11062 Excelsior Drive, Norwalk, CA 90650
- $2,250,000
- 16
- BD
- 8
- BA
- 6,775
- SqFt
Listing courtesy of Listing Agent: Nicholas Petrosian (npetrosian@remaxcir.com) from Listing Office: Remax Commercial and Investment Realty.
- List Price
- $2,250,000
- Price Change
- ▼ $135,000 1784155296
- Status
- Active Under Contract
- MLS#
- 26833773
- Year Built
- 1969
- Bedrooms
- 16
- Bathrooms
- 8
- Living Sq. Ft
- 6,775
- Lot Size
- 15,191
- Days on Market
- 78
- Property Type
- Multifamily
- Property Type
- Multifamily
- Stories
- Two Levels
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.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.