11062 Excelsior Drive, Norwalk, CA 90650
List Price: $2.48M
Listing Status: Active
0Days on Market: 0
16 Bedrooms · 8 Bathrooms · 6,775 sq ft
Property Type: ResidentialIncome
Year Built: 1969
Lot Size: 15,191 sq ft
MLS Number: 26833773
About This Property
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.
Listing provided by: Nicholas Petrosian DRE #01462598 213-817-1000 npetrosian@remaxcir.com, Remax Commercial and Investment Realty
Source: CRMLS, MLS #: 26833773
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.