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$ 2,385,000
Est. payment /mo
Active
11062 Excelsior Drive Norwalk, CA 90650
6,775 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,775 sqft
Price per Sqft $352
MLS Listing ID CL26833773
HOA Y/N No
Year Built 1969
Lot Size 0.349 Acres
Acres 0.3487
Property Sub-Type Other
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.
Location
State CA
County Los Angeles
Zoning NOR317U*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 8078023015
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Listed by Nicholas Petrosian • Remax Commercial and Investment Realty