Search
12814 Kalnor Ave, Norwalk, CA 90650
Image 2 for 12814 Kalnor Ave, Norwalk, CA 90650
Image 3 for 12814 Kalnor Ave, Norwalk, CA 90650
View Photos

12814 Kalnor Ave Norwalk, CA 90650

$2,565,000 Sold Price as of 01/31/2024
  • 16 Beds
  • 15 Baths
  • 8,346 Sq.Ft.
Sold
$2,565,000 Sold Price as of 01/31/2024 Refinance Your Mortgage
Map preview of 12814 Kalnor Ave, Norwalk, CA 90650

Property Overview: 12814 Kalnor Ave Norwalk, CA has 16 bedrooms, 15 bathrooms, 8,346 living square feet and 22,125 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Brenda Jurado | BRE #02038430 | Berkshire Hathaway HomeServices California Properties
Last checked: 1 minute ago | Last updated: February 6th, 2024 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
22,125
HOA Dues
$0/mo
Year built
1937
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
SB23209172
City
Norwalk
County
Los Angeles
Time on Site
188 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 4
  • # of Leased Units: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,295
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,245
  • Total Rent: $3,245
  • Pro Forma/Market Rent: $3,296
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,440
  • Total Rent: $2,440
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,452
  • Total Rent: $2,452
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,451
  • Total Rent: $2,451
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,595
  • Total Rent: $2,595
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,695
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.47%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $249,036
  • Net Operating Income: $164,916
  • Gross Operating Income: --
  • Vacancy Allowance: $12,047
Annual Expense Breakdown
  • Total Operating Expense: $72,073
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $7,720
  • Professional Management: $9,663
  • Water/Sewer: $0

Property Details for 12814 Kalnor Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Seller
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 8
  • Parcel Number: 8047005023
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Imperial Hwy & Norwalk Blvd
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Norwalk Agent

Sale History for 12814 Kalnor Ave

Last sold for $2,565,000 on January 31st, 2024

  • January, 2024

  • Jan 31, 2024

    Date

    Sold

    CRMLS: SB23209172

    $2,565,000

    Price

  • Nov 10, 2023

    Date

    Active

    CRMLS: SB23209172

    $2,570,000

    Price

  • April, 2020

  • Apr 7, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,400,000

    Price

Show More

Tax History for 12814 Kalnor Ave

Assessed Value (2020): $211,573
Year Land Value Improved Value Assessed Value
2020 $76,865 $134,708 $211,573

Home Value Compared to the Market

This property vs the competition

12814 Kalnor Ave sold on January 31, 2024 for 252.05% higher than the current median sold price for the city of Norwalk which is $730,000. The median sold price per/sqft for Norwalk is $567 and this home is sold at $307.93 per/sqft which puts the price per square foot 45.69% lower than the current median sale per square foot for the city of Norwalk.

About 12814 Kalnor Ave

Detailed summary of property

12814 Kalnor Ave is a apartment that recently sold in Norwalk, CA 90650. This apartment offered 16 bedrooms, 15 bathrooms, roughly 8,346 living square feet, and sits on an approximately 22,125 square foot lot. 12814 Kalnor Ave was first listed on ArdentRealEstateGroup.com on November 10, 2023. The homeowner sold the property for $2,565,000. Home in Norwalk are selling for a median price of $730,000 and a median price per square foot of $567. Based on Ardent Real Estate Group's Norwalk Market Data, this home is sold 252.05% higher than the current median priced home. Local homes that are currently for sale include 4016 E Wilton, 1808 Cristine Pl and 1102 Termino Ave. While the average home in Norwalk, CA is selling in 34 days, 12814 Kalnor Ave has a days on market of 28 days. There are currently 94 homes for sale in the Norwalk real estate market and 88 of them are single family homes while 5 of them are condos and 1 are townhomes. For more information on this home for sale at 12814 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 12814 Kalnor Ave

Public county record property details
Beds
13
Baths
9
Year built
1937
Sq. Ft.
6,686
Lot Size
22,129
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
28
APN
8047-005-023

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
$719,000
Median List Price/Sq.Ft.
$606
Median Sold Price
$730,000
Median Sold Price/Sq.Ft.
$570
Total Inventory
94
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%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 12814 Kalnor Ave

Nearby Homes for Sale

12642 Kalnor Ave, Norwalk, CA 90650
$2,240,000
20 Beds
10 Baths
6190 Sq.Ft.
12642 Kalnor Ave
Norwalk, CA 90650
11331 Pioneer Blvd, Norwalk, CA 90650
$2,700,000
4 Beds
2 Baths
1665 Sq.Ft.
11331 Pioneer Blvd
Norwalk, CA 90650
10224 La Reina Ave, Downey, CA 90241
$2,449,000
9 Beds
6 Baths
4082 Sq.Ft.
10224 La Reina Ave
Downey, CA 90241
13624 Franklin St, Whittier, CA 90602
$2,080,000
11 Beds
9 Baths
4824 Sq.Ft.
13624 Franklin St
Whittier, CA 90602
5842 Western Ave, Buena Park, CA 90621
$2,965,000
16 Beds
8 Baths
5616 Sq.Ft.
5842 Western Ave
Buena Park, CA 90621
5706 Pioneer Blvd, Whittier, CA 90606
$2,500,000
6 Beds
4 Baths
2250 Sq.Ft.
5706 Pioneer Blvd
Whittier, CA 90606
3739 Centralia St, Lakewood, CA 90712
$2,250,000
10 Beds
6 Baths
3864 Sq.Ft.
3739 Centralia St
Lakewood, CA 90712
3509 W Del Monte Dr, Anaheim, CA 92804
$2,800,000
16 Beds
11 Baths
8313 Sq.Ft.
3509 W Del Monte Dr
Anaheim, CA 92804
6062 Atlantic Ave, Long Beach, CA 90805
$2,595,000
10 Beds
10 Baths
6966 Sq.Ft.
6062 Atlantic Ave
Long Beach, CA 90805
6062 Atlantic Ave, Long Beach, CA 90805
$2,750,000
10 Beds
10 Baths
6966 Sq.Ft.
6062 Atlantic Ave
Long Beach, CA 90805
668 Keenan Ave, Los Angeles, CA 90022
$2,395,000
7 Beds
5 Baths
5659 Sq.Ft.
668 Keenan Ave
Los Angeles, CA 90022
1310 W Valencia Dr, Fullerton, CA 92833
$2,970,000
8 Beds
6 Baths
4731 Sq.Ft.
1310 W Valencia Dr
Fullerton, CA 92833

Recently Sold Homes Near 12814 Kalnor Ave

12720 Kalnor Ave, Norwalk, CA 90650
$1,280,000 Last Sold Price
8 Beds
4 Baths
3286 Sq.Ft.
12720 Kalnor Ave
Norwalk, CA 90650
12705 Kalnor Ave, Norwalk, CA 90650
$7,300,000 Last Sold Price
38 Beds
32 Baths
20623 Sq.Ft.
12705 Kalnor Ave
Norwalk, CA 90650
12642 Kalnor Ave, Norwalk, CA 90650
$1,980,000 Last Sold Price
20 Beds
10 Baths
6190 Sq.Ft.
12642 Kalnor Ave
Norwalk, CA 90650
12128 Imperial, Norwalk, CA 90650
$4,210,000 Last Sold Price
28 Beds
14 Baths
11340 Sq.Ft.
12128 Imperial
Norwalk, CA 90650

Related Resources to 12814 Kalnor Ave

New Listings in 90650
Popular Zip Codes
Popular Cities
Other Norwalk Resources

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.

Refi Quote