16
See all 16 photos
$2,485,000
Est. payment /mo
16 Beds
8 Baths
6,775 SqFt
New
11062 Excelsior DR Norwalk, CA 90650
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,775 sqft
Price per Sqft $366
MLS Listing ID 26833773
Bedrooms 16
HOA Y/N No
Year Built 1969
Lot Size 0.349 Acres
Property Description
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 5.78% current cap rate and 10.58 GRM with additional ADU potential (buyer to verify). Excellent unit mix and long-term investment fundamentals in a high-demand rental location.
Location
State CA
County Los Angeles
Area M1 - Norwalk
Zoning NOR317U*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Door-Single, Garage, One Space
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8078023015
Special Listing Condition Standard
Listed by Nicholas Petrosian Remax Commercial and Investment Realty #01462598
NEARBY SCHOOL & BUSINESS
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