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16-Bedroom ResidentialIncome — 11062 Excelsior Drive, Norwalk, CA

$2,250,000

11062 Excelsior Drive, Norwalk, CA

$2,250,000 — 11062 Excelsior Drive, Norwalk, CA — photo 1 $2,250,000 — 11062 Excelsior Drive, Norwalk, CA — photo 2 $2,250,000 — 11062 Excelsior Drive, Norwalk, CA — photo 3 $2,250,000 — 11062 Excelsior Drive, Norwalk, CA — photo 4 $2,250,000 — 11062 Excelsior Drive, Norwalk, CA — photo 5
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About this property

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.

Property details

Bedrooms
16
Bathrooms
8
Square feet
6,775
Year built
1969
Property type
ResidentialIncome

Location

11062 Excelsior Drive • Norwalk, CA 90650

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Listed by

Nicholas Petrosian · Remax Commercial and Investment Realty

Listing courtesy of Remax Commercial and Investment Realty. Information deemed reliable but not guaranteed.

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