11062 Excelsior Dr, Norwalk, CA 90650
11062 Excelsior Dr, Norwalk, CA 90650
11062 Excelsior Dr, Norwalk, CA 90650
16
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$2,250,000
Est. payment /mo
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16 Beds
8 Baths
6,775 SqFt
Active Under Contract

11062 Excelsior Dr Norwalk, CA 90650

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,775 sqft

Price per Sqft $332

MLS Listing ID 26833773

Bedrooms 16

Year Built 1969

Lot Size 0.349 Acres

Acres 0.3487

Property Sub-Type Multi-Family

Property 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.

Location

State CA

County Los Angeles

Area Norwalk

Zoning NOR317U*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Garage - 1 Car, Parking Space

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty

NEARBY SCHOOL & BUSINESS

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David Jones
David Jones

Agent | RE. S.0072438

+1(702) 883-8801 | davidsellslasvegas@gmail.com

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11062 Excelsior Dr