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$2,485,000
32 Days On Site

11062 Excelsior Drive
Norwalk, CA 90650

For Sale|Residential Income|Active
16
Beds
8
Total Baths
6,775
SqFt
$367
/SqFt
1969
Built
County:
Los Angeles
Listed by Nicholas Petrosian of Remax Commercial and Investment Realty [email protected]

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949-774-8692
11062 Excelsior Drive11062 Excelsior Drive11062 Excelsior Drive11062 Excelsior Drive
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Monthly Payment (Est.)

$11,338
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8-unit apartment investment located in a strong Norwalk rental market. The property features an all 2-bedroom/1-bathroom unit mix with separate gas and electric meters. Recent improvements include a new roof, new fascia, and new exterior paint. The property is offered at a 5.94% current cap rate and 10.38 GRM with additional ADU potential (buyer to verify). Excellent unit mix and long-term investment fundamentals in a high-demand rental location.

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Listing Snapshot
Price 
$2,485,000
Days On Site 
32 Days
Bedrooms 
16
Inside Area (SqFt) 
6,775 sqft
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3487 Acres
Year Built 
1969
MLS® Number 
26833773
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.3487
Garage 
Yes
Levels 
Two
Parking 
Garage
Parking Spaces 
1
Special Circumstances 
Standard
SqFt Total 
6775
Zoning 
NOR317U*
Interior Features
Heating 
Wall Furnace
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Community Features
MLS Area 
M1 - Norwalk


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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