced home in Norwalk is $719,999 with a median price per square foot of $592. Based on Ardent Real Estate Group's Norwalk Market Data, this home is listed 211.11% higher than the median priced home. Local competing homes currently for sale include 668 Keenan Ave, 1138 Valencia Ave #40 and 4016 E Wilton. While the average home in Norwalk, CA is selling in 42 days, 12642 Kalnor Ave has a days on market of 115 days. There are currently 71 homes for sale in the Norwalk real estate market and 64 of them are single family homes while 5 of them are condos and 2 are townhomes. For more information on this home for sale at 12642 Kalnor Ave Norwalk, CA 90650 contact Ardent Real Estate Group and we will put you in touch with one of our Norwalk agents.

Public Facts for 12642 Kalnor Ave

Public county record property details
Beds
20
Baths
10
Year built
1957
Sq. Ft.
6,190
Lot Size
15,011
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
35
APN
8047-004-021

The source for these homes facts are from public records.

90650 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$719,999
Median List Price/Sq.Ft.
$592
Median Sold Price
$730,000
Median Sold Price/Sq.Ft.
$570
Total Inventory
71
Median Sale to List Price %
100.7%
Avg Days on Market
16
Loan Type
Conventional (54.29%), FHA (25.71%), VA (2.86%), Cash (11.43%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.