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11062 Excelsior Dr, Norwalk, CA 90650

  • $2,385,000

    •

  • 16

    bed

  • 8

    bath

  • 6,775

    Sqft ($352/Sqft)

Multi-family for sale 46 days
$100K price drop
Movoto is helping 22 homebuyers near you

About 11062 Excelsior Dr

Property type Multi-family
Neighborhood
Year built 1969
HOA fee $0/month
Lot size 0.35 Acre
Movoto estimate
Property description
Now offered at a 6.25% cap rate and 9.96 GRM on actual income. 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. Excellent unit mix and long-term investment fundamentals in a high-demand rental location.
Listed by
Listing Agent - Nicholas Petrosian
Listing Office - Remax Commercial and Investment Realty
Source: The MLS mls logo
MLS#26833773 • last updated 1 week ago
Movoto checked The MLS for data 9 minutes ago
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Overview
Levels/Style Two
MLS # 26833773
Type Residential Income
Status Active
SqFt 6775
Lot Size (SqFt) 15191
Lot Size (Acres) 0.3487
Year Built 1969
Interior
Total # of Baths 8
Total # of Bedrooms 16
Exterior
Parking Desc Garage - 1 Car, Parking Space
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Los Angeles
Zoning NOR317U*
APN 8078-023-015
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 20800
Unit 1: # Beds 2
Unit 1: Rent 2494
Unit 1: # Baths 1
Unit Type 2106
Unit 1: Actual Rent 19955
Total # Of Buildings 2
Net Operating Income 148819
Cap Rate 6.24
Vacancy Rate 4%
Gross Income 239460
Gross Operating Income 229882
Gross Rent Multiplier 9.96
Total Annual Expenses 81063
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7/10
Norwalk High School
public Grades 9-12
Norwalk-La Mirada Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • Los Angeles County
  • Norwalk
  • 90650
  • 11062 Excelsior Dr

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