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Two-Building Multifamily Portfolio
For Sale
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12705 Kalnor Ave, Norwalk, CA 90650

Two apartment buildings feature separately metered units, onsite laundry, air conditioning, pools, and ample parking.

Property SizeContact for details
Days on Market123

Property Features for 12705 Kalnor Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Highway Access Yes

Amenities

onsite laundry
sparking pools
air conditioning
ample parking
tenant common-area
Listing Agency: Young Lewin Advisors
Listed By: Shane Young · License #01963090
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 6:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Young Lewin Advisors

Investment Insights

Based on property information with market context.

This for-sale two-building apartment portfolio includes 12705 Kalnor Ave in Norwalk and 11716 Gurley Ave in Downey. The buildings were constructed in 1964 and 1957 and offer a mix of mostly 2-bedroom and 1-bedroom units. Units are separately metered for electricity, and each building includes onsite laundry, air conditioning, and a tenant common area. Additional amenities include sparking pools and ample parking, with both buildings having new roofs and renovated pools.

The properties are positioned along a central commuting thoroughfare, with the 605 Freeway referenced in the remarks.

Both buildings are available together or separately, providing flexibility for buyers evaluating a single asset or a combined portfolio.

Key Highlights

  • Two‑building apartment portfolio at 11716 Gurley Ave (built 1964) and 12705 Kalnor Ave (built 1957)
  • Mostly 1‑bedroom and 2‑bedroom unit mix across both buildings
  • All units separately metered for electricity

Property Analytics

Current Use

Richmont II Apartment Building

Suggested Use

Top Pick Parking Lot & Garage Food Market Skin Care Clinic Computer & Electronic Repair Tech Support Center Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,092
Businesses Nearby

Demographics for 90650, CA

102,891
Population
27,346
Households
3.8
Avg Household Size
37
Median Age
21%
College-Educated
77%
High-School Grad
9.9 sq mi
ZIP Area
10,393
Density / Sq Mi
$98,709
Median Household Income
$42,060
Median Earnings
$2,014
Median Rent
$616,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two apartment buildings feature separately metered units, onsite laundry, air conditioning, pools, and ample parking.
Where is this apartment building located?
The property is located at 12705 Kalnor Ave Norwalk, CA.
What are key features of this property?
This property features: Two‑building apartment portfolio at 11716 Gurley Ave (built 1964) and 12705 Kalnor Ave (built 1957); Mostly 1‑bedroom and 2‑bedroom unit mix across both buildings; All units separately metered for electricity
(562) 318-0215 Call to check price and availability
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