$2,250,000 $12,078 est/mo Sourced by Back At You
11062 Excelsior Drive,Norwalk, CA 90650
Norwalk, CA 90650
Description
PRICE IMPROVEMENT! Now priced at $281K/unit with a current 6.69% CAP & 9.4 GRM, this 8-unit delivers immediate cash flow. The subject property is 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. Excellent unit mix and long-term investment fundamentals in a high-demand rental location.
Details
| MLS # | 26833773 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1969 |
| Days On Site | 112 |
| Listing Provided By | Remax Commercial and Investment Realty | Nicholas Petrosian |
Features
| Bed(s) | 16 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 6,775 |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 2 |
| Zoning | NOR317U* |
| Acreage | 0.35 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
Parking
| Parking Features | Door Single, Garage, One Space |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Norwalk |
| Zip Code | 90650 |
| Area | M1 Norwalk |
| Listing VS Median (in 90650) | |
Price: $2,250,000 low | high Med: $900,000 sqft: 6,775 low | high Med: 2,212 $ / sqft: $332 low | high Med: $407 On site: 112 low | high Med: 380 | |
Market Activity 90650
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Norwalk |
| Zip Code | 90650 |
| Area | M1 Norwalk |
| Listing VS Median (in 90650) | |
Price: $2,250,000 low | high Med: $900,000 sqft: 6,775 low | high Med: 2,212 $ / sqft: $332 low | high Med: $407 On site: 112 low | high Med: 380 | |
Listing Updated: August 21, 2026 at 11:06:25 PM PDT