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12705 Kalnor Ave, Norwalk, CA 90650!! Exceptional opportunity to acquire a well-maintained 28-unit multifamily investment property in the heart of Norwalk. This attractive asset features updated flooring in most units, along with updated windows and roof completed within the past few years, helping minimize future capital expenditures. The property offers desirable tenant amenities, including a community swimming pool, onsite laundry facilities, and an expansive 51 parking spaces, providing convenience for residents and guests alike. Ideally situated near Norwalk City Hall, the Civic Center area, shopping centers, restaurants, and everyday services, the property benefits from strong neighborhood amenities and excellent accessibility. Residents enjoy convenient access to major freeways, making commuting throughout Los Angeles and Orange County effortless. Located in a market with no municipal rent control, the property is subject only to California AB 1482, offering investors an attractive balance of operational flexibility and regulatory stability. This is a rare opportunity to own a sizeable multifamily asset in a highly accessible and tenant-friendly location with strong long-term investment potential.
Listing agent: DELIMIRO CEJA DRE #02055809 SOCALREALESTATEDC@GMAIL.COM, Listing office: CENTURY 21 REALTY MASTERS
MLS data updated 10/16/2026, 9:39:32 PM PT
Source: CRMLS, MLS #: MB26214031
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 25, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$7,600,000Original asking price · Sep 25, 2026ZIP 90650 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.